DV Hardware bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
 
DarkVision Hardware - Daily tech news
December 10, 2016 
Main Menu
Home
Info
News archives
Articles
Howto
Reviews
 

Who's Online
There are currently 64 people online.

 

Latest Reviews
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller
ZOWIE G-TF Rough mousepad
ROCCAT Isku FX gaming keyboard
Prolimatech Magnetic Pin
 

Follow us
RSS
 

AMD to take $50 million restructuring charge

Posted on Friday, April 03 2009 @ 19:45:26 CEST by


Chip maker AMD announced yesterday that it will record restructuring costs of about $50 million in the first quarter. AMD said further costs reduction actions will result in unspecified additional charges during the remainder of fiscal 2009 and beyond. The company aims to complete its restructuring plan in Q4 2009.
Of the $50 million, about $23 million is related to severance costs and expenses for continuing some employee benefits, the company said. Roughly $13 million is related to contract or program termination costs.

AMD said further cost reduction actions will result in additional charges during the remainder of fiscal 2009 and beyond, which it said it can't estimate at this time, related to facility consolidations or closures.
Source: Business Week


 



 

DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2016 DM Media Group bvba