Workforce reduction comes amid strong data center growth and a shift in focus toward AI.
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.
“As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps that will unfortunately result in reducing our global workforce by approximately 4%,” CRN reported quoting an AMD spokesperson.
“We are committed to treating impacted employees with respect and helping them through this transition,” the spokesperson further added. However, it remains unclear which departments will experience the majority of the layoffs.
Read more on: NetworkWorld.com
