Advanced Micro Devices to lay off roughly 1,000 workers, 4% of global workforce
Advanced Micro Devices said Wednesday roughly 4% of approximately 26,000 employees worldwide will be laid off. About 1,000 AMD workers will lose their jobs.
Advanced Micro Devices to Cut Global Headcount by 4%
The layoffs would affect about 1,040 employees and are part of a shift in AMD’s broader business strategy.
Is Advanced Micro Devices Inc. (AMD) a Good Stock to Buy Now According to Redditors?
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Advanced Micro Devices, Inc.: AMD Reports Third Quarter 2024 Financial Results
AMD (NASDAQ:AMD) today announced revenue for the third quarter of 2024 of $6.8 billion, gross margin of 50%, operating income of $724 million, net
AMD lays off 4 percent of its global workforce
AMD has confirmed it’s laying off roughly four percent of its global workforce, according to reports by TechCrunch and others. It’s not entirely clear how many people will be impacted by this move, or which divisions the laid off employees will be pulled from.
AMD is laying off 4 percent of its global workforce as it sharpens focus on AI
AMD on Wednesday said that it would reduce its global workforce by 4% in a bid to focus on its main future growth opportunities. As a result of the decision, the company will have to lay off around 1,
Jefferies Highlights Advanced Micro Devices, Inc. (AMD)’s Growing AI Momentum, Raises 2024 AI Revenue Guidance to $5 Billion
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Insiders At Advanced Micro Devices Sold US$7.5m In Stock, Alluding To Potential Weakness
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Advanced Micro Devices (AMD) Is Up 3.99% in One Week: What You Should Know
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Advanced Micro Devices Inc
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Advanced Micro Devices Inc. (AMD): Ken Fisher’s Top AI Stock Pick for Explosive Growth
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AMD and Intel Recently Reported Earnings -- but There Was Only 1 Clear Winner
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