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[WSJ] AMD to Cut 1,400 Jobs - Page 6

post #51 of 135
Quote:
Originally Posted by Raiden911 View Post
AMD should have pushed for paycuts throughout the company. Mainly for morale of the employees.
Soo true. I HATE reading about companies that restructure to "cut costs" yet the CEOs always get huge salaries and hefty bonuses. Made me curious:

Quote:
AMD revealed that it will paying its new CEO Rory Read a base salary of $1 million, the highest base salary for an AMD CEO in the company's history.
...
Read also received a $1 million sign-on bonus, half of which he has to repay if he leaves AMD within the next 2 years. He is eligible for up to 150 percent bonus of his base salary as well as the common incentive programs.
Seriously, who gets to keep $500k for quitting a job?!?! Plus, $1mil sign-on and 150% bonus pay?!
    
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post #52 of 135
Quote:
Originally Posted by Cool Vibrations View Post
If ATI disappears, I'm done with AMD. I wish they hadn't bought them in the first place.
AMD bought ATI to survive and avoid going out of business. Their plan was something like FUSION but at the moment they cannot capitalize on that because INTEL kills them in IPC
 
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post #53 of 135
Quote:
Originally Posted by Nick0matic View Post
Looks like those jobs...

*Puts on sunglasses*

are getting bulldozed

*Is nothing more than a joke
YEEEEEEEEEEEEEEAAAAAAAAAAHHHHHHH!!!!!!!!!
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post #54 of 135
Quote:
Originally Posted by Nick0matic View Post
Looks like those jobs...

*Puts on sunglasses*

are getting bulldozed

*Is nothing more than a joke

Ugh, i feel so bad for laughing at this.
post #55 of 135
Quote:
If ATI disappears, I'm done with AMD. I wish they hadn't bought them in the first place.
AMD original plans were to purchase Nvidia but Jen-Hsun Huang wouldn't allow it. They already took out a loan and everything. Their next option was to buy ATI, which they did and clearly they have had some benefit from doing so.
post #56 of 135
damn shame...I hope its the R&D department. they need better people to design their processors and not rely on computers to design em
post #57 of 135
Quote:
Originally Posted by Captain Han View Post
Source
WSJ apparently wont let you read the full article unless you visit from Google search results or pay them subscription fee
Alternate Source
Good.

It's about time the overpaid & underperforming hacks at AMD got the chop.

Maybe they can begin to rebuild their desktop products after the Bulldozer disaster and make piledriver respectable.
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post #58 of 135
Quote:
Originally Posted by Raiden911 View Post
When one gets clipped one day, they will know the feeling and the uncertainty. Let's hope that they got a nice "cushion" of potential help from others.

AMD should have pushed for paycuts throughout the company. Mainly for morale of the employees.

I hope those employees will get a decent package. Sucks that layoffs has to happen during the end of the year.
Quote:
Originally Posted by Cheetos316 View Post
Soo true. I HATE reading about companies that restructure to "cut costs" yet the CEOs always get huge salaries and hefty bonuses. Made me curious:



Seriously, who gets to keep $500k for quitting a job?!?! Plus, $1mil sign-on and 150% bonus pay?!
They very well may have already considered this--or it could be the other situation where the jobs that are being cut are no longer relevant to the company's intended business direction. No point in asking everyone to take a pay cut in order to preserve jobs that no longer have relevance to the business.

It's never fun to hear of people losing their jobs and companies laying off workers, but at the same time, companies need to constantly change or risk getting complacent and becoming obsolete. It's a sad but true fact.
    
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post #59 of 135
Quote:
Originally Posted by reflex99 View Post
I highly doubt bulldozer had much of anything to do with this.

enthusiast market us such a small percent of revenue.
Enthusiast market is small, but they get good revenue from it. Markup on high end enthusiast products is much larger than low-cost high volume.

Bulldozer not living up to it's hype had to have cost a fair number of those jobs.
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post #60 of 135
Uh, Bulldozer being below expectations is bad news for Opteron 4200 series and Opteron 6200 series, which does make a big difference. Granted, the design does work better for server workloads than for consumer stuff like games, and the high power consumption is mostly an issue at high clock speeds, which the Opterons do not use. But IPC being below expectations is still not good.

Layoffs, however, are due to restructuring, which comes after a CEO change. It's probably not much of a response to Bulldozer.
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