Published in News
AMD to axe jobs in Q1
Industry sources are confident that AMD is geting ready to axe a lot of jobs in Q1 2010. AMD already cut a lot of jobs in European operations in late 2008 and 2009 and it looks like the same strategy will continue in 2010.
We don't know any numbers, but AMD is preparing for a tough 2010, as when it comes to the CPU side, AMD falls behind Intel by a big margin and it will be next to impossible for AMD to make money in 2010.
Good times might start only in 2011, probably toward the end of it, as AMD should be ready to reveal its next generation CPU architecture codenamed Bulldozer. We hope that AMD won't lose too many good people, and the job cut will also affect US operations.