Although AMD has just announced a plan to reduce its workforce by 7 per cent and align its real estate footprint with its reduced headcount, the company has no plans to reduce spending on research and development (R&D). All the cuts will be made in different segments. While it is …
Read More »AMD to cut headcount by another 7% by year end
Advanced Micro Devices late on Thursday said that it will cut its staff by 7 per cent by the end of the year. The decision was made by Lisa Su, chief executive officer of AMD, who was appointed on the position just about a week ago. The company hopes that …
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