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In Light of a Mixed Q3 Report, AMD Announces Job Cuts

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After Intel’s big move to restructure its workforce, AMD has announced job cuts at its organization as well. The AMD layoffs will see the workforce sliced by 4%, a move that should help the company focus its resources on “its largest growth opportuniti

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s.”  After the company revealed its Q3 earnings report last month, its share fell by 13%. While its stock price is still 3.9% higher than where it was when the year began, AMD’s performance is still not stable enough for its, and its investors, liking. Reports suggest that AMD’s restructuring efforts are linked to future AI acquisitions but

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