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Trouble at AMD

I

imported_Com80787

Member
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."
 
Originally posted by: Com80787
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."
Click to expand...

You sir are what we call an idiot.

With two marketing groups, two sales groups did you honestly think that they would keep them?

Intel axed much more then what AMD just did.
 
Where'd you read that? 2.6% is what I read.

AMD just bought ATI. You *know* there's lots of duplicate positions -- HR, administrative, middle management.

If it's the right 400 people being let go this is great news. It's not necessarily the start of an implosion spiral.

I've been at companies post-merger, and there's absolutely plenty of fat to cut in those situations. I've also been in situations where to make short term look better customer support, QA and & engineering was the source of bloodletting. The first improved morale and efficiency, the second was the beginning of the end.
 
Yeah, this is the beginning of the shitstorm.

AMD executives are going to continue to takeover ATI operations as if they have the first clue of what it takes to make and compete with GPU's. They need to focus on CPU's and get their ass out of the fire, and let the GPU pro's continue with what they know best. But like all corporations politics and power struggles will emerge and it won't be beneficial. This R600 launch and next generation card will be from the impact of restructuring. Sit back and watch the car wreck happen.

We need AMD to continue to grow, they cannot survive much more of this trend 1/3 of their savings is gone in 1 quarter. The last thing they needed to do was take on more with ATI, when they can't get their own house in order and compete with Intel.
It's not something to take lightly.
 
Originally posted by: apoppin
if you notice most of the jobs cuts were in *redundant* marketing

necessary
Click to expand...

Hmm...

Lack of emoticons and emphasis...

Something wrong apoppin?
 
Originally posted by: Kromis
Originally posted by: apoppin
if you notice most of the jobs cuts were in *redundant* marketing

necessary
Click to expand...

Hmm...

Lack of emoticons and emphasis...

Something wrong apoppin?
Click to expand...

He still has a seperate line for every word or two. Still a joy to read as always. 😉
 
😎
Originally posted by: Com80787
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."
Click to expand...


I got better way for AMD: Fire all workers and hire MEXICANS, they will cost them less,
that's hapening here in USA with all jobs .....and bussinesses SAVED lot of money, my boss too....😛, he fired one citizen worker and hired with same money 5 MEXO's😎
since this noone knows what the FU*k is going on at job......but my boss bought PLASMA for home in a couple days............from savings.........
And MEXICANS are VERY happy, almost all MEXICO is here in USA and we are going to give them CITIZENSHIEP for groving tomatos.....:Q
 
Originally posted by: GEOrifle
I got better way for AMD: Fire all workers and hire MEXICANS, they will cost them less,
that's hapening here in USA with all jobs .....and bussinesses SAVED lot of money, my boss too....😛, he fired one citizen worker and hired with same money 5 MEXO's😎
And MEXICANS are VERY happy, almost all MEXICO is here in USA and we are going to give them CITIZENSHIEP for groving tomatos.....:Q
Click to expand...
LoL. We have a very similar situation in the UK but with the Polish and eastern European's. :disgust:

 
Originally posted by: Zstream
Originally posted by: Com80787
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."
Click to expand...

You sir are what we call an idiot.

With two marketing groups, two sales groups did you honestly think that they would keep them?

Intel axed much more then what AMD just did.
Click to expand...

And what do we call you?
 
Originally posted by: keysplayr2003
Originally posted by: Zstream
Originally posted by: Com80787
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."
Click to expand...

You sir are what we call an idiot.

With two marketing groups, two sales groups did you honestly think that they would keep them?

Intel axed much more then what AMD just did.
Click to expand...

And what do we call you?
Click to expand...

Get off your high horse, this is a stupid post made by the OP. Neither he nor you apparently understand.
 
Originally posted by: Zstream
Originally posted by: keysplayr2003
Originally posted by: Zstream
Originally posted by: Com80787
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."
Click to expand...

You sir are what we call an idiot.

With two marketing groups, two sales groups did you honestly think that they would keep them?

Intel axed much more then what AMD just did.
Click to expand...

And what do we call you?
Click to expand...

Get off your high horse, this is a stupid post made by the OP. Neither he nor you apparently understand.
Click to expand...

Your opinion is duly noted. Now grow a set of manners.
 
he's right though. just because something happens at a company doesn't mean it has bearing on a product that's already through development and in production. how silly.
 
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