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AMD To Shed 10% of Its Workforce

stress_life writes "Recent rumors about AMD firing 5% of its workforce proved to be understated. AMD just announced that the company is going to deliver pink slips to 1600-1700 workers, or around 10% of its employees. AMD needs revenue of $2 billion per quarter, but Q1'08 is expected to come in around $1.5 billion. These firings have to be complete by Q3'08, the quarter by which Hector Ruiz promised to be profitable." We most recently discussed AMD's struggles in February.

9 of 276 comments (clear)

  1. Re:Well that's good by Clay+Pigeon+-TPF-VS- · · Score: 3, Funny

    What is wrong with amateur ducks?

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    Viral software licensing is not freedom, it is in fact GNU/Socialism.
  2. Re:Well that's good by Anonymous Coward · · Score: 4, Funny

    They're all quacks of course.

  3. 10 percent not so bad by Gothmolly · · Score: 5, Funny

    They can just make it up through overclocking !

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    I want to delete my account but Slashdot doesn't allow it.
  4. AMD has no chance by sadgoblin · · Score: 1, Funny

    Actualy, nobody has chance against the "Intel Inside" propaganda. It's just too cool.

  5. Re:Well that's good by explosivejared · · Score: 3, Funny

    Once you've heard the real deal MONSTER GOLD INSULATED PRO EDITION DUCK(TM) than you can't settle for any less quality duck. I wouldn't expect a non-audio lover like yourself to understand though! Such swine is so prevalent on /. these days. Amateur ducks!

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    I got a catholic block.
  6. Re: And if... by Anonymous Coward · · Score: 4, Funny

    We don't care about suppliers of proprietary solutions because we have OpenSparc. We wouldn't run an open source OS on closed source hardware and firmware.

    http://www.opensparc.net/

  7. Re: And if... by Anonymous Coward · · Score: 2, Funny

    But we are Slashdot here. We run GNU, Linux, OpenSolaris etc. and we put our money where our mouth is.

  8. Re: And if... by Ed+Avis · · Score: 2, Funny

    Massive Layoffs are usually bad business decisions.
    [citation needed]
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    -- Ed Avis ed@membled.com
  9. Re: And if... by K.+S.+Kyosuke · · Score: 4, Funny

    I usually buy food for money, and then, I put the food where my mouth is. I consider mine a superior approach.

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    Ezekiel 23:20