Print 22 comment(s) - last by crystal clear.. on Mar 21 at 11:01 AM

AMD denies jobs cuts and steals a new CMO from Sun Microsystems

Earlier today, reports began spreading around the Internet that AMD was handing out pink slips to roughly 800 jobs. Various sites quoted sources, but declined to give much information other than the 5% figure.

A reduction in workforce wouldn't seem too out of character for AMD which experienced a rough year following its acquisition of ATI Technologies. AMD reported revenue of $1.77B and a $1.722B loss during Q4 2007. The company also experienced an operating loss of $1.678B. For the entire year, AMD brought in revenue of $6.012B, but suffered a net loss of $3.379B.

Despite the grim financials and new reports of job cuts, an AMD spokesman this afternoon denied that the Sunnyvale, California-based company made cuts to its workforce of 16,000 employees.

DailyTech contacted AMD for comment.  Shortly after the company replied, "We did not have a workforce reduction."

Despite the denial from AMD, there is still the real possibility that AMD could move to reduce its workforce if its Q1 2008 financials look grim. "The point is that the quarter has not closed just yet, so AMD is not likely to make any moves," said Technology Business Research analyst John Spooner. "After the quarter closes, the company will decide what to announce, if anything, with regard to its headcount."

Instead, the company today announced that Nigel Dessau will take over as chief marketing officer (CMO). Dessau spent the past two decades with companies like IBM and Sun and is expected to help lift up AMD's image around the world.

"Nigel’s customer knowledge and experience working for IBM and Sun are tremendous assets as AMD charts a new course for the industry with initiatives such as Accelerated Computing," said AMD President and COO Dirk Meyer. "As we deliver platforms and solutions to best meet our customers’ needs, we will lean heavily on Nigel - who has a proven track record of developing and executing clear, compelling global marketing campaigns."

With Intel’s new Penryn processors on the horizon and an influx of six-core Xeon processors coming by year's end, AMD needs to stay on its toes. The company earlier this month began shipping the long-awaited B3 stepping Opteron and Phenom processors which fixed the TLB bug.

AMD is also on track to release 2.6GHz parts by the fall of 2008 and hopes to transition to 45nm production lines in 2009.

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RE: the end
By Vanilla Thunder on 3/20/2008 3:25:56 PM , Rating: 3
I think the bottom line is this. If you need bleeding edge performance, and can swallow the price premium, you buy an Intel CPU. I, on the other hand, am an average user, who does some gaming. From my viewpoint, you can't beat AMD for price to performance for your average user. My AMD 5000+X2 doesn't really leave me wanting more when I sit down to use it, so I won't bother to upgrade until it does. .

RE: the end
By vignyan on 3/20/2008 11:21:38 PM , Rating: 1
But then, its your choice to go for AMD. Almost all the Intel's current offerings are better in price to performance than your current processor. (see charts at
So it really matters who you want to buy. You can even support ARM for your laptop w/ linux by giving supporting reasons...
Peace man!

RE: the end
By Calin on 3/21/2008 3:58:34 AM , Rating: 2
I thought long and hard when I've upgraded my computer (half a year ago or more) and went with an AMD Athlon X2 4400+ and motherboard with ATI (video integrated) chipset. The performance is certainly there (as much as I need of it anyway). For me AMD was a better choice overall.
My brother upgraded his system, but for his needs/desires, Intel was a better choice overall.

RE: the end
By Vanilla Thunder on 3/21/2008 10:16:34 AM , Rating: 3
Did you even look at the charts @ Tom's? AMD owns the price to performance chart.
My processor is 9th on the list, with only 2 Pentium dual cores anywhere near the top. I still stand by the statement that in the budget/mainstream segment, AMD is the way to go. Plus mobos are usually cheaper for AMD chips, another added bonus.


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