Nvidia, AMD

Sweeping layoff by Nvidia rival AMD includes dozens at Bay Area headquarters
Advanced Micro Devices, a massive Santa Clara tech company that designs incredibly complex computer chips, is laying off 4% of its staff. The sweeping cut includes at least 129 California workers. AMD finished 2023 with about 26,
Nvidia-Rival AMD to Layoff 1000 Employees, Slashes Global Workforce by 4%
AMD has announced the move at the time when it is facing stiff competition from its closest rival, Nvidia, in the AI chip market
AMD to cut 4% of workforce to prioritize AI chip expansion and rival Nvidia
Advanced Micro Devices (AMD) is laying off 4% of its global workforce, around 1,000 employees, as it pivots resources to developing AI-focused chips. This marks a strategic shift by AMD to challenge Nvidia’s lead in the sector.
AMD cuts 1,000 jobs to focus more on AI chips—and narrow Nvidia’s lead
The chipmaker is trying to grow by cutting jobs.
AMD Lays Off 1,000 Employees as It Shifts Focus to AI Chips Amid Competition with Nvidia
AMD lays off 1,000 employees as it shifts focus to AI chips, aiming to compete with Nvidia in the growing data center market.
AMD cuts 1,000 staff to focus on AI chips in battle with Nvidia
The company’s data centre segment has performed vastly better than its personal computer and gaming units this year.
Chipmaker giant AMD to cut 1,000 jobs as it battles Nvidia
Computer chipmaker AMD is laying off around 1,000 employees, or around 4% of its workforce, becoming the latest Silicon Valley tech giant to slash expenses. The Santa Clara-based company said it is “aligning our resources with our largest growth opportunities.
The Tech Report18h
AMD Announces Mass Layoffs Following Unsatisfactory Performance In Q3
AMD Spokesperson It did not reveal which department will lose the most number of jobs but has promised that all the ...
Chipmaker AMD To Layoff 4% Of Workforce
Chipmaker Advanced Micro Devices (AMD) has announced that it is laying off 4% of its global workforce, or about 1,000 ...
EconoTimes1d
AMD Cuts 1,000 Jobs Amid Declining Gaming Sales and Lower-than-Expected Revenue Outlook for Q4
AMDs global workforce sees a 4% reduction after the companys Q3 results fell short of expectations, driven by a dramatic 69% ...
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AMD to layoff 4pct of employees as it boosts investment in AI chips
AMD is laying off about 1,000 employees, or roughly 4 percent of its global workforce, as it shifts its focus towards AI ...
Techopedia1d
AMD Layoffs Amid Mixed Earnings and Intel Merger Speculation
In response to market challenges and shifting growth priorities, Advanced Micro Devices, Inc. (AMD) has confirmed the ...
Boeing delivers layoff notices to 17,000 workers amid financial struggles
Boeing started issuing layoff notices Wednesday to 17,000 employees to cut 10% of its workforce in an effort to shore up the ...
Investopedia24d
Furlough vs. Layoff
However, a furlough is meant to be temporary, while a layoff is more likely to be permanent. A furlough can be structured in different ways and have different causes. Here are a few: We often use ...
Layoffs 2024: Nasdaq Listed Freshworks Announces Layoff Of 660 Staff After $400 Million Share Buybacks
Freshworks is reportedly laying off 660 employees globally—about 13 per cent of its workforce. In April 2023, @tam_arund ...