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Major Layoffs Hit AMD
AMD announces major layoffs as AI becomes main focus
Chipmaking giant AMD is laying off 1,000 of its 26,000 workers The company wants to focus on artificial intelligence and data centers Data center revenue accounted for 51% of AMD’s entire revenue last quarter AMD has confirmed it will be laying off around 1,
Major Layoffs Hit AMD, With Up to 1,000 Employees Potentially Impacted
AMD has seen a 69% decline in its gaming division and hasn't made nearly as many gains in the AI chip sector as rival US chip giant Nvidia.
After Intel, AMD now goes for mass layoffs, fire 4% of all global employees to focus on AI
AMD’s struggles in the AI space are apparent. Despite shipping an estimated 224,000 GPUs this year, it hasn’t been enough to keep up with demand from major clients like Microsoft and Meta. NVIDIA, meanwhile,
Fudzilla
1d
AMD confirms layoffs and lowered Q4 outlook
Intel
has similar issues, including profitability and market share losses to
AMD
.
Intel
has faced its own
layoffs
and ...
The Tech Report
19h
AMD Announces Mass Layoffs Following Unsatisfactory Performance In Q3
The
news
of the
layoffs
first popped up on anonymous message boards ... and Nvidia’s dominance in the chip industry is ...
1d
on MSN
AMD is firing 4% of its global workforce as it realigns in likely pursuit of all those AI dollars
AMD has reportedly confirmed plans to lay off fully 4% of its global workforce. A 2023 estimate put AMD's workforce at 26,000 ...
Techopedia
1d
AMD Layoffs Amid Mixed Earnings and Intel Merger Speculation
In addition to writing…
AMD
confirms
layoffs
, reducing its global workforce by approximately 1,000 employees, or 4%. The ...
12d
Intel Layoffs Continue: 17,000 Jobs Cut and Employee Bonuses at Risk
Intel, one of the world’s leading semiconductor companies, has recently made headlines due to its significant workforce ...
1d
Zoho CEO Sridhar Vembu: Intel lost while Nvidia, AMD are winning, because they took care of ...
Zoho CEO Sridhar Vembu critiqued Intel's decline, attributing it to prioritizing short-term profits over employee well-being.
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