Latest in Amd Lay Workforce
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AMD to lay off 4% of workforce, or about 1,000 employees
At the end of last year, AMD had 26,000 employees, according to a U.S. Securities and Exchange Commission filing.Business - CNBC - Yesterday -
23andMe to lay off 40% of its workforce as stock price plummets
The genetic testing company 23andMe is cutting 40% of its workforce and ending its therapeutics program as its stock price continues to plummet. CBS News correspondent Carter Evans has more on what ...Top stories - CBS News - Yesterday -
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.Tech - VentureBeat - Yesterday -
AMD reports record revenue but Q4 forecast disappoints
Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.Tech - VentureBeat - October 29 -
AMD’s stock is getting hurt by this ‘unpalatable’ reality
One analyst says that AMD’s muted guidance is unlike what Wall Street has come to expect of “AI names.”Business - MarketWatch - October 30 -
McKinsey Cuts Hundreds From China Workforce
The consulting firm is cutting back on state-linked clients and is working to separate its China operationsBusiness - The Wall Street Journal - October 17 -
EY slims workforce for first time in 14 years
Slowdown in demand for consulting services leads Big Four accounting firm to post weakest revenue growth since 2010Business - Financial Times - October 17 -
Beyond Inc. to Cut Workforce by About 20%
Beyond Inc. is cutting about 20% of its workforce as part of broader review of its cost structure, which comes after the company invested about $65 million in two retailers to help restore Bed Bath ...Business - The Wall Street Journal - October 22 -
Dropbox to cut 20% of workforce as it moves to boost growth
Dropbox Inc.’s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it’s cutting ...Business - MarketWatch - October 30 -
Men over 70 are flooding back into the workforce
The headline figure of 12,000 jobs from the latest labor-market report is getting all the attention — but as usual, the much more interesting stuff is buried in the fine print.Business - MarketWatch - November 2 -
Watch: Biden speaks at White House workforce summit
President Biden, with just over two months left in office, spoke at a White House event Wednesday focused on the administration's "Investing in America" agenda. Biden and first lady Jill Biden are ...Politics - The Hill - Yesterday -
‘Robot revolution’ forces China’s human workforce to adapt
Factory machinery is evolving fast. Can the workers who will use it keep up?World - Financial Times - 23 hours ago -
Jimmy Lai release is a priority for the UK, says PM
The British citizen and pro-democracy activist is facing trial in Hong Kong for sedition.Top stories - BBC News - October 16 -
Harris Is Trying to Win Voters by Laying Out the Alternative
Also, Teri Garr found the soul in memorable ditsy blondes. Here’s the latest at the end of Tuesday.Top stories - The New York Times - October 30 -
Nissan to lay off thousands of workers as sales drop
The Japanese car making giant has not yet said where in its global operations the job cuts will be made.Top stories - BBC News - 6 days ago -
AMD’s AI punches are landing where it counts — against Nvidia
Not every AI customer wants or can afford Nvidia’s powerhouse Blackwell chip.Business - MarketWatch - October 19 -
Beyond AI, AMD and Intel earnings will hit on another important trend
Next week, as the technology sector earnings reporting season begins in full force, the results from two rival chip makers, Intel Corp. and Advanced Micro Devices Inc., will give investors data on ...Business - MarketWatch - October 26 -
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.Business - CNBC - October 30 -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - October 30 -
AMD's post-earnings slide is a buying opportunity. Here's why
Wall Street's reaction to the quarter continues an up-and-down month for shares of the AI chipmaker.Business - CNBC - October 30 -
New Ryzen 7 9800X3D Is The Fastest Gaming CPU Out There, Says AMD
Just a week after the launch of Intel's latest generation of desktop CPUs, AMD has fired back with the announcement of the first 3D V-Cache-equipped chip in the company's 9000-series CPUs, with the ...Tech - GameSpot - October 31 -
AMD unveils Versal Premium Series Gen 2 for data center workloads
Advanced Micro Devices announced its Versal Premium Series Gen 2 chip platform for data center customers doing AI processing and other work.Tech - VentureBeat - 2 days ago -
Sage Therapeutics’ stock falls 4.7% as biotech unveils plan to cut 33% of workforce
More than 165 jobs to go as company seeks to extend cash runway and focus on postpartum drug launch.Business - MarketWatch - October 17 -
Dropbox slashes 20% of global workforce, eliminating more than 500 roles
Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, according to CEO Drew Houston.Business - CNBC - October 30 -
Dropbox slashes 20% of global workforce, eliminating more than 500 roles
Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to staff. The company is in a “transitional period” as its file sync ...Top stories - NBC News - October 30 -
23andMe to slash 40% of its workforce, end therapeutics program to cut costs
DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the company said Monday.Business - MarketWatch - 2 days ago -
23andMe cuts 40% of its workforce and discontinues therapeutics division
23andMe is laying off 40% of its workforce, or more than 200 employees, and discontinuing its therapeutics division as the struggling genetic testing company attempts to slash costsHealth - ABC News - 2 days ago -
Zelenskyy lays out Ukraine ‘victory plan’ which Moscow calls an escalation
Ukrainian president wants ‘unconditional invite’ to join Nato and rules out conceding territory to Russia. The Ukrainian president, Volodymyr Zelenskyy, has laid out details of his “victory plan” ...World - The Guardian - October 16 -
Meta lays off staff at WhatsApp and Instagram to align with 'strategic goals'
Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its “strategic goals.”Tech - ABC News - October 17 -
How Nasa’s Artemis Accords are laying the ground for global space cooperation
Space’s agency has expanded its diplomatic reach in recent months, signing 12 of 45 signatories since January. It was a simple pledge made amid the excitement of a landmark moment in space ...World - The Guardian - October 20 -
Kraken Lays Off 15% of Workers and Names Arjun Sethi New Co-CEO
The influential cryptocurrency exchange has undergone several reorganizations in recent years.Business - The New York Times - October 30 -
Trump is using election lies to lay the groundwork for challenging 2024 results
Donald Trump has spent months laying the groundwork to challenge the results of the 2024 election if he losesTop stories - ABC News - November 2 -
Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio
Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio.Business - CNBC - November 6 -
Biden: Trump win lays to rest question of election ‘integrity’
President Biden on Thursday called on Americans to lay to rest questions about the integrity of elections, calling the system fair after President-elect Trump decidedly won the 2024 race. “I hope ...Politics - The Hill - November 7 -
R.F.K. Jr. Lays Out Possible Public Health Changes Under Trump
Mr. Kennedy, an environmental lawyer who has no medical or public health degrees, has promoted anti-vaccine conspiracies for years.Top stories - The New York Times - November 6 -
Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio
DETROIT — Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio.Top stories - NBC News - November 7 -
Enphase to lay off workers and end some operations in Mexico
Microinverter maker Enphase aims to “better align its workforce” with its business needs and will incur in up to $20 million in charges related to a restructuring.Business - MarketWatch - 6 days ago -
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