this post was submitted on 14 Nov 2024
28 points (100.0% liked)

Hardware

663 readers
156 users here now

All things related to technology hardware, with a focus on computing hardware.

Rules (Click to Expand):

  1. Follow the Lemmy.world Rules - https://mastodon.world/about

  2. Be kind. No bullying, harassment, racism, sexism etc. against other users.

  3. No Spam, illegal content, or NSFW content.

  4. Please stay on topic, adjacent topics (e.g. software) are fine if they are strongly relevant to technology hardware. Another example would be business news for hardware-focused companies.

  5. Please try and post original sources when possible (as opposed to summaries).

  6. If posting an archived version of the article, please include a URL link to the original article in the body of the post.

Some other hardware communities across Lemmy:

Icon by "icon lauk" under CC BY 3.0

founded 1 year ago
MODERATORS
Alphane_Moon
CSFFlame
28
AMD confirms it's cutting 4% of its global workforce (www.theregister.com)
submitted 2 days ago by Alphane_Moon to c/hardware
11 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 12 points 1 day ago* (last edited 1 day ago) (2 children)

Do we know how many people AMD hired in recent years? Because often with news like that it is just companies cutting back a bit after having undergone an even larger expansion not too long ago

[–] Alphane_Moon 14 points 1 day ago (1 children)

They had 8,200 employees at the end of 2016. By the end of 2023, they had 26,000 employees.

So yes, a massive expansion in the last ~8 years.

[–] [email protected] 3 points 1 day ago

AMD's situation has massively shifted during that period, but it does add some perspective. In 2016 they'd have probably loved to have more employees, but couldn't afford them unlike now. And in recent times the Xilin aquisition added a bunch of employees, with some possibly redundant?

Overall i probably believe AMD's comment:

AMD argues its cutbacks aren't a sign it's struggling financially. Instead, it's more about refocusing its resources towards higher-margin products

I assume lesser profitable margine products are e.g. dedicated consumer GPUs?