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AMD

+ - AMD announces layoffs

Submitted by jorghis
jorghis writes: AMD announced substantial layoffs today. The company plans to trim 10% of workforce or 1,680 employees by the third quarter of this year in order to shave costs. Is this the first of many companies in the tech industry to be impacted by the economic slowdown or just a sign that AMD cant compete with Intel?

"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts." -- Bertrand Russell

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