Latest in Gaming

Image credit:

AMD could slash up to 30 percent of its workforce according to reports

Alexis Santos
October 12, 2012
Share
Tweet
Share

Sponsored Links

AllThingsD and CNET are reporting that 30 percent of AMD's workforce could be laid off, though one of several unnamed sources notes the cuts could be as low as 10 percent. If these reports hold true, this would be the second round of layoffs for AMD within a year's time. The reductions will reportedly affect the firm's engineering and sales employees, and may be serious enough to cause a paring back of product lines. The silicon giant could potentially reveal its plans as early as next week, which would coincide with the announcement of its third quarter financial results. With the company expecting a ten percent revenue drop in Q3, it looks like the latest figures will continue the trend of less than ideal results.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

Engadget's 2020 Back-to-School Guide

Engadget's 2020 Back-to-School Guide

View
Trump orders TikTok owner to sell its US business

Trump orders TikTok owner to sell its US business

View
Apple is reportedly planning 'Apple One' subscription bundles

Apple is reportedly planning 'Apple One' subscription bundles

View
Facebook forms financial group to focus on payments

Facebook forms financial group to focus on payments

View
Netflix confirms it's adding playback speed controls to its Android app

Netflix confirms it's adding playback speed controls to its Android app

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr