As one of the first big moves after Rory Read assumed the role of AMD president and CEO, the company today announced a restructuring and cost-cutting plan designed to strengthen the company's competitive positioning. “Reducing our cost structure and focusing our global workforce on key growth opportunities will strengthen AMD's competitiveness and allow us to aggressively pursue a balanced set of strategic activities designed to accelerate future growth,” said Read.
2DayBlog.com, AMD cuts its workforce by 10% to fund new strategies
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