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[TG Daily] AMD to lay off 10% of their workforce

post #1 of 8
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Quote:
Our sources called for a 5% reduction in positions, or about 850 employees. We have no indication to believe that this information was wrong at the time we published our article, but now we hear that AMD may have increased that number to 10% or about 1600 to 1700 positions.

On a percentage basis, this number is still below what Intel announced to cut as part of its massive restructuring that began in 2006. Including sold departments, Intel so far has eliminated more than 16,000 people from its payroll (which is, by the way, also close to our initial prediction and more than 50% above Intel’s original guidance). According to its annual report, Intel employed about 86,300 people at the end of December 2007, down from about 102,500 18 months earlier.
http://www.tgdaily.com/content/view/36823/167/
    
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post #2 of 8
Nvidia should by AMD :O zomg
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post #3 of 8
Quote:
Originally Posted by phospholipid View Post
Nvidia should by AMD :O zomg
That would form a graphics monopoly on the high end and lead to nVidia getting sued more then they can imagine. Not happening.
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post #4 of 8
Quote:
Originally Posted by phospholipid View Post
Nvidia should by AMD :O zomg
lol how many times i hear that everyday and find it funnier each time

knowledge is key
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post #5 of 8
OH NOES.

I hope AMD pulls off something good soon D:
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post #6 of 8
Quote:
Originally Posted by Licht View Post
That would form a graphics monopoly on the high end and lead to nVidia getting sued more then they can imagine. Not happening.
More like graphics monopoly on everything but crappy intergrated .

I think it would be cool if nVidia got a x86 liscense and started making CPU's though.
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post #7 of 8
I hope AMD/ATI stay independent. Competition is a good thing in the long run. For all of us.
    
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post #8 of 8
Quote:
Originally Posted by Crazy9000 View Post
More like graphics monopoly on everything but crappy intergrated .

I think it would be cool if nVidia got a x86 liscense and started making CPU's though.
Laurabee.
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Lee XT
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