Legit News
AMD Cuts 500 More Jobs - 2,100 Workers Cut in 2008
Struggling chip maker Advanced Micro Devices said Wednesday that it is cutting 500 workers, or 3 percent of its global staff, to help the company return to profitability. The cuts are AMD's second big round of layoffs this year. The cuts announced Wednesday come after AMD cut 1,600 workers earlier this year.
AMD said Wednesday it had already notified all U.S.-based employees who were being laid off in the latest round of cuts. The job cuts will affect all AMD departments worldwide except for the company's manufacturing operations, which have roughly 3,000 employees and are being spun off into a separate company, Silverman said.
Posted by | Thu, Nov 06, 2008 - 09:21 AM
Search
Hot Topics
- PCI Express Bus Speed?
- Should i get the hd4850 or hd4890?
- Fraps 3.0.0 Released!
- Used computer part required: London Taxi Company
- ATI 4650 problems using XP Pro on Windows 7 machine
- DELL ANNOUNCES ADAMO XPS Laptop
- Firefox v3.5.5 Released!
- Help, need Server value!
- Where Are The Radeon HD 5800 Series Video Cards?
- Hello Humans: DROID by Motorola Arrives