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AMD To Lay Off 10% of Global Workforce

Posted by samzenpus on from the end-of-the-line dept.

Luyseyal writes "Advanced Micro Devices Inc. slashed its global employment by 1,400 jobs Thursday as the company seeks to boost profits and re-balance its work force to pursue new product areas. This amounts to over 11% of its global workforce, including Mark Langsdorf, who often posts AMD patches to the Linux Kernel Mailing List."

1 of 224 comments (clear)

  1. Re:Bonus time. by Anonymous Coward · · Score: 1, Informative

    Meh. Show me a large corporation that can't stand to cut the bottom 10% of dead wood, and I'll show you Santa Claus riding a unicorn.