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AMD denies claims of severe staff cuts

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Posted March 21, 2008 by admin in Industry

Despite the denial from AMD, there is still the real possibility that AMD could move to reduce its workforce if its Q1 2008 financials look grim. “The point is that the quarter has not closed just yet, so AMD is not likely to make any moves,” said Technology Business Research analyst John Spooner. “After the quarter closes, the company will decide what to announce, if anything, with regard to its headcount.”

On a more positive note, AMD has appointed a new Chief Marketing Officer, Nigel Dessau. For the past two decades, Dessau has been with such companies as IBM and Sun. DailyTech note that he plays a crucial part in lifting AMD’s image.



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