AMD's layoffs: trimming resources or deeper cuts?

Amanda Liang, DIGITIMES, Taipei Tuesday 19 November 2024 0

Credit: DIGITIMES

Despite recording over US$1 billion in profits during the third quarter of 2023 and thriving in the AI market with double-digit growth, AMD recently announced a 4% workforce reduction, affecting approximately 1,000 of its 26,000 employees. The company...

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