Thursday, November 3rd 2011
AMD In for Total Restructuring, Executive Layoffs at Hand
In a move that could "ruin a lot of people's Christmas," as TechEye puts it, it is learned that AMD is headed for executive layoffs. The company's new CEO, Rory Read apparently sees value in a leaner, more efficient organization. This, despite rather positive third quarter results, where AMD bagged $1.69 billion in revenue and $97 million in profit. The CEO is eying total restructuring, according to sources. As expected, AMD refused to comment.
Source:
TechEye.net
69 Comments on AMD In for Total Restructuring, Executive Layoffs at Hand
still, you make a very important point - and i do agree with the sentiment :)
Time will tell I guess, but the first cuts I would have made would be cutting anybody in charge of the Bulldozer mess. Why cut the only people that are successfully doing their job?
I forsee bad. Times for gfx cards as focus is shift to apus:shadedshu
Such is the future.......
Even now if i click the source that btarunr link in this thread (post#1) i still get the exact same page that i was before (same pic i posted) see no update on this page or the source link :confused:
I know it is not a rumor anymore but btarunr should change in link source so something more official/update...
About my MS paint skill... i've got none , i am using a mouse to circle the words that's all , not easy when using a mouse...
Heres is a funny joke for you.
Put HD 3000 graphics on the overclocking chips, and HD 2000 grpahics on the ones most people will actually buy (at not much less cost in price)
This company needs no introduction, 1st in sales, last in your hearts.... Intel!!
so we are running 32nm pentium 3s now with 4 cores and hyperthreading that took 10 years to fix. they tried (and failed) to make a viable IGP, so integrated it on CPU die, and neutered it for the common man, and beefed it up for the enthusiast users, that neither wants nor needs the power consumption or wasted die space on a video chip that is capable of playing angry birds.
Sorry, Intel is far from intelligent. Like all megacorps they got where they are buy being underhanded and sneaky and evil. now that they rule the roost, they control the market and whether they have the superior product or not, they have so much of the market, it will appear that way.
I am not a big corp hater, but I do understand you do not become number one by being a nice guy with a better product. You get there by being devious and underhanded no matter if your product is better or worse. Because we as consumers are stupid.
Mmmm...lets see...
I see bta's story. "Whoa! that looks heavy, think I'll try to find out a bit more"
...quick Google, lo and behold- "rumour" is now fact from multiple sources including the company itself and multiple independant articles including Rory Read's announcement- in fact, at this point just Googling "AMD" gives the same story from the company viewpoint, the various tech sites, and the financial sector.
Now I have a more complete knowledge of the story.
A little later I head back to TPU and comment (and link) that Icrontic have named several high-level execs included in the sackings in response to a member who was unaware of such.
>>>>>>>>>>>
Some time after this you obviously read bta's story. You're so interested in it's content you don't bother to check any further, nor read the comments following the story (doing either would have obviously shown the story to be true)...instead launch a little tirade about what amounted to semantic bullshit at that point.
So...that's WTF I'm talking about
Intel may be all of those things...but then again so are AMD - remember the Randy "40%" Allen?, Barcelona's non-existant 2.7GHz part?, Bulldozers lengthy and protacted spurious performance slides and Mr Fruehe's product placement posting?
In addition to Intel being underhanded, sneaky and evil, Intel have also consistantly delivered CPU product for the last five years. They have consistently met their CPU/chipset launch dates (within reason). They consistantly meet the performance parameters they claim prior to product launch. And they allow sites to independently preview the product before launch...and AMD have done....what?
Rail against Intel...fine, but AMD aren't exactly a world apart here. Planning on building a VIA based system?
simply put- money enables many things
Some thoughts from AT ^