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AMD, Nvidia
Sweeping layoff by Nvidia rival AMD includes dozens at Bay Area headquarters
Advanced Micro Devices, a massive Santa Clara tech company that designs incredibly complex computer chips, is laying off 4% of its staff. The sweeping cut includes at least 129 California workers. AMD finished 2023 with about 26,
Nvidia-Rival AMD to Layoff 1000 Employees, Slashes Global Workforce by 4%
AMD has announced the move at the time when it is facing stiff competition from its closest rival, Nvidia, in the AI chip market
AMD to cut 4% of global workforce as it focuses on AI chip development
Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards developing AI chips in a bid to compete against industry bellwether Nvidia .
The Tech Report
2d
AMD Announces Mass Layoffs Following Unsatisfactory Performance In Q3
AMD
Spokesperson It did not reveal which department will lose the most number of jobs but has promised that all the ...
CRN
3d
AMD Says It’s Laying Off 4 Percent Of Workforce Amid AI Chip Push
AMD confirmed to CRN that it’s laying off roughly 4 percent of its workforce to focus on its ‘largest growth opportunities,’ ...
abp LIVE on MSN
2d
AMD Layoffs: Semiconductor Firm Plans To Fire 1,000 Employees; Here's Why
Despite a strong 29 per cent growth in its personal computer segment, AMD’s gaming division has experienced a sharp 69 per ...
Hosted on MSN
2d
AMD to layoff 4pct of employees as it boosts investment in AI chips
AMD
is laying off about 1,000 employees, or roughly 4 percent of its global workforce, as it shifts its focus towards AI ...
East Bay Times
1d
Tech companies chop 400-plus more Bay Area jobs as layoffs widen
AMD
, Xilinx, AppLovin, Equinix, Coursera and EringKlinger are among the most recent tech companies to disclose plans to ...
2d
AMD to cut about 1,000 jobs, 4% of staff, so it can double down on AI opportunity
AMD’s struggles to overhaul Nvidia are evident in the price of its shares. While its stock is down 5% in the year to date, ...
3d
AMD lays off 4% of its workforce
AMD has confirmed that it’s laying off 4% of its workforce to focus on “large growth opportunities.” It’s unclear how many ...
EconoTimes
3d
AMD Cuts 1,000 Jobs Amid Declining Gaming Sales and Lower-than-Expected Revenue Outlook for Q4
AMDs global workforce sees a 4% reduction after the companys Q3 results fell short of expectations, driven by a dramatic 69% ...
4d
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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