AMD is laying off over 1,000 staff, as gaming GPU revenue plummets
The workforce is being cut by 4%, after poor sales from its gaming division, which makes AMD Radeon graphics cards, plus PS5 ...
The Tech Report15h
AMD Announces Mass Layoffs Following Unsatisfactory Performance In Q3
Popular chipmaker AMD has announced a round of mass layoffs that is expected to affect roughly 1,000 employees, which is ...
Fudzilla1d
AMD confirms layoffs and lowered Q4 outlook
The layoffs and reduced outlook come amid increasing competition, particularly from Chipzilla which is also facing ...
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 26,000 ...
Sweeping layoff by Nvidia rival AMD includes dozens at Bay Area headquarters
Advanced Micro Devices, a massive Santa Clara tech company that designs incredibly complex computer chips, is laying off 4% of its staff. The sweeping cut includes at least 129 California workers. AMD ...
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, ...
EconoTimes1d
AMD Cuts 1,000 Jobs Amid Declining Gaming Sales and Lower-than-Expected Revenue Outlook for Q4
AMDs global workforce sees a 4% reduction after the companys Q3 results fell short of expectations, driven by a dramatic 69% ...
TechNewsWorld3d
AMD Is Making Great Strides in AI, May End Up Merging With Intel
AMD has made significant strides in AI. Last week, it announced that its first 1-billion parameter large language models are ...