AMD to Cut Up to 30 Percent of Workforce

According to sources familiar with the company's plans, (they asked not to be identified), AMD will announce next week that it will cut between 20 percent and 30 percent of its employees, which, given AMD's headcount of about 11,700 11,100 workers, would amount to between 2,200 and 3,300 jobs.

Source: allthingsd.comExternal Link

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