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The new stage of AMD layoffs is scheduled for January
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POSTER: computer news || THE NEW STAGE OF AMD LAYOFFS IS SCHEDULED FOR JANUARY |
DATE:2012-11-19 |
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AMD admitted plans to cut up to the end of the year 15% of the staff in all areas and in all regions where the company operates. These measures will save $ 20 million in the current quarter and $ 190 million for the whole year. Note that AMD is preparing to move to a new operating model that will go on break-even for the quarter on revenue of $ 1.3 billion, respectively, to achieve this goal it is necessary to cut costs, and payroll is one of the possible articles savings. In January, AMD can lead the next stage of staff cuts, although scale clean-up this time will not be as deep as in the current quarter. | ||
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THE NEW STAGE OF AMD LAYOFFS IS SCHEDULED FOR JANUARY |
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