AMD to cut 15% of workforce

— 12:15 PM on November 14, 2002

AMD has put a number on job cuts aimed at bringing the company to profitability. By the second quarter of next year, 2,000 jobs totaling 15 percent of AMD's workforce will be cut. With cuts that deep, it's probably safe to assume that there will be some impact on AMD's ability to bring new processors to market. Already, AMD's roadmap has been updated to show 0.09-micron Hammer processors in 2004. Let's hope these cuts don't push back the initial 0.13-micron Hammer launch any further.

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