Overclock.net › Forums › Industry News › Hardware News › [Streetinsider]Advanced Micro Devices (AMD) Announces Restructuring Plan; Will Cut ~5% of Workforce
New Posts  All Forums:Forum Nav:

[Streetinsider]Advanced Micro Devices (AMD) Announces Restructuring Plan; Will Cut ~5% of Workforce

post #1 of 64
Thread Starter 
Quote:
Advanced Micro Devices (NASDAQ: AMD) disclosed the following on Thursday:

On September 26, 2015, Advanced Micro Devices, Inc. (the “Company”) adopted a restructuring plan (the “Plan”). The Plan is focused on the Company's ongoing efforts to simplify its business and align resources around its priorities of building great products and deepening customer relationships.

The Plan provides for a workforce reduction of approximately 5% of the Company's global workforce. The Plan includes organizational actions such as outsourcing certain IT services and application development.
http://www.streetinsider.com/Corporate+News/Advanced+Micro+Devices+%28AMD%29+Announces+Restructuring+Plan%3B+Will+Cut+~5%25+of+Workforce/10938283.html


Last time was in October 2014: 7%
http://www.streetinsider.com/Corporate+News/Advanced+Micro+Devices+%28AMD%29+Announces+Restructuring+Plan%3B+Will+Cut+~5%25+of+Workforce/10938283.html
Edited by iLeakStuff - 10/1/15 at 1:51pm
post #2 of 64
if Jim Keller could be considered 5% of AMD's workforce biggrin.gif
Number 3
(16 items)
 
Dust Catcher
(9 items)
 
CPUMotherboardGraphicsRAM
i7 6700k 4.5 ghz MSI Gaming M7  1080ti aorus xtreme 2x8 go Gskill 3200mhz C15 
Hard DriveHard DriveHard DriveHard Drive
crucial ssd 128 Go 2x Samsung 840 evo 250 Go Hitachi HDD 2To Toshiba HDD 2To 
Optical DriveCoolingOSMonitor
Old DVD-RW KRAKEN X61 Windows 10 x64 Swift 2k 165hz 
KeyboardPowerCaseMouse
g910 CM V1000 CM Trooper modded g502 proteus 
CPUMotherboardGraphicsRAM
Phenom ii x6 1075t Asus Sabertooth 990fx CF 2x Asus 6950 directcu ii  2x4Gb Gskill 1333 
Hard DriveCoolingOSPower
80go Intel x25 ssd series + 500 go Samsung  cooler master V6 gt Win 7 64bit ultimate edition cooler master silent pro 850w 
Case
HAF 912 advanced 
  hide details  
Reply
Number 3
(16 items)
 
Dust Catcher
(9 items)
 
CPUMotherboardGraphicsRAM
i7 6700k 4.5 ghz MSI Gaming M7  1080ti aorus xtreme 2x8 go Gskill 3200mhz C15 
Hard DriveHard DriveHard DriveHard Drive
crucial ssd 128 Go 2x Samsung 840 evo 250 Go Hitachi HDD 2To Toshiba HDD 2To 
Optical DriveCoolingOSMonitor
Old DVD-RW KRAKEN X61 Windows 10 x64 Swift 2k 165hz 
KeyboardPowerCaseMouse
g910 CM V1000 CM Trooper modded g502 proteus 
CPUMotherboardGraphicsRAM
Phenom ii x6 1075t Asus Sabertooth 990fx CF 2x Asus 6950 directcu ii  2x4Gb Gskill 1333 
Hard DriveCoolingOSPower
80go Intel x25 ssd series + 500 go Samsung  cooler master V6 gt Win 7 64bit ultimate edition cooler master silent pro 850w 
Case
HAF 912 advanced 
  hide details  
Reply
post #3 of 64
Well i hope this helps AMD, i want to see them do well.
The Beast
(16 items)
 
  
CPUMotherboardGraphicsGraphics
i7 5960X 4.4Ghz Asrock Extreme4 x99 EVGA SC 1080 Ti EVGA SC Titan X ( PhysX ) 
RAMHard DriveOptical DriveCooling
16 GB DDR4 2x Samsung 840 480gb, Intel 730 480gb and 2TB W... Bluray 12x 3D NH-D15 
OSMonitorKeyboardPower
Windows 7 64 bit Epson 3D 6030D THX Front projector 140" Logitech G710+ Corsair AX1200i 
CaseMouseMouse PadAudio
Custom G600 SteelSeries Custom Speakers 
  hide details  
Reply
The Beast
(16 items)
 
