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Chipmaker AMD Suffers Big Losses, Announces Big Layoffs

Chipmaker AMD Suffers Big Losses, Announces Big Layoffs

PC chipmaker Advanced Micro Devices said on Thursday it will cut its workforce of nearly 12,000 by 15 percent, its second round of layoffs in less than a year, as it struggles with a weak global economy and a consumer shift toward tablets. The chipmaker forecast a drop in fourth-quarter revenue that is ...

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AMD Cutting 1,400 Workers As PC Industry Stumbles

AMD Cutting 1,400 Workers As PC Industry Stumbles

SAN FRANCISCO (AP) -- Advanced Micro Devices says it is cutting some 1,400 workers as a weak computer market and manufacturing delays have hurt the world's second-biggest maker of microprocessors for PCs. ...

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