It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
Another 1,100 AMD employees to get the axe Another 1,100 AMD employees to get the axe
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read


Another 1,100 AMD employees to get the axe
Reply
 
Thread Tools
Old 16th January 2009, 22:06   #1
Madshrimp
 
jmke's Avatar
 
Join Date: May 2002
Location: 7090/Belgium
Posts: 78,738
jmke has disabled reputation
Default Another 1,100 AMD employees to get the axe

Intel wasn't the only one to have a bad fourth quarter. Only days before reporting its latest financial results, AMD has announced plans to cut 1,100 jobs worldwide, according to the Associated Press. That's the third time AMD has made layoffs in the past year.

900 of the latest cuts will manifest as straight firings, while the rest will be related to "attrition and the previously announced sale of a business unit"—presumably the foundry spinoff. The AP says AMD's current workforce adds up to 15,000 staffers, and 3,000 of those will head to The Foundry Company once the spinoff completes. The 1,100 cuts allegedly come in addition to that, so AMD itself should eventually be left with just 10,900 staffers globally.
http://techreport.com/discussions.x/16245
__________________
jmke is offline   Reply With Quote
Old 17th January 2009, 08:53   #2
Kougar
 
Posts: n/a
Default

Amazing that they have anyone left they can fire. Hopefully they didn't cut to deep, to survive this long through years and years of cuts any employees still there must be critical or important.
  Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
AMD and NVIDIA Employees Fighting On Twitter jmke WebNews 1 8th October 2009 13:58
AMD Launches 45nm Triple Core Phenom II with DDR3 support jmke WebNews 0 9th February 2009 09:26
AMD Announces Widespread Availability and Broad Global OEM Support for New Quad-Core jmke WebNews 0 13th November 2008 16:17
AMD GAME! Enables Console-like Simplicity for Mainstream PCs jmke WebNews 9 19th May 2008 20:51
AMD Introduces ‘AMD Business Class’, Designed With Business in Mind jmke WebNews 0 28th April 2008 09:33
AMD Launches World’s First x86 Triple-Core Processors jmke WebNews 0 27th March 2008 15:16
AMD Introduces Three New Dual-Core AMD Opteron™ Processors jmke WebNews 0 12th March 2006 19:25
AMD takes axe to Athlon 64 X2, Turion, Sempron prices jmke WebNews 1 23rd January 2006 20:37
AMD Introduces Line of Low-Power, High-Performance AMD Geode Embedded x86 Processors Sidney WebNews 0 24th May 2004 06:10
Amd Reports Fourth Quarter And Annual Results jmke WebNews 0 30th January 2004 14:47

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


All times are GMT +1. The time now is 19:01.


Powered by vBulletin® - Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO