Menu
AMD staff cuts to hit Australia

AMD staff cuts to hit Australia

Local workforce won't be immune to the nine per cent global staff cuts

Some of AMD's Australian staff will be axed

Some of AMD's Australian staff will be axed

AMD will cut a number of Australian staff as part of the company's global workforce slash.

Media reports from the US said the company would reduce its numbers by nine per cent across the globe, translating into about 900 staff. The beleaguered chip manufacturer will also slash the salaries of upper management.

In a statement, AMD’s local country manager, Caleb Leung, said the reductions would also apply to the Australian business and will occur over the first quarter of the calendar year, but declined to specify how many staff would lose their jobs.

“These actions, while difficult, will allow AMD to better navigate the economic conditions while protecting our core capability to execute our technology roadmaps and position AMD for long-term success,” the statement said.

Further details will be unveiled during AMD’s Q4 2008 earnings conference scheduled for January 22.

AMD struggled through 2008 and laid off 500 staff in November. However, its headcount has been slashed by more than 2000 in the past 12 months. The company also spun off its manufacturing operations last October. The vendor's last profitable quarter was Q3, 2006.

Follow Us

Join the ARN newsletter!

Error: Please check your email address.

Tags AMD

Upcoming

Slideshows

IN PICTURES: Nutanix's .NEXT channel event in Sydney (+20 photos)

IN PICTURES: Nutanix's .NEXT channel event in Sydney (+20 photos)

Nutanix recently held its customer and channel event, .NEXT, in Sydney. The event, held at the Sheraton on the Park saw attendance from more than 150 channel and technology partners and customers. It was the first in a series of events Nutanix is holding in A/NZ in August and September, the objective of which is to brief partners and customers on “what’s next” in the design and management of datacentre technology.

IN PICTURES: Nutanix's .NEXT channel event in Sydney (+20 photos)
IN PICTURES: EDGE 2015 sponsor debrief (+23 photos)

IN PICTURES: EDGE 2015 sponsor debrief (+23 photos)

Some of the sponsors of ARN's inaugural EDGE 2015 event got together at the ARN office for a debrieef of the event. Over some drinks and cheese, these attendees got an update on some key statistics that arose from the EDGE event and discussed potential topics and improvements that can be made at next year's event.

IN PICTURES: EDGE 2015 sponsor debrief (+23 photos)
IN PICTURES: ARN Distributor Roundtable, Sydney, 26.08.15 (+26 photos)

IN PICTURES: ARN Distributor Roundtable, Sydney, 26.08.15 (+26 photos)

ARN hosted a distributor roundtable at Cafe Del Mar in Sydney, at which attendees and their partners discussed the changing role of the traditional IT distributor. They spoke about the challenges of digital disruption, the blurring lines of the channel in the age of digital transformation, and examined the ever-evolving business models. This roundtable was sponsored by Distribution Central, Exclusive Networks, Rhipe, and Hemisphere Technologies. Photos by ARN Editorial Director, Mike Gee.

IN PICTURES: ARN Distributor Roundtable, Sydney, 26.08.15 (+26 photos)

iasset.com is a channel management ecosystem that automates all major aspects of the entire sales, marketing and service process, including data tracking, integrated learning, knowledge management and product lifecycle management.

Show Comments