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AMD to Slash 10% of Jobs in '08

Chip maker was hurt by defective product, slumping sales

By Zach Samalin, Newser Staff

Posted Apr 8, 2008 12:02 AM CDT

(Newser) – Advanced Micro Devices will shed 10% of its workforce this year and predicts a 15% first-quarter revenue drop, down to $1.5 billion, the Wall Street Journal reports. Slumping desktop sales and the company's line of defective chips and have hurt AMD, which will lay... Read full story »

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AMD to Slash 10% of Jobs in '08

Chip maker was hurt by defective product, slumping sales

Intel • job cuts • AMD • microchip • processor • computer hardware • first quarter earnings

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