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[Engadget] AMD could slash up to 30 percent of its workforce - Page 3

post #21 of 86
this sucks soooooo bad. frown.gif poor amd.
post #22 of 86
Quote:
Originally Posted by Electroneng View Post

I have personally been through two of these. It is never good for the employees who are let go. Hopefully most will be offered early retirement. Companies develop a lot of excess in good times. Paring back frees up future capitol to focus back on fundamentals.
It creates a much more competitive organization for the future. One that can quickly respond to market shifts.


AMD has likely got a ton of middle management bloat, like most companies its size. Also, I don't expect a head cut anywhere near that big, over a 10% drop in sales projections.
post #23 of 86
I was at the stockholders meeting last May. AMD is fine.
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post #24 of 86
Quote:
Originally Posted by Electroneng View Post

I have personally been through two of these. It is never good for the employees who are let go. Hopefully most will be offered early retirement. Companies develop a lot of excess in good times. Paring back frees up future capitol to focus back on fundamentals.
It creates a much more competitive organization for the future. One that can quickly respond to market shifts.

I do hope that is the case. It's not the first lay-off either. What's to say the next launch does poorly and more lay-offs for a third time?
post #25 of 86
Quote:
Originally Posted by Electroneng View Post

I have personally been through two of these. It is never good for the employees who are let go. Hopefully most will be offered early retirement. Companies develop a lot of excess in good times. Paring back frees up future capitol to focus back on fundamentals.
It creates a much more competitive organization for the future. One that can quickly respond to market shifts.

This.
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post #26 of 86
It is unfortunate that people are being laid off. The economy still is not too great in many places. But if they didn't do this then everyone could be out of a job at AMD.
 
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post #27 of 86
Lets' hope Carl Icahn buys up all of AMD's outstanding shares and forces them to be sold to Apple/Google/Microsoft
post #28 of 86
Time to buy AMD stock. thumb.gif
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post #29 of 86
Quote:
Originally Posted by Mookster View Post

Time to buy AMD stock. thumb.gif

Agreed! I am doing so next week.
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post #30 of 86
I read on SA that the hardest hit will be engineering department of AMD's graphics division. doh.gif If this goes through AMD is definitely finished.
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Overclock.net › Forums › Industry News › Rumors and Unconfirmed Articles › [Engadget] AMD could slash up to 30 percent of its workforce