- Dec 22, 2005
- 126
- 0
- 0
http://www.dailytech.com/article.aspx?newsid=7241
5% of the workforce is getting axed.
"The announcement comes after AMD Chief Executive Hector Ruiz described AMD's recent performance as "unacceptable." Ruiz said that as many as 800 jobs, the equivalent of 5% of AMD's workforce, would face possible elimination.
"There is no way to sugarcoat our performance in the first quarter," after the company posted a $611 million loss, said Ruiz."
5% of the workforce is getting axed.
"The announcement comes after AMD Chief Executive Hector Ruiz described AMD's recent performance as "unacceptable." Ruiz said that as many as 800 jobs, the equivalent of 5% of AMD's workforce, would face possible elimination.
"There is no way to sugarcoat our performance in the first quarter," after the company posted a $611 million loss, said Ruiz."