AMD has brought in some new blood recently. Rory Read took over as CEO in August, and Mark Papermaster recently joined in as Chief Technology Officer. The company may now be preparing itself for a subsequent bloodletting—according to SemiAccurate, the chipmaker is planning some executive layoffs.
The site says these layoffs will take place "in the next two weeks or so." While it doesn't cite an official source, it says "SemiAccurate moles" confirmed the rumor after spending several days in Silicon Valley. There's no word yet on who will be getting the axe, nor how extensive the layoffs will be.
AMD enacted repeated mass firings a few years back, when it was hemorrhaging money—once in April 2008, another in November of that same year, and again in January 2009. The company has been profitable for some time now, though; its third-quarter financial results showed growth in both revenue and net income. Perhaps the rumored layoffs have to do with the underwhelming Bulldozer launch.
|1. Ryszard - $603||2. Hdfisise - $600||3. Andrew Lauritzen - $502|
|4. the - $306||5. SomeOtherGeek - $300||6. Ryu Connor - $250|
|7. chasp_0 - $151||8. Anonymous Gerbil - $150||9. dashbarron - $150|
|10. webkido13 - $135|
|The TR Podcast 186: Talking Skylake architecture with David Kanter||15|
|So long, RC4, and thanks for all the fish||19|
|Refreshed Razer Diamondback mouse is ready to strike again||15|
|It's a Labor Day Deals of the Week extravaganza||29|
|SOMA serves up psychological scares deep beneath the waves||14|
|WB Interactive unmasks the latest Batman: Arkham Knight patch||11|
|Acer Revo Build stacks up for a different PC building experience||14|
|Chrome 45 eats less, runs faster, saves energy||28|
|We are live on Twitch talking Skylake with David Kanter||4|