Guru3D.com
  • HOME
  • NEWS
    • Channels
    • Archive
  • DOWNLOADS
    • New Downloads
    • Categories
    • Archive
  • GAME REVIEWS
  • ARTICLES
    • Rig of the Month
    • Join ROTM
    • PC Buyers Guide
    • Guru3D VGA Charts
    • Editorials
    • Dated content
  • HARDWARE REVIEWS
    • Videocards
    • Processors
    • Audio
    • Motherboards
    • Memory and Flash
    • SSD Storage
    • Chassis
    • Media Players
    • Power Supply
    • Laptop and Mobile
    • Smartphone
    • Networking
    • Keyboard Mouse
    • Cooling
    • Search articles
    • Knowledgebase
    • More Categories
  • FORUMS
  • NEWSLETTER
  • CONTACT

New Reviews
Corsair Vengeance RGB Pro SL 3600 MHz 32GB review
ASRock Z590 Extreme review
Gigabyte Radeon RX 6700 XT Gaming OC review
Corsair K70 RGB TKL keyboard review
Corsair RM650x (2021) power supply review
be quiet! Silent Loop 2 280mm review
Corsair K55 RGB PRO XT keyboard review
Guru3D Rig of the Month - March 2021
Intel Core i9-11900K processor review
Intel Core i5-11600K processor review

New Downloads
CPU-Z download v1.96
GeForce 466.11 WHQL driver download
Guru3D RTSS Rivatuner Statistics Server Download 7.3.2 Beta 2
MSI Afterburner 4.6.4 Beta 2 Download
HWiNFO Download v7.02
Intel HD graphics Driver Download Version: DCH 27.20.100.9316
Corsair Utility Engine Download (iCUE) Download v4.9.350
Quake II RTX Download 1.5.0
GeForce 465.89 WHQL driver download
AIDA64 Download Version 6.33


New Forum Topics
GeForce 466.11 WHQL driver download & discussion Display Smart Access Memory Status Info On Home Page of Adreneline? RTSS Overlay Editor Megathread Star Citizen Made a $27,000 DLC Bundle Exclusively for the $1,000+ Concierge Community NVIDIA to replace RTX 3060 GPU with GA106-302 chip to suppress ETH mining Review: Corsair Vengeance RGB Pro SL 3600 MHz 32GB Unity Adding NVIDIA DLSS Support to Their Game Engine RDNA2 RX6000 Series Owners Thread, Tests, Mods, BIOS & Tweaks ! NVIDIA Indicates GPU shortages to last for the bigger part of the year PowerColor Offers Radeon RX 6900 XT Liquid Devil Ultimate and Red Devil Ultimate




Guru3D.com » News » AMD to cut 1,100 jobs, slash pay

AMD to cut 1,100 jobs, slash pay

by Hilbert Hagedoorn on: 01/17/2009 01:17 PM | source: | 0 comment(s)

In a third round of recent cutbacks and job cuts, computer chipmaker AMD will cut 9 percent of its global workforce, amounting to about 1,100 jobs, and lower the pay of existing employees, according to a Friday report. The company announced today 900 workers will be cut, while the remaining 200 or so are a result of attrition and the sale of AMD's business unit. Existing employees will suffer what are called temporary pay cuts, with CEO Dirk Meyer and executive chairman Hector Ruiz getting 20 percent lopped off their salary, while vice presidents and other top management get 15 percent reductions. Salaried workers will make 10 percent less, with hourly workers getting a 5 percent wage cut.

Late last year, AMD cut 600 jobs, in addition to letting go of 1,600 workers earlier in the year. The Intel competitor is struggling from product delays and debt from its purchase of graphics chipmaker ATI technologies in an increasingly touch business climate. Late last year, the company also lowered its outlook for the fourth financial quarter. The company is due to report its calendar fourth quarter results on Thursday.







« 13-year old girl sends 14,528 text messages in one month · AMD to cut 1,100 jobs, slash pay · Intel likely to delay mainstream Core i7 to August »

Related Stories

AMD to change processor names - 09/23/2008 10:11 AM
According to sources, AMD will begin to change their naming scheme for their 45nm CPU: they will keep the Phenom X4/X3 branding , but the numbers will get five digits. Sources mentioned that the name ...

AMD to cut Radeon HD 3870, 3850 prices again - 03/20/2008 10:39 AM
Some times you'd just wondewr how much money they actually make on graphics cards eh ? At this very moment the Radeon HD 3870 can still can be purchased for little as $189.99, but the 9600 GT has drop...



Guru3D.com © 2021