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AMD has reportedly confirmed plans to lay off fully 4% of its global workforce. A 2023 estimate put AMD’s workforce at 26,000, so the firings look set to impact around 1,000 AMD employees.
It’s not clear exactly what precipitated the move by AMD. According to WCCFTech, posts on AMD-themed message boards including Team Blind began to emerge, reporting job losses from several teams.
AMD was approached about the reports and confirmed that 4% of the global workforce was being let go. The company said the layoffs were due to “aligning our resources with our largest growth opportunities.”
Taken at face value, the largest and most obvious “opportunity” for AMD is AI. So, the implication is that AMD is likely realigning resources for a more concerted assault on Nvidia’s dominance in the…more
Source www.pcgamer.com
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