web analytics

In Light of a Mixed Q3 Report, AMD Announces Job Cuts

This post was originally published on this site

After Intel’s big move to restructure its workforce, AMD has announced job cuts at its organization as well. The AMD layoffs will see the workforce sliced by 4%, a move that should help the company focus its resources on “its largest growth opportuniti

e

s.”  After the company revealed its Q3 earnings report last month, its share fell by 13%. While its stock price is still 3.9% higher than where it was when the year began, AMD’s performance is still not stable enough for its, and its investors, liking. Reports suggest that AMD’s restructuring efforts are linked to future AI acquisitions but

Read Full Story

See also  Dismissed for taking leave to take care of injured spouse?
,

Get the Latest HR Headlines

* indicates required

HR NEWS MARKETPLACE


»Convert More Candidates with Dalia


»Hire Quality Talent Faster with FastTalent


»Diversity and Inclusion Job Board


»RecTech PR Newswire


»Job Board Directory


»Recruiting Newsletters


»HR Tech News


»HR Freelancers


»Jobs with Relocation Assistance


»Diversity Hiring News


»Recruiter Ebooks