5 Percent Will Walk The Pinkslip Plank At AMD

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News Posted: Thu, Mar 20 2008 6:40 AM

There is no official report from AMD on the wires, but multiple news outlets are reporting that chipmaker AMD will show 5 percent of its workforce the door.

AMD is slated to begin shipping quad-core Phenom 9850, 9750, 9650, 9550, and 9150 processors in the coming weeks, according to sources close to the company. The "50" branding scheme indicates that the processors are the B3 version of the Phenom that fixes the "TLB" bug. This was first reported in DigiTimes.

Later, AMD will also ship updated triple-core processors, including the 8750 and 8560. Updated triple-core processors will not necessarily be B3 versions, however, according to sources.

Maybe more importantly, AMD is in the midst of handing out pink slips, according to a report in The Inquirer. The report states that AMD is "quietly" cutting about 5 percent of its workforce across the board, not in specific areas. The report also states that AMD may badly miss its numbers this quarter. AMD, when contacted, said that it can't comment on "rumor and speculation."

AMD can't comment on rumor and speculation, but HotHardware can. Hey, we just did.

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Lev_Astov replied on Thu, Mar 20 2008 7:13 AM
Ouch, badly missing their projections? I hope things start to look better for AMD soon.

><((((">Lev Astov

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ice91785 replied on Thu, Mar 20 2008 10:50 AM

Five percent?! That is a lot of employees....I feel for 'em; maybe its not a good time to throw them my resume?

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replied on Thu, Mar 20 2008 11:13 AM
IBM needs to grow a sac. I know they have enjoyed their research and development role lately but they need to step in and save amd before its too late.
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I believe AMD is truly on its last competitive legs.  They won't go out of business, but they will stop being a serious competitor to Intel.  Some claim this has alreay happened, but I mean really stop trying to compete at all.


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replied on Thu, Mar 20 2008 1:22 PM

this was expected...5% is very little in such a big company,but I guess they have funds problems

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well, they only have about 17,000 employees... so 5% is under 900 employees.. that will make a dent :(

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frg1 replied on Thu, Mar 20 2008 2:02 PM

 lets hope shanghi is competive enough

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replied on Fri, Mar 21 2008 7:49 AM

it is already confirmed that no one will leave amd

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