PCMag on MSN1d
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 ...
AMD announces major layoffs as AI becomes main focus
AMD had doubled its headcount in recent years to tackle the surge in demand for high-performance processors used in AI data ...
Game Rant11h
AMD Hit With Layoffs
AMD, the maker of graphics cards for PC as well as Xbox and PlayStation chips, announces that it's laying off some of its ...
Network World18h
AMD to cut 4% of workforce to prioritize AI chip expansion and rival Nvidia
Advanced Micro Devices (AMD) is laying off 4% of its global workforce, around 1,000 employees, as it pivots resources to ...
Yahoo22h
AMD is firing 4% of its global workforce as it realigns in likely pursuit of all those AI dollars
The company said the layoffs were due to "aligning our resources with our largest growth opportunities." Taken at face value, ...
After Intel, AMD now goes for mass layoffs, fire 4% of all global employees to focus on AI
AMD’s struggles in the AI space are apparent. Despite shipping an estimated 224,000 GPUs this year, it hasn’t been enough to keep up with demand from major clients like Microsoft and Meta. NVIDIA, ...
abp LIVE11h
AMD Layoffs: Semiconductor Firm Plans To Fire 1,000 Employees; Here's Why
Despite a strong 29 per cent growth in its personal computer segment, AMD’s gaming division has experienced a sharp 69 per cent year-over-year decline ...
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 ...
Digi Times19h
AMD cutting about 4% of workforce to focus resources on AI push
Advanced Micro Devices (AMD) is shedding about a thousand jobs as part of an effort to refocus on newer markets like ...
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 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, ...
The HR Digest15h
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.