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Major Layoffs Hit AMD
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.
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 employees.
AMD announces major layoffs as AI becomes main focus
Chipmaking giant AMD is laying off 1,000 of its 26,000 workers The company wants to focus on artificial intelligence and data centers Data center revenue accounted for 51% of AMD’s entire revenue last quarter AMD has confirmed it will be laying off around 1,
1h
on MSN
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 ...
7h
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 Report
12h
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 ...
Fudzilla
23h
AMD confirms layoffs and lowered Q4 outlook
The
layoffs
and reduced outlook come amid increasing competition, particularly from Chipzilla which is also facing ...
Yahoo
16h
AMD is firing 4% of its global workforce as it realigns in likely pursuit of all those AI dollars
AMD
was approached about the reports and confirmed that 4% of the global workforce was being let go. The company said the ...
20h
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, ...
EconoTimes
1d
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% ...
TechNewsWorld
3d
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 ...
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