AMD restructures and layoffs 10% to boost market growth in areas such as cloud computing

Source: Internet
Author: User
Keywords Downsizing restructuring pushing cloud computing

On November 4, AMD announced after the close of the U.S. stock market in Thursday that it would restructure to improve its competitiveness, cut costs and buy more, and cut 10% employees. AMD said in a statement that this will enable our company to save more than 200 million dollars in 2012 years, and promote the company's future growth in the low energy consumption, emerging markets and cloud computing.

AMD said the job cuts should help the company save $10 million trillion in cost savings in the http://www.aliyun.com/zixun/aggregation/30439.html "> fourth quarter, saving $118 million next year." The layoffs are expected to be completed by the end of the first quarter of 2012.

According to a number of foreign media reports, amd the number of layoffs about 1400 people.

(Responsible editor: The good of the Legacy)

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