Saturday, October 13, 2012

A source said, AMD's internal


SAN FRANCISCO, Oct. 13 morning news, according to sources, AMD early next week to announce a major layoff plans. AMD has just a few days ago issued a sales and profit warning, on a quarter will be far less than Wall Street analysts expected.
anonymous sources North Face Windstopper Sale, AMD will be announced in the next week, the company staff reductions of 20% to 30%. AMD currently employs a total of 1.17 million people, which means that the number of layoffs will be 2,300 to 3,500.
sources said, impact the layoffs activities will be engaged in the business of engineering and sales staff. In several layoffs Round, the employees of these departments have been unaffected. In addition, sources familiar with AMD business operations, said the scale of the layoffs activities meant that the company may be forced to lay off some products.
sources said and AMD may EST GMT, October 18 (October 19) announced quarterly earnings report disclosed the layoffs measures also likely to be announced on October 25. A source revealed that UGG Roxy Tall Boots, the layoff measures may have to be completed before the 25th UGGs Mayfaire Sale, the entire layoff program for 10 days Northface Women's Down Jackets Sale.
news that AMD CEO Luo Ruide (Rory Read) from McKinsey and BCG introduced a team of business consultants to provide recommendations for the company. Allegedly, McKinsey will be responsible for the to help AMD treatment layoffs related matters, BCG will be responsible for the provision of consultancy services for a
A source said, AMD's internal atmosphere gloomy terrible company employees over a period of time, have been waiting for a new round of layoffs. The sources said, the scale of the layoffs activities may be closer to 10% to 20%, that is, 1170 to 2300.
AMD spokesman declined to comment on the matter UGGs Jimmy Choo Mandah Sale. If this is true, then the major layoffs since served as CEO since Luorui De AMD second. 11 months ago, AMD announced the layoff of 10%, equivalent to approximately 1400 employees. AMD claims must be resorted to layoffs measures to cut $ 10 million in the fourth quarter of 2011, operating expenses, and the further reduction of $ 118 million of operating expenses in 2012.
AMD is facing with a huge loss of the plight of the executives, former CFO Thomas Pacific Coast Feather (Thomas Seifert) left in the last month, the latest departure of a senior executive of the company. According to the informal count of the people in the industry, Pacific Coast Feather 26 departing executives since Luorui De appointed AMD CEO. (Tang Style)
Share to: (function () {var user = sinaSSOManager.getSinaCookie (); if (user) {document North Face Men's 3 In 1 Jackets.write ('> Related reports: AMD earnings warning analysts said PC ecosystem AMD is expected to gradually decline microcosm of third quarter results fell short of the expected after-hours the stock fell 7% AMD third quarter preliminary earnings: revenue is expected to decline qoq about 10%> guess you like

No comments:

Post a Comment