longdi
Banned
Industry rumblings but internet these days almost always ends up with some truth.
A very strange situation developing since AMD graphics powers Wii-U and next gen consoles. AMD CPU is rumored to power next gen consoles too!
AMD current South Island GPU offerings struggle to match Nvidia in efficiency at the high ends(HD79xx vs GTX680/670) and lack the marketing muscles of their lower/mid ends(HD78xx/77xx vs GTX660/650)
http://www.guru3d.com/news_story/am...er_results_released_and_they_are_alarmig.html
http://techreport.com/news/23725/multiple-sources-say-amd-plans-more-layoffs
http://semiaccurate.com/2012/10/12/amds-layoffs-target-engineering/
A very strange situation developing since AMD graphics powers Wii-U and next gen consoles. AMD CPU is rumored to power next gen consoles too!
AMD current South Island GPU offerings struggle to match Nvidia in efficiency at the high ends(HD79xx vs GTX680/670) and lack the marketing muscles of their lower/mid ends(HD78xx/77xx vs GTX660/650)
http://www.guru3d.com/news_story/am...er_results_released_and_they_are_alarmig.html
AMD Preliminary Third Quarter Results released - worrying
AMD today announced their Third Quarter Results, revenue for the third quarter ended September 29, 2012 and is expected to decrease approximately 10 percent compared to Q2. The company previously forecasted third quarter 2012 revenue to decrease 1 percent, plus or minus 3 percent, sequentially.
The fall in revenue is directly related towards a number of issues but primarily a challenging macroeconomic environment, as the company states in his report
http://techreport.com/news/23725/multiple-sources-say-amd-plans-more-layoffs
Multiple sources say AMD plans more layoffs
by Geoff Gasior 5:23 PM on October 12, 2012
A couple of weeks ago, we caught wind of a rumor suggesting AMD was preparing to cut its work force to less than 10,000 employees, a drop of about 9%. That report came from VR-Zone, and now CNet has chimed in with word from its own sources. According to "people familiar with that matter," AMD is poised to axe as much as 20-30% of its staff. However, CNet says the number of layoffs could be lower, and it suggests AMD may release more information on the purported job cuts next week.
.....
Round about a year ago, AMD laid off 10% of its work force as part of a restructuring effort designed to improve the company's efficiency. Numerous high-profile executives have left the company since, and AMD's financial position has weakened. As we reported earlier today, AMD announced that its third-quarter revenue and margin will be substantially lower than anticipated. Revenue is now expected to fall 10% from the second quarter. Q2 results were themselves down 11% from the first quarter. AMD's Q3 margin is expected to be just 31%, a drop of 14 percentage points from the previous quarter.
http://semiaccurate.com/2012/10/12/amds-layoffs-target-engineering/
AMDs layoffs target engineering
Board incompetence dooms the company
Oct 12, 2012 in Finance
by Charlie Demerjian
Sources tell SemiAccurate that the one division of AMD that is making money, graphics, is going to have a lot of the engineering outsourced. The new crop of senior managers doesnt seem to like the Canadian outpost much, and the result is going to be seen in the layoffs. Far from their being any logic to this move, it seems to be more borne out of personal fiefdoms than sanity, and will sink the company. There are a lot of names bandied about with Emile Ianni being named more often than others. We shall see who gets the bonuses soon enough.