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 Intelâ€™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.