Five hundred AMD employees axed

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Five hundred AMD employees axed

AMD has cut 500 jobs in a world-wide cull.

A general swing of the axe saw workers in a variety of functions packing up their spanners and staplers.

One senior engineer told The Inquirer that it was "pretty serious".

He was one of 150 from AMD's home town Austin to go.

The company said the cuts are in line with its statements that it will cut a workforce of around 15,500 to 12,500 by early 2009. (c) 2010 Incisive Media

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