AMD cutting 10 percent of global workforce
July 27th, 2006 was the day that changed AMD’s future for years to come. It was the day that Intel debuted the Core 2 Duo series. But AMD already knew what was coming, hence why October 25th, 2006(initially announced July 24th, 2006) AMD acquired ATI Technologies to pursue Intel. At the time, they were 18-24 months behind Intel’s technology advancements with multi-core processors. Currently, they both sell quad core models but Intel still holds the performance crown by big margins. They’re catching up but slowly. In the mean time they’re suffering because even once AMD enthusiants have switched to Intel processors because they are superior.
To help counter-balance the slowing economy and the lack of sales, the layoff’s will begin mid-April and end Q3 of 2008 which will span throughout all groups and levels across the company’s global operations. God speed AMD.
its a result of us slowdown or some thing else
The US economy is definitely playing a part, but it’s several things attributing to their losses.
[...] announcement comes at a crucial time, shortly thereafter announcing they’re cutting 10% of their workforce. The AMD Opteron’s stole quite a bit of market [...]