AMD to cut 100s of jobs

Posted on Tuesday, June 12 2007 @ 4:06 CEST by Thomas De Maesschalck

According to FUD Zilla AMD is going to lay off a lot of its work force.

The company already cut on the managers and now they might cut the engineering force.

It's said that a few hundred jobs will be cut at the Toronto office. The reason for the lay offs is pretty obvious, AMD is in serious debt and needs to reduce its spending if it wants to survive.

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

Share this story!