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Major Layoffs Hit AMD
AMD to lay off 4% of workforce, or about 1,000 employees
At the end of last year, AMD had 26,000 employees, according to a U.S. Securities and Exchange Commission filing.
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.
Major Layoffs Hit AMD, With Up to 1,000 Employees Potentially Impacted
AMD has seen a 69% decline in its gaming division and hasn't made nearly as many gains in the AI chip sector as rival US chip giant Nvidia.
11h
AMD to cut 4% of global workforce as it focuses on AI chip development
Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards ...
Yahoo Finance
29m
AMD is firing 4% of its global workforce as it realigns in likely pursuit of all those AI dollars
AMD
has reportedly confirmed plans to lay off fully 4% of its global workforce. A 2023 estimate put
AMD
's workforce at 26 ...
Hosted on MSN
2h
The full list of major US companies slashing staff this year, including Meta, ExxonMobil, and AMD
Story by
[email protected]
(Lakshmi Varanasi,Sarah Jackson,Jordan Hart,Beatrice Nolan,Hannah Getahun,Geoff Weiss,Aaron ...
4h
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, ...
Bloomberg L.P. on MSN
14h
AMD Cutting About 4% of Workforce to Focus Resources on AI Push
Advanced Micro Devices Inc. is shedding about a thousand jobs as part of an effort to refocus on newer markets like ...
Business Insider
14h
AMD vs INTC vs TSM: Will These Chipmakers Rally as High as NVDA?
Advanced Micro Devices (
AMD
), Intel (INTC), and Taiwan Semiconductor Manufacturing (TSM) are major players in the ...
4h
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.
16h
Nvidia Sweeps Benchmarks. AMD Is MIA, Again
Nvidia is still the fastest AI and HPC accelerator across all MLPerf benchmarks; Hopper performance increased by 30% thanks ...
17h
on MSN
Where Will AMD Stock Be in 5 Years?
The chipmaker has delivered solid gains in the past five years, and a closer look at its prospects indicates more possible ...
2d
There’s some great news about AMD’s next-gen Zen 6 CPUs
AMD’s upcoming Zen 6 “Medusa” desktop processors are likely to continue with the current AM5 socket. This information was ...
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