  
CPUMotherboardGraphicsGraphics
i7 5960X 4.4Ghz Asrock Extreme4 x99 EVGA SC 1080 Ti EVGA SC Titan X ( PhysX ) 
RAMHard DriveOptical DriveCooling
16 GB DDR4 2x Samsung 840 480gb, Intel 730 480gb and 2TB W... Bluray 12x 3D NH-D15 
OSMonitorKeyboardPower
Windows 7 64 bit Epson 3D 6030D THX Front projector 140" Logitech G710+ Corsair AX1200i 
CaseMouseMouse PadAudio
Custom G600 SteelSeries Custom Speakers 
  hide details  
Reply
post #4 of 64
They need to cut 50% because what they've done so far can be done by like 1000 people.
Phenom II X4 955
(11 items)
 
Phenom II X4 20
(11 items)
 
 
CPUMotherboardGraphicsRAM
Phenom II X4 955 @ 3.72Ghz MSI NF980 G65 HD 6970 2 x 4GB Ripjaws DDR3 1600 
Hard DriveCoolingOSMonitor
Kingston HyperX SATA III 128GB SSD Stock Win 7 Ultimate 2 23" 1080p 
KeyboardPowerCase
Logitech G15 Corsair HX650 Thermaltake Soprano Snow 
CPUMotherboardGraphicsRAM
Phenom II X4 20 @ 3.22Ghz (unlocked X3 720) Asrock 870 Extreme 3 GTX 460 with Gelid Icy Vision Cooler 2 x 4GB Ripjaws DDR3 1600 
Hard DriveCoolingOSMonitor
Kingston HyperX SATA III 128GB SSD Stock Win 7 Ultimate 27" 1080p 
KeyboardPowerCase
Sidewinder X4 Antec Eco 620 Antec 900 
  hide details  
Reply
Phenom II X4 955
(11 items)
 
Phenom II X4 20
(11 items)
 
 
CPUMotherboardGraphicsRAM
Phenom II X4 955 @ 3.72Ghz MSI NF980 G65 HD 6970 2 x 4GB Ripjaws DDR3 1600 
Hard DriveCoolingOSMonitor
Kingston HyperX SATA III 128GB SSD Stock Win 7 Ultimate 2 23" 1080p 
KeyboardPowerCase
Logitech G15 Corsair HX650 Thermaltake Soprano Snow 
CPUMotherboardGraphicsRAM
Phenom II X4 20 @ 3.22Ghz (unlocked X3 720) Asrock 870 Extreme 3 GTX 460 with Gelid Icy Vision Cooler 2 x 4GB Ripjaws DDR3 1600 
Hard DriveCoolingOSMonitor
Kingston HyperX SATA III 128GB SSD Stock Win 7 Ultimate 27" 1080p 
KeyboardPowerCase
Sidewinder X4 Antec Eco 620 Antec 900 
  hide details  
Reply
post #5 of 64
amd news seems like it just repeats. restructuring, layoffs, new cpu delay in an endless cycle
zen dream
(14 items)
 
the old nag
(13 items)
 
 
CPUMotherboardGraphicsRAM
Zen 1700 Asrock B350 Pro4 MSI RX 480 4GB Crucial Ballistix DDR4 2400 2x4GB 
Hard DriveCoolingMonitorKeyboard
*ntel 600p 256GB NVMe Thermalright TRUE Spirit 140 Direct Dell SE2717HX Filco Magestouch MX Brown Tenkeyless 
PowerCaseMouseMouse Pad
SeaSonic M12II 620W Antec 300 Logitech G400 Glorious PC Gaming Large 
AudioOther
Sennheiser HD598 CyberPower CP1500 
CPUMotherboardRAMHard Drive
Phenom II x4 955 Asus M3N78 PRO 2GB Corsair XMS2-8500 DDR2 5-5-5-15 (2) OCZ 128GB SSD 
Hard DriveHard DriveHard DriveHard Drive
OCZ 30 GB SSD Samsung 2TB WD Black 2TB  WD Green 2TB 
OSMonitorPowerCase
Windows 10 x64 Dell P2414H Corsair CX430 v2 Fractal Design Define R5 
Other
Linksys EA6350 AC1200+  
  hide details  
Reply
zen dream
(14 items)
 
the old nag
(13 items)
 
