AMD Cutting 4% of Staff After Mixed Q3 Earnings
What’s going on at AMD?
Advanced Micro Devices, Inc. (AMD) is slashing approximately four per cent of its global workforce after mixed Q3 2024 earnings.
A company spokesperson confirmed the reduction to Wccftech—claiming that the move is “part of aligning our resources with our largest growth opportunities.”
“[We are] committed to treating impacted employees with respect and helping them through this transition,” AMD said in a statement.
Several individuals posted on sites, including The Layoff, that they had been let go by the computer chip designer.
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Impact on Canadian staff
It remains unclear if Canadian employees are affected by the latest round of layoffs at AMD.
According to LinkedIn, the company employs more than 3,700 people in the country.
If you’re a non-unionized employee, check out our AMD Layoffs guide.
You can also use our free Pocket Employment Lawyer tool for real-time insights.
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Lost Your Job? Get Help Now
📞 Contact Samfiru Tumarkin LLP: 1-855-821-5900 or request a consultation online.
Our experienced employment lawyers in Ontario, Alberta, and British Columbia (BC) have helped tens of thousands of non-unionized individuals resolve their workplace issues, including wrongful dismissals.
If you’ve lost your job at AMD for any reason, don’t panic. We can review your situation, assess your legal options, and help you secure the compensation you’re legally entitled to.
Contact your union immediately. By law, employment lawyers can’t represent unionized employees.
Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and should not be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.
About the Author
Lior Samfiru
Lior Samfiru is a Founding Partner at Samfiru Tumarkin LLP and the Practice Leader of the firm’s Labour & Employment Law Group. Known for his advocacy and success representing both employees and employers, Lior