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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 210.05-2.0%3:17 PM EST

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From: eracer10/27/2009 8:19:20 AM
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Fudzilla rumor:

AMD to axe jobs in Q1
A lot


fudzilla.com

Industry sources are confident that AMD is geting ready to axe a lot of jobs in Q1 2010. AMD already cut a lot of jobs in European operations in late 2008 and 2009 and it looks like the same strategy will continue in 2010.

We don't know any numbers, but AMD is preparing for a tough 2010, as when it comes to the CPU side, AMD falls behind Intel by a big margin and it will be next to impossible for AMD to make money in 2010...
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