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AMD is planning another restructuring that will probably include additional layoffs, AllThingsD...

AMD is planning another restructuring that will probably include additional layoffs, AllThingsD reports. One source claims it's an open secret in AMD's offices more job cuts are on the way. The hard-luck chipmaker just cut 15% of its workforce (1,700 jobs), and (though it denies plans to conduct a major asset sale) has reportedly hired JPMorgan to evaluate its options.
Comments (3)
  • AbundantCores
    , contributor
    Comments (109) | Send Message
     
    More completely unfounded so called unconfirmed rumors.

     

    And saying AMD "denies plans for a sale" does not make that any more likely given that its pretty obvious 'that' (unconfirmed rumor) was quite obviously started by someone wanting to make a fast $ from a sale of AMD stock bought just days before.

     

    People hire JPMorgan for all sorts of reasons, few of which have anything to do with selling anything, or "evaluating its options" to use your sound bite.
    16 Nov 2012, 06:26 PM Reply Like
  • petrona38
    , contributor
    Comments (2) | Send Message
     
    I bought 3000 of amd @ $ 10 a share, should I dollar cost average or hold or sell
    THANKS
    17 Nov 2012, 06:05 AM Reply Like
  • Filoe Ziloe
    , contributor
    Comments (24) | Send Message
     
    I have 45,000 shares at 4.60- risky but may be okay in 12 to 18 months - Wells Fargo has a 12 month target of 6 per share
    18 Nov 2012, 04:35 AM Reply Like
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