AMD to lay off 4% of its global employees; ‘job cuts are part of aligning our resources …,’ says the company – Times of India
AMD has announced that it is laying off approximately 4% of its global workforce. According to the chip giant, the job cuts are a part of a strategic shift to strengthen its position in the growing artificial intelligence (AI) chip market.According to a report by Bloomberg, the US-based chipmaker said that the job cuts are…