It looks as though AMD will be cutting more jobs than previously expected. The company now expects to lay off 600 employees instead of the previously reported 500 and plans further cost-cutting actions during the first half of next year.
In addition, AMD reiterated that it expects to take further cost-cutting actions during the first half of next year, which will lead to additional charges against earnings. And the struggling company said it can't yet put a value on a planned goodwill impairment charge related to its 2006 acquisition of graphics chip maker ATI Technologies Inc.
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In addition, AMD reiterated that it expects to take further cost-cutting actions during the first half of next year, which will lead to additional charges against earnings. And the struggling company said it can't yet put a value on a planned goodwill impairment charge related to its 2006 acquisition of graphics chip maker ATI Technologies Inc.
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