Saturday, January 17, 2009

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More job cuts at AMD

AMD Chips Off Jobs, Salaries
On Friday (1-16-2009), Advanced Micro Devices (NYSE:AMD) said it would trim 1,100 jobs, or 9.2% of its global workforce, and would temporarily cut some employees’ salaries, including those for top executives, to help carry the chip maker through the soft environment for computer sales, according to Forbes

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