AMD Cutting 500 Jobs

[Violator]

http://uk.reuters.com/article/2015/10/01/us-amd-redundancies-idUKKCN0RV5NN20151001

Struggling chipmaker Advanced Micro Devices Inc said it would cut about 500 jobs, or 5 percent of its global workforce, as it looks to rein in costs amid weak demand for its chips used in personal computers and intense competition.

Can't be good.

 

[KazeoHin]

AMD has 500 employees!?

 

[HeavensCloud]

10,000 apparently.

 

[VonGriffin]

Roy among them?

 

[5150Joker]

They're cutting white collar jobs, I wonder if that means engineers or marketing? Hopefully not the engineers because they need them more than ever. That said, AMD is definitely on a death spiral, I hope someone with deep pockets comes along and takes it over so it can be competitive again.

 

[KickAssCop]

Is their stupid CEO among them?

 

[DPI]

In an act of sympathetic solidarity, Jen-Hsun has announced he's cutting back from 5 tanning beds to 4.

 

[HardUp4HardWare]

Roy among them?

Oh wouldn't that be something.

Could backfire though, he might end up somewhere I dislike even more.

 

[Pieter3dnow]

This might be a part of the deal with silverlake ...

 

[Stoly]

This might be a part of the deal with silverlake ...

That one already fell down