AMD cuts 400 Austin jobs

Print
Email
|

by KVUE.com

kvue.com

Posted on November 6, 2012 at 9:30 AM

Updated Tuesday, Nov 6 at 9:39 AM

AUSTIN -- California-based Advanced Micro Devices Inc., AMD, cut close to 400 jobs in Austin recently.

In October the company announced its plan to restructure in order to reduce operating expenses.

About 15 percent of its workforce across the nation was expected to be slashed. The company employs more than 11,700 people.

At the time of the layoffs, its Austin branch had close to 2,500 workers.

Print
Email
|
 
Austin Local News Video
More Video