Although it is making money, it still needs to lay off employees. AMD confirmed that it will cut 4% of its manpower to focus on development resources.

AMD has achieved extremely considerable profits in the processor and server markets this year. In addition, the market demand for AI is still increasing, and its rival Intel is still unable to come up with sufficiently competitive products. In theory, its revenue can continue to flourish. However, AMD still chose to lay off 4% of its manpower at this time, saying it was to focus more resources on “future growth opportunities.”

In the Layoffs theme area of ​​the foreign human resources platform Blind, there was a discussion thread about AMD cutting 4% of its manpower. At the same time, on the TheLayoff.com website, anonymous AMD employees also jumped out and said that they had received notices of laying off their jobs.

According to the responses from netizens, the employees who lost their jobs came from various departments, including Xilinx and GPU graphics engineers that AMD completed the acquisition in February, and even those who had already reached manager positions were not spared.

Foreign media Wccftech also confirmed to AMD that the company has indeed adjusted its global manpower. It only said that it was to “combine resources with the greatest growth opportunities”, which is also known as resource integration. As for the number of fired employees, it was not stated clearly. , but according to netizens, it accounts for about 4% of AMD’s total manpower, and more than 1,000 people are unemployed as a result.

Ironically, in AMD’s third quarter financial report, total revenue increased by 17%, and profit increased by 37%. Although total revenue of US$7.5 billion was slightly lower than analysts’ forecast of US$7.54 billion, Compared to rival Intel, which had to tighten its belt due to losses, AMD still laid off employees because its earnings did not meet expectations. This also caused the company’s stock to drop US$3.72, equivalent to 2.52%, at the opening on the 12th.