Sad: Every Third AMD Employee Could Be Laid Off

October 13, 2012 2:57 am

We spotted this rather disturbing stat on AMD’s plans to lay off employees (Source) – the company is looking at a 30 percent lay-off target. The direction of everything has been downhill at the company in the recent past, and this is just a reaction to the whole thing, and come as no surprise to people who have been following the firm for a while.

The company had a profit of just 37 million dollars this last quarter.

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