Posted on Wednesday, December 17 2008 @ 15:06 CET by Thomas De Maesschalck
Hexus
claims AMD has fired 100 of its roughly 250 employees at AMD EMEA (Europe/Middle East/Africa) division.
We understand that around 100 of the roughly 250 people that still remained at AMD EMEA have been made redundant, with around 20 going from Germany alone two weeks ago and around 15 of the UK operation given the bad news last week, only a week before Christmas...
AMD is hardly the first company to announce some redundancies in current economic climate, but cutting two fifths of your workforce amounts to a lot more than mere ‘streamlining'. It's also worth noting that most external agencies have been kept in place, a priority that's definitely open to question.
The big question is: with such a skeleton staff in place, how can AMD continue to execute and actually make money from its presently competitive product range? To date we can find no-one within AMD, whatsoever, who believes this 'strategy' will work.
