AMD staff cuts to hit Australia

Local workforce won't be immune to the nine per cent global staff cuts

Some of AMD's Australian staff will be axed

Some of AMD's Australian staff will be axed

AMD will cut a number of Australian staff as part of the company's global workforce slash.

Media reports from the US said the company would reduce its numbers by nine per cent across the globe, translating into about 900 staff. The beleaguered chip manufacturer will also slash the salaries of upper management.

In a statement, AMD’s local country manager, Caleb Leung, said the reductions would also apply to the Australian business and will occur over the first quarter of the calendar year, but declined to specify how many staff would lose their jobs.

“These actions, while difficult, will allow AMD to better navigate the economic conditions while protecting our core capability to execute our technology roadmaps and position AMD for long-term success,” the statement said.

Further details will be unveiled during AMD’s Q4 2008 earnings conference scheduled for January 22.

AMD struggled through 2008 and laid off 500 staff in November. However, its headcount has been slashed by more than 2000 in the past 12 months. The company also spun off its manufacturing operations last October. The vendor's last profitable quarter was Q3, 2006.

Join the newsletter!

Or
Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags AMD

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.
Show Comments

Essentials

Mobile

Sansai 6-Outlet Power Board + 4-Port USB Charging Station

Learn more >

Victorinox Werks Professional Executive 17 Laptop Case

Learn more >

Exec

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?