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AMD will lay off nearly 1,000, or 4% of staff
AMD lays off 4% of its workforce
AMD has confirmed that it’s laying off 4% of its workforce to focus on “large growth opportunities.” It’s unclear how many workers have been impacted by the reduction — and which divisions. AMD had roughly 26,000 employees as of last year, according to the company’s annual 10-K filing. Four percent would translate to approximately 1,000.
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.
AMD Says It’s Laying Off 4 Percent Of Workforce Amid AI Chip Push
AMD confirmed to CRN that it’s laying off roughly 4 percent of its workforce to focus on its ‘largest growth opportunities,’ which includes its effort to challenge Nvidia.
14h
on MSN
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AMD Stock Falls After Earnings: 3 Reasons to Buy the Stock Right Now
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NBC Washington
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AMD to lay off 4% of workforce, or about 1,000 employees
The company has said AI represents one of its largest growth opportunities.
AMD
stock
is down 5% in 2024 while Nvidia ...
1d
AMD: Recent Correction Provides New Opportunity
AMD’s recent earnings result showed strong potential for its Data Center business and its AI chips. Read why AMD stock is a ...
7d
on MSN
Where Will AMD Stock Be in 2025?
However, a closer look at AMD's quarterly report indicates that the sell-off could be overdone. This could be an opportunity ...
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