AMD/ATI to cut 2000 jobs?

Posted on Tuesday, Oct 10 2006 @ 11:28 CEST by Thomas De Maesschalck
The Inquirer says we can expect a job cut from AMD just like Intel's recent big job cut, but obviously in a much smaller scale:
If AMD cut 10,500 people, well the halls in Austin and Sunnyvale would be pretty empty, a workforce of 7 would have a lot to do on a per capita basis. In any case, there are strong rumors of cuts in the merged DAAMIT organization, but things are a little hazy. Some are saying around 1000 from each side of the organization, give or take a bit will be gone, but this seems awfully high to us.

There are no specifics on what is going, but there are some obvious redundancies, especially on the non-technical side of things.
An announcement of this job cut is expected in mid-November.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

Loading Comments