AMD Launches Round of Layoffs to Better Focus On AI

AMD announced it is laying off 4% of its staff, or roughly 1,000 employees, as part of its growing focus on artificial intelligence....
AMD Launches Round of Layoffs to Better Focus On AI
Written by Matt Milano

AMD announced it is laying off 4% of its staff, or roughly 1,000 employees, as part of its growing focus on artificial intelligence.

AMD is currently firing on all cylinders, challenging Intel’s dominance in multiple markets. The company has increasingly been working to challenge Nvidia, specifically in the AI chips market. In an effort to streamline that focus even more, the company said it is engaging in targeted layoffs.

“As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps that will unfortunately result in reducing our global workforce by approximately 4%,” read a statement from AMD, via Tom’s Hardware. “We are committed to treating impacted employees with respect and helping them through this transition.”

As the outlet points out, it is unknown at this point exactly which divisions are impacted by the layoffs. The company did say, however, that it is trying to ensure it has the necessary talent to support its fastest-growing segments, including AI processors and data centers. As a result, it’s unlikely that those two divisions will be impacted.

While layoffs are never a welcome event within a company, and 1,000 job cuts are a significant number, AMD’s layoffs are still a far cry from Intel’s recent layoff of 15,000 employees.

As the industry continues to focus on AI, other companies may well make similar cuts to better align with the industry’s overall direction.

Subscribe for Updates

HRProNews Newsletter

News & updates for HR pros.

By signing up for our newsletter you agree to receive content related to ientry.com / webpronews.com and our affiliate partners. For additional information refer to our terms of service.
Get the WebProNews newsletter delivered to your inbox

Get the free daily newsletter read by decision makers

Subscribe
Advertise with Us

Ready to get started?

Get our media kit

Advertise with Us