 
CPUMotherboardGraphicsRAM
Zen 1700 Asrock B350 Pro4 MSI RX 480 4GB Crucial Ballistix DDR4 2400 2x4GB 
Hard DriveCoolingMonitorKeyboard
*ntel 600p 256GB NVMe Thermalright TRUE Spirit 140 Direct Dell SE2717HX Filco Magestouch MX Brown Tenkeyless 
PowerCaseMouseMouse Pad
SeaSonic M12II 620W Antec 300 Logitech G400 Glorious PC Gaming Large 
AudioOther
Sennheiser HD598 CyberPower CP1500 
CPUMotherboardRAMHard Drive
Phenom II x4 955 Asus M3N78 PRO 2GB Corsair XMS2-8500 DDR2 5-5-5-15 (2) OCZ 128GB SSD 
Hard DriveHard DriveHard DriveHard Drive
OCZ 30 GB SSD Samsung 2TB WD Black 2TB  WD Green 2TB 
OSMonitorPowerCase
Windows 10 x64 Dell P2414H Corsair CX430 v2 Fractal Design Define R5 
Other
Linksys EA6350 AC1200+  
  hide details  
Reply
post #6 of 64
Soon it will read "AMD cut 5% of workforce, the whole driver team".
X79-GCN
(22 items)
 
  
CPUMotherboardGraphicsRAM
Intel 3930K 4.5GHz HT GIGABYTE GA-X79-UP4 AMD R9-290X GEil Evo Potenza DDR3 2400MHz CL10 (4x4GB) 
Hard DriveCoolingCoolingCooling
Samsung 840 Pro 120GB EK Supremacy (CPU) NF F12's P/P (360 Rad)  NF A14's (420 Rad)  
CoolingCoolingCoolingCooling
XSPC Chrome Compression Fittings EK RES X3 150 Primochill PremoFlex Advanced LRT Clear 1/2 ID EK-FC (R9 290X) 
CoolingCoolingCoolingOS
EK D5 Vario Top-X  Phobya G-Changer V2 360mm Phobya G-Changer V2 420mm Win 10 x64 Pro 
MonitorKeyboardPowerCase
BenQ XR3501 35" Curved Corsair Vengeance K90 Seasonic X-1250 Gold (v2) Corsair 900D 
MouseAudio
Logitech G400s Senn HD 598 
  hide details  
Reply
X79-GCN
(22 items)
 
  
CPUMotherboardGraphicsRAM
Intel 3930K 4.5GHz HT GIGABYTE GA-X79-UP4 AMD R9-290X GEil Evo Potenza DDR3 2400MHz CL10 (4x4GB) 
Hard DriveCoolingCoolingCooling
Samsung 840 Pro 120GB EK Supremacy (CPU) NF F12's P/P (360 Rad)  NF A14's (420 Rad)  
CoolingCoolingCoolingCooling
XSPC Chrome Compression Fittings EK RES X3 150 Primochill PremoFlex Advanced LRT Clear 1/2 ID EK-FC (R9 290X) 
CoolingCoolingCoolingOS
EK D5 Vario Top-X  Phobya G-Changer V2 360mm Phobya G-Changer V2 420mm Win 10 x64 Pro 
MonitorKeyboardPowerCase
BenQ XR3501 35" Curved Corsair Vengeance K90 Seasonic X-1250 Gold (v2) Corsair 900D 
MouseAudio
Logitech G400s Senn HD 598 
  hide details  
Reply
post #7 of 64
Thread Starter 
Quote:
Originally Posted by ihatelolcats View Post

amd news seems like it just repeats. restructuring, layoffs, new cpu delay in an endless cycle
Yeah its pretty depressing alltogether.
Quote:
Originally Posted by BradleyW View Post

Soon it will read "AMD cut 5% of workforce, the whole driver team".
7% cut in late 2014 was 700 workers
5% now is 465 people getting fired.

If my math is correct they are down from 10k workers in 2014 to 8800 now
Edited by iLeakStuff - 10/1/15 at 2:13pm
post #8 of 64
Quote:
Originally Posted by BradleyW View Post

Soon it will read "AMD cut 5% of workforce, the whole driver team".

LOL! They have re-structured their driver team and re-vised them from ground-up several times, which was a bad thing because now there are parts of old code present in today's drivers from a developer that is no longer there.

DirectX 12 is AMD's savior because it does not depend on drivers as much as DirectX 11.
post #9 of 64
They need to take a serious look at their discrete graphics department. There are a few gems there now, but mostly what seem like lazy and incompetent individuals.
post #10 of 64
Quote:
Originally Posted by TheLawIX View Post

They need to take a serious look at their discrete graphics department. There are a few gems there now, but mostly what seem like lazy and incompetent individuals.
What are you basing this opinion on?
Lil' Roy Taylor
(11 items)
 
  
Reply
Lil' Roy Taylor
(11 items)
 
  
Reply
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Hardware News
Overclock.net › Forums › Industry News › Hardware News › [Streetinsider]Advanced Micro Devices (AMD) Announces Restructuring Plan; Will Cut ~5% of Workforce