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AMD lays off 4% of its workforce
(techcrunch.com)
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this post was submitted on 14 Nov 2024
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AMD
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Advanced Micro Devices, Inc. (AMD) is an American multinational corporation and fabless semiconductor company that designs, develops and sells computer processors and related technologies for business and consumer markets.
AMD's main products include microprocessors, motherboard chipsets, embedded processors, and graphics processors for servers, workstations, personal computers, and embedded system applications. The company has also expanded into new markets, such as the data center, gaming, and high-performance computing markets. AMD's processors are used in a wide range of computing devices, including personal computers, servers, laptops, and gaming consoles.
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Corporate double speak bullshit. In fact, we are shrinking, but we're going to call it large growth opportunities.