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AMD Cuts 5% Of Its Workforce

Posted: Fri Mar 21, 2008 10:11 am
by Istik
http://www.tomshardware.com/2008/03/20/ ... workforce/

Business news from AMD rarely have been good news from AMD lately. We remember bad news cbeginning to come in just about when Intel pushed its Core 2 Duo into the market in Q3 of 2006 and there is no end in sight yet: With the first quarter winding down, TG Daily learned that AMD is reducing its workforce by another 5%.


Also..

AMD Is Filling Up The C-Level Ranks, Hires New CIO And CMO

http://www.tomshardware.com/2008/03/20/ ... o_and_cmo/

AMD has been going through a rough period for quite some
time now and in our previous story, but the company has hired two new executives to turn things around


Does that mean that the two new execs earn as much as the 16,000 people that got fired?

It would be very bad if AMD/ATI failed. Intel and Nvidia would again have the monopoly and I'd have to buy a crappy nvidia card.