The layoff will occur across all functions globally and is expected to be completed by the end of first quarter of 2012.
The cuts will amount to about 1,400 jobs, according to estimates by analysts. Combined with implementing efficiencies across company’s operations, AMD expected that the workforce reduction will result in operational savings of more than $200 million in 2012.
(Published 04 November 2011, 16:31 IST)
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