AMD Says It’s Laying Off 4 Percent Of Workforce Amid AI Chip …
1 day ago · Layoffs Hit AMD After Mixed Earnings Report. The layoff announcement comes two weeks after AMD said that it had more than doubled its data center business and increased client processor sales by ...
Sweeping layoff by Nvidia rival AMD includes dozens at Bay Area ...
7 hours ago · AMD filed WARN notices with California officials on Monday, as is generally required in the event of mass layoffs. One document said 57 people will lose their jobs at AMD’s Santa Clara ...
AMD lays off 4% of its workforce - TechCrunch
1 day ago · The news, which was previously reported by Wccftech, comes after a mixed Q3 earnings report. While AMD grew both revenue and profit, the company’s gaming division saw a 69% year-over-year ...
AMD is firing 4% of its global workforce as it realigns in likely ...
1 day ago · AMD was approached about the reports and confirmed that 4% of the global workforce was being let go. The company said the layoffs were due to "aligning our resources with our largest growth ...
AMD layoffs: Company to cut 4% of workforce, or about 1,000 …
2 days ago · AMD said on Wednesday that it will lay off 4% of its global staff. AMD had 26,000 employees at the end of last year, according to a U.S. Securities and Exchange Commission filing. AMD is the ...
AMD announces major layoffs as AI becomes main focus
18 hours ago · Two weeks ago, AMD confirmed a third-quarter revenue of $6.82 billion, up 18% year-over-year and up 17% compared with the previous quarter. It also boasted of a record data center segment revenue ...
AMD to cut 4% of global workforce as it focuses on AI chip …
1 day ago · Nov 13 (Reuters) - Advanced Micro Devices (AMD.O) is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards developing AI chips in a bid to compete against ...
AMD cuts 1,000 jobs to focus more on AI chips—and narrow
17 hours ago · AMD plans to cut 4% of its workers in an effort to focus on higher growth areas like chips for artificial intelligence. The layoffs translate to 1,000 jobs out of 26,000 as of the end of last year ...
Chipmaker giant AMD to cut 1,000 jobs as it battles Nvidia
1 day ago · Another Silicon Valley tech giant slashes workforce with around 1,000 layoffs as it tries to stay competitive. ... AMD, which stands for Advanced Micro Devices, has 26,000 workers and builds chips ...
AMD is laying off over 1,000 staff, as gaming GPU revenue …
13 hours ago · AMD might make the best gaming CPU right now, but its gaming GPU products are struggling. In a statement about the upcoming layoffs, reported by CRN, the company is reducing its global workforce ...