Few days back an anonymous employee who spoke about the talks of AMD with Silver Lake which had been ceased after failing to agree on a price and strategy. Now AMD has adopted a new restructuring plan in an effort to reduce costs and optimize resources, which is why AMD has cut 5 percent of its work force worldwide, or the company will have about 9700 employees to 9200, when a couple of years boasted of having almost 20,000 employees.
AMD starts a new restructuring, lays off 500 employees
Together with the outsourcing of some IT services and application development, the company expects to end 2015 with profits of $ 9 million, hoping that in 2016 and involving saving $ 58 million. 2016 will be the last bullet in the chamber of AMD, the new CPU architecture Zen and graphics series Arctic Islands are their salvation, if any of the two products are not expected, it could be very bad news for the industry and users, because until today the company has come out with its strong presence on the consoles of new generation.