Advanced Micro Devices (AMD), which has decided to lay off about 1,600 employees worldwide due to business slowdown and losses, said it would not lead to any job loss in its India operations.

“The job cuts are essentially at global level but not in India. They are some of the rolls, which are found to be redundant in the company. The decision to slash about 10 per cent of workforce worldwide will have no impact on our operations in the Indian subcontinent,” AMD India managing director Alok Ohrie told IANS here on Tuesday.

“On the contrary, our parent company is bullish about India. During last quarter, we have hired about 250 people for business expansion and chip design services. In fact, our corporate headquarters is supportive of our expansion plans. We are seeing development taking place in our business and engineering operations,” Mr Ohrie pointed out.