AMD to cut 1,100 workers, 9 pct of staff
Friday, January 16, 2009 - 13:35
in Mathematics & Economics
(AP) -- Advanced Micro Devices Inc. plans to cut 1,100 jobs, 9 percent of its global staff, and slash the remaining employees' pay as the chip maker hopes its third round of layoffs in a year can help it get through a brutal market for computer sales.