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AMD is laying off 4 percent of its global workforce
AMD to lay off 4% of workforce, or about 1,000 employees
At the end of last year, AMD had 26,000 employees, according to a U.S. Securities and Exchange Commission filing.
AMD announces job cuts, to lay off about 1,000 employees
Advanced Micro Devices (AMD) has announced a reduction of its global workforce by 4%. According to a report by CNBC, the chipmaker is laying off about 1,000 employees.
AMD Says It’s Laying Off 4 Percent Of Workforce Amid AI Chip Push
AMD confirmed to CRN that it’s laying off roughly 4 percent of its workforce to focus on its ‘largest growth opportunities,’ which includes its effort to challenge Nvidia.
1h
AMD to cut about 1,000 jobs, 4% of staff, so it can double down on AI opportunity
AMD’s struggles to overhaul Nvidia are evident in the price of its shares. While its stock is down 5% in the year to date, ...
1h
AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up
AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.
Bloomberg L.P. on MSN
12h
AMD Cutting About 4% of Workforce to Focus Resources on AI Push
Advanced Micro Devices Inc. is shedding about a thousand jobs as part of an effort to refocus on newer markets like ...
7h
on MSN
AMD to cut 4% of global workforce as it focuses on AI chip development
Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards ...
11h
Nvidia Sweeps Benchmarks. AMD Is MIA, Again
Nvidia is still the fastest AI and HPC accelerator across all MLPerf benchmarks; Hopper performance increased by 30% thanks ...
1h
AMD cuts 1,000 staff to focus on AI chips in battle with Nvidia
The company’s data centre segment has performed vastly better than its personal computer and gaming units this year.
TweakTown
1h
AMD Ryzen 7 9800X3D CPU + AM5 socket burned out, both physically damaged during installation
AMD Ryzen 7 9800X3D processor and AM5 socket burned to a crisp, both physically damaged either due to a fault, or a user ...
15h
on MSN
Where Will AMD Stock Be in 5 Years?
The chipmaker has delivered solid gains in the past five years, and a closer look at its prospects indicates more possible ...
Business Insider
12h
AMD vs INTC vs TSM: Will These Chipmakers Rally as High as NVDA?
Advanced Micro Devices (
AMD
), Intel (INTC), and Taiwan Semiconductor Manufacturing (TSM) are major players in the ...
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