AMD is preparing to cut five percent of staff

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POSTER: computer news   ||   AMD IS PREPARING TO CUT FIVE PERCENT OF STAFF	DATE:2015-10-02
AMD has already notified the relevant authorities in the intention to cut 500 employees worldwide, which roughly corresponds to five percent of the total staff of the company.  The costs of these activities will amount to $ 42 million., On compensation of this amount will be spent about $ 31 million. At the end of 2016 the efforts to restructure the company should allow AMD to save $ 58 million. In the third quarter savings of $ 2 million., In the current quarter it will reach $ 7 million. Within the framework of the relevant measures on the side will be given to the development of some software.  In addition, AMD consolidates certain assets related to real estate.  Recent activity will be reflected in the budget in the form of costs in the amount of $ 1 million. The manipulation of software licenses will require expenditures of $ 9 million. We add that recently left the company leader in the development of processors with the architecture  Zen Jim Keller , although AMD representatives were quick to assure that the timing of corresponding generation   products will be in time.   Related Products :

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