AMD responded to "massive layoffs in China": untrue, a small optimization and reorganization

Thanks to CTOnews.com netizens for the delivery of clues about the past. CTOnews.com October 26 news, recently there are rumors that AMD in China large-scale layoffs. In response, the AMD official responded: "the online rumors are untrue. Based on the adjustment of the company's strategy, the company has recently carried out a small optimization and restructuring of the organizational structure."

AMD also said that in order to adapt to changes in the market, AMD China is still continuing to recruit for key areas of business.

AMD's second-quarter results showed that the company had revenue of $5.4 billion in the second quarter of this year, roughly flat from the previous quarter, with a net profit of $27 million (CTOnews.com note: currently about 198 million yuan), an increase of 119% from the previous quarter, and revenue and adjusted earnings per share exceeded Wall Street analysts' expectations.