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Old 14-10-2012, 11:41 AM   #1
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[Techreport.com] Multiple sources say AMD plans more layoffs

A couple of weeks ago, we caught wind of a rumor suggesting AMD was preparing to cut its work force to less than 10,000 employees, a drop of about 9%. That report came from VR-Zone, and now CNet has chimed in with word from its own sources. According to "people familiar with that matter," AMD is poised to axe as much as 20-30% of its staff. However, CNet says the number of layoffs could be lower, and it suggests AMD may release more information on the purported job cuts next week.

SemiAccurate's sources are talking , too, and they echo the figures posted by the other two sites. Charlie Demerjian's moles tell him that a minimum of 10% of AMD's workers will lose their ...

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