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Major Layoffs Hit AMD
AMD announces major layoffs as AI becomes main focus
Chipmaking giant AMD is laying off 1,000 of its 26,000 workers The company wants to focus on artificial intelligence and data centers Data center revenue accounted for 51% of AMD’s entire revenue last quarter AMD has confirmed it will be laying off around 1,
AMD Hit With Layoffs
AMD, the maker of graphics cards for PC as well as Xbox and PlayStation chips, announces that it's laying off some of its employees.
AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up
AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.
1d
on MSN
Bay Area tech company Chegg lays off hundreds more, CEO blames Google and AI
Chegg, Bay Area online education company once worth $12 billion, is laying off hundreds of workers in a second cut this year.
KNX News Radio Los Angeles on MSN
1d
Man claims wage dispute led to layoff from AI company in Marina del Rey
A Marina del Rey artificial intelligence company is being sued by a former employee who alleges he was wrongfully terminated ...
Yahoo
13h
AMD is firing 4% of its global workforce as it realigns in likely pursuit of all those AI dollars
The company said the
layoffs
were due to "aligning our resources with our largest growth opportunities." Taken at face ...
23h
Chegg layoffs: Company to cut over 300 jobs, CEO blames AI
Santa Clara-based education tech company announced plans to slash its workforce by 21% this week and the CEO put part of the ...
10h
Eduardo Medina on Scaling With Purpose, Building a Resilient Culture, and Preparing for an AI Future
Eduardo Medina shares his strategies for leading BetterUp through rapid growth, why he ditched recurring meetings, and how he ...
9h
on MSN
2.73 million new tech jobs to emerge in India by 2028, thanks to AI: 5 essential skills to amplify your chances of being head hunted
A recent ServiceNow report highlights a promising future for tech professionals despite widespread layoffs in the industry.
5d
on MSN
Nvidia CEO says there's 'no question' that we'll all be working alongside AI employees
Nvidia CEO Jensen Huang said there will be AI employees of all kinds in the future, and companies will rent them out to ...
Hosted on MSN
3d
Tech Stock Roundup: Alibaba Drops On Layoffs News; Arm And Qualcomm Rise
Yuanjing, its metaverse unit, will undergo
layoffs
as the company pivots towards
AI
development. Alibaba’s decision to ...
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