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"Good luck with your layoffs, all right? I hope your firings go really well."

In August, AMD announced that it was getting making former Lenovo President and COO Rory Read its new President and CEO. At the end of October, AMD announced that its net income of $97 million was constrained by yield issues with its 32nm manufacturing process.
 
Now the company has announced that it will axe 10 percent of its global workforce as a part of a new restructuring plan that will eventually save $200 million in operational expenses for calendar year 2012. AMD also plans to sever some of its contractual obligations to save money.

 
"Reducing our cost structure and focusing our global workforce on key growth opportunities will strengthen AMD's competitiveness and allow us to aggressively pursue a balanced set of strategic activities designed to accelerate future growth," said Read.
 
The restructuring plan will also allow AMD to focus more on cloud computing, emerging markets, and low-power systems. The focus on lower power consumption is a key as companies like HP are now looking to low-power ARM architecture for upcoming server products, which could spell trouble for traditional x86 processor manufacturers like AMD and Intel.

Source: AMD



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By Reclaimer77 on 11/4/2011 1:07:50 PM , Rating: 1
quote:
The only mistake AMD made is to release Bulldozer to the desktop enthousiast crowd.


That's like saying the i7 wasn't "meant" for desktop's. The thing is though, the i7 doesn't run like a pile of SHIT on single threaded apps, but Bulldozer does.

Sorry but I cannot agree that Bulldozer is some "server chip". With THOSE power consumption numbers? I think not! Also Bulldozer comes in many different flavors of cores, it's not JUST an 8 core design. They even went out of their way to avoid a new socket so many desktop users could switch to Bulldozer without a new motherboard purchase.

Releasing a server only next generation design and leaving the AMD faithful with nothing new for the desktop since the Phenom II? I don't see how that would have been a good move. Bulldozer was the right move on paper, but obviously something went WAY wrong in the architecture and implementation of the design.


"You can bet that Sony built a long-term business plan about being successful in Japan and that business plan is crumbling." -- Peter Moore, 24 hours before his Microsoft resignation














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