Sweeping layoff by Nvidia rival AMD includes dozens at Bay Area headquarters
Advanced Micro Devices, or AMD, is laying off 4% of the company in a slash that will hit at least 129 Bay Area workers. The ...
AMD to cut about 1,000 jobs, 4% of staff, so it can double down on AI opportunity
AMD’s struggles to overhaul Nvidia are evident in the price of its shares. While its stock is down 5% in the year to date, ...
AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up
AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.
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AMD confirms layoffs and lowered Q4 outlook
Intel has similar issues, including profitability and market share losses to AMD. Intel has faced its own layoffs and ...
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In Light of a Mixed Q3 Report, AMD Announces Job Cuts
The AMD job cuts will affect 4% of its workforce and help the company finance its push further into the AI chip market.