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[DT] AMD Plans 1,600 Lay-offs

post #1 of 7
Thread Starter 
The plans appear to be going into action by this year's end, and the original numbers were way off. They first announced a 5% layoff, but that number quickly doubled to 10%.

I guess this is what happens when you keep losing money.

Source
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post #2 of 7
Well, what can I say, that totally sucks.
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post #3 of 7
Ouch

Come on, AMD. Let's go!
    
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post #4 of 7
I feel bad for my neighbors down in Austin.

brad
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post #5 of 7
Quote:
Originally Posted by sgtdisturbed47 View Post
The plans appear to be going into action by this year's end, and the original numbers were way off. They first announced a 5% layoff, but that number quickly doubled to 10%.

I guess this is what happens when you keep losing money.

Source
I suppose it doesn't help when the worlds economies are starting to show signs of recession. Thats probably why the 5% figure jumped to 10%.

To be honest it wouldn't suprise me to see Intel and Nvidia lay off staff
    
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post #6 of 7
Quote:
Originally Posted by Choggs396 View Post
Ouch

Come on, AMD. Let's go!
Where are they gonna go? They must not have anything up their sleeve otherwise they wouldn't have to fire people.
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post #7 of 7
So when are they going to fire the R&D team? Seems like the only research they've been doing is what Intel is up to.

Jokes of course, although I'm pretty disappointed at AMD for not releasing a cpu that will offer real competition. Yes I know Phenom is priced low, it's also priced accordingly to it's inferior performance compared to the Q6600. If AMD only had focused on a cpu that would tear apart Kentsfield.
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