AMD will decrease its payout and personal again

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POSTER: computer news   ||   AMD WILL DECREASE ITS PAYOUT AND PERSONAL AGAIN	DATE:2009-01-17
AMD representatives reported yesterday that the company plans to reduce expenses in each of the next months. After the department of German factories to the composition Of foundry company , AMD  will be reduced by about 9%, which corresponds to approximately 900 men.  Let us note that these are the largest cadre losses - only in 2008 the company was deprived from more than 2000 colleagues. The AMD leaders Hector Ruiz and Dirk Meyer will obtain up to 20% less, Vice President concentrated on the North American continent will lose in up to 15% (income). Colleagues hourly paid will lose 5% of labor reward . Furthermore, AMD will stop financing the program of additional pension guarantee for colleagues, who live in USA and Canada. AMD colleagues beyond the limits OF USA and Canada can agree to voluntary reduction in their payout . On the following week AMD will report about the activity results in the fourth quarter 2008. The company management hopes that expenses measures will allow AMD to more easily survive difficult times. Related Products :

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