AMD Reduce by 1500 jobs for Next Year

Written by admin on December 22, 2008 – 11:08 am -

The year 2008 has once again been a test of endurance and financial stability for the labor industry. The global financial crisis, set off by millions of unpaid employees that force the Big Computer Manufacturer AMD to reduce its staff in the administrative sector and production, to address the serious economic crisis in place this coming January.

According to DigiTimes, which contains some rumors circulated in the area, from next January AMD could start to cut its jobs. If this item was correct, the reduction would affect about 1,500 employees, 10% of the total labor force in AMD. This decision is the result of a little favor, with a general collapse in demand for computers, economic stagnation and financial crisis worldwide.

The posts affected by this wave of redundancies would be mainly linked to the production branch of Sunnyvale and administrative staff to a lesser extent. The planned redundancies as it would add to 1650 employees last April and 500 in November. AMD has not issued official statements on the subject, but confirms that its turnover has fallen by 25% in the fourth quarter of 2008 compared to the previous quarter, a bad result mainly influenced by the crisis eCom and demand reduction in professional and consumer.


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