The company said in a statement on Wednesday that this decision is part of its strategy to align resources with the company’s largest growth opportunities, which will unfortunately result in a reduction of its global workforce by approximately 4%.the job cuts mainly affect sales and marketing roles, especially in the areas of consumer PCs and gaming PCs.
The cuts at AMD are part of a wider trend in Silicon Valley, where several major companies are reducing their workforces. Cisco Systems Inc. is cutting over 6,000 jobs, while Intel is reducing around 15% of its workforce, which exceeds 100,000 employees. AMD has been investing heavily in artificial intelligence processors, a market largely led by Nvidia Corp, while also expanding further into data centres and corporate personal computers. Traditionally, the company has focused more on processors for consumer PCs, where it competes with Intel Corp.The company, with main offices in Santa Clara, California, and Austin, is continuing to hire across other areas. The layoffs were first reported by CRN.
Samsung Singapore employees receive retrenchment notices as part of job cuts by the thousands in SEA, Australia, and New ZealandHarris concedes, Trump triumphs: A new era of uncertainty begins as VP vows to keep fightingChinese solar giants flee to untaxed territories, evading U.S. tariffs?Daniil Medvedev proposes that the ATP schedule should be changed
The rise of “throning” — The latest online dating trend in favour of boosting social status over genuine affection and meaningful connection30yo man earning five figures a month stumped after his date criticized him for living a thrifty lifestyle and for not owning a car“Squid Game 2” features Lee Jung Jae, Im Siwan, Kang Ha Neul, Park Gyu Young, and others fighting for their livesOn Nov 20, Jin of BTS will perform solo for the first time on Jimmy Fallon’s The Tonight...
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Источник: IndependentSG - 🏆 2. / 72 Прочитайте больше »
Источник: IndependentSG - 🏆 9. / 63 Прочитайте больше »
Источник: IndependentSG - 🏆 2. / 72 Прочитайте больше »