AMD To Lay Off 4% of Workforce, or About 1,000 Employees
(Thursday November 14, 2024 @11:41AM (msmash)
from the more-pain dept.)
- Reference: 0175468241
- News link: https://slashdot.org/story/24/11/14/0726238/amd-to-lay-off-4-of-workforce-or-about-1000-employees
- Source link:
AMD has announced plans to [1]cut 4% of its global workforce as it repositions to compete in the AI chip market dominated by Nvidia. The layoffs will affect approximately 1,040 employees of its 26,000-strong workforce reported at the end of 2023. CNBC adds:
> AMD produces powerful AI accelerators for data centers, including the MI300X, which companies such as Meta and Microsoft purchase as an alternative to Nvidia-based systems. But Nvidia dominates the market for powerful AI chips, with over 80% market share, partially because it developed the core software that AI engineers use to develop programs such as OpenAI's ChatGPT.
[1] https://www.cnbc.com/2024/11/13/amd-layoffs-company-to-4percent-of-workforce-or-about-1000-employees-.html
> AMD produces powerful AI accelerators for data centers, including the MI300X, which companies such as Meta and Microsoft purchase as an alternative to Nvidia-based systems. But Nvidia dominates the market for powerful AI chips, with over 80% market share, partially because it developed the core software that AI engineers use to develop programs such as OpenAI's ChatGPT.
[1] https://www.cnbc.com/2024/11/13/amd-layoffs-company-to-4percent-of-workforce-or-about-1000-employees-.html
Fewer employees will help! (Score:3)
If there's one thing I've been thinking, it's that AMD make it too easy to use their hardware and I'm 100% sure that having fewer employees working on things like not making every card just work out of the box with the major tools will help them a great deal.
FFS AMD you need to do the boring leg work of making your cards an EASY choice.
Re: (Score:1)
Well, they can't cut executive pay. They didn't make any decisions that lead to this.