Follow Slashdot blog updates by subscribing to our blog RSS feed

 



Forgot your password?
typodupeerror
Check out the new SourceForge HTML5 internet speed test! No Flash necessary and runs on all devices. ×
AMD Businesses

AMD To Shed 10% of Its Workforce 276

stress_life writes "Recent rumors about AMD firing 5% of its workforce proved to be understated. AMD just announced that the company is going to deliver pink slips to 1600-1700 workers, or around 10% of its employees. AMD needs revenue of $2 billion per quarter, but Q1'08 is expected to come in around $1.5 billion. These firings have to be complete by Q3'08, the quarter by which Hector Ruiz promised to be profitable." We most recently discussed AMD's struggles in February.
This discussion has been archived. No new comments can be posted.

AMD To Shed 10% of Its Workforce

Comments Filter:

"Marriage is like a cage; one sees the birds outside desperate to get in, and those inside desperate to get out." -- Montaigne

Working...