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AMD stock to rocket (By laying people off) AMD stock to rocket (By laying people off)
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AMD stock to rocket (By laying people off)
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Old 25th March 2008, 16:14   #1
Madshrimp
 
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Default AMD stock to rocket (By laying people off)

Don’t kill the messenger for bringing bad news, but the news that AMD plans to lay off 10 percent of its staff is definitely not great, especially if you work for DAAMIT.

However, if you own AMD stock this might be a good thing after all. By letting approximately 1,700 people go (10 percent), AMD will cut its operating costs significantly and the investors will see this as a positive step.

http://www.fudzilla.com/index.php?op...47&Ite mid=35
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