AMD to cut more jobs in January 2013
Last month AMD announced it will lay off 1700 people, about 15 percent of its workforce, and now rumors hit the web that even more cuts are coming in January. AllThingsD picked up a rumor from multiple sources that AMD is focusing on another corporate reorganization, as senior managers are reportedly making preparations for another shakeup. Details on how many jobs will be cut this time are unknown, but it's said that the number of jobs that will be eliminated this time around will be much smaller than the previous cut.
Curiously, the site also heard that the target number isn't fixed as AMD managers are waiting to see how many people will jump ship between now and January (and thus don't require expensive severance packages).
Some employees are being quietly told by managers that they will lose their jobs in January, but are being kept around for the moment as insurance against the possibility of other key people quitting before then, one source told me.
Another source told me that it’s an open secret around the corridors of AMD’s offices in Sunnyvale, Calif., and Austin, Texas, that another round of job cuts are coming. “The thinking is that management needs to get a few things right that they didn’t in the last round of layoffs,” one source told me.
AMD to cut thousands of jobs - 10/13/2012 11:35 AM
Advanced Micro Devices will very likely cut 2340 jobs which is about about 20 percent of the workforce.
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AMD to change processor names - 09/23/2008 10:11 AM
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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...
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So shocking and previous post about this was lock cause you all thought the guy was trolling and banned him now hilbert posting about it.
AMD is gona kill them selves more then already have seeing that havent made cpu in years that actual can complete with intel and intel cpu prices just seem to keeping geting more expenisve now AMD letting more people go. What happens when AMD is left with just there managers?? lmao
Difference. The other guy posted simply to troll about AMD..... Hilbert is posting because it's news worthy.
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how so he said same thing was gona happen begining next year shown with links. I find it funny weather he did it troll or not it still happened to be true. Not that it can be proved any more the whole topic went from locked to deleted apparntly.
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Maybe we can get a Kickstarter to save AMD...
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hah, that wont help them they will just give to all the managers and can more of there workers. it kinda sad that amd come to this, maybe the fact all the next consoles are using amd might save them hah
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Yikes