AMD details job cuts
AMD laid off 600 people in the fourth quarter of 2008, rather than the 500 it expected to let go. Severance payments and other benefits will cost the chip maker $34m, $13m will be spent on ending contracts and programs, $17m has been written off the value of its assets and $6m will be spent on closing factories and offices. In …
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Posted Friday 2nd January 2009 15:58 GMT
Bince #
This should NOT come as a suprise to anyone!!! I'm surprised AMD hasn't gone out of business yet. Seems like it's all been done by design; as in the upper eschelon of AMD managment. GO INTEL!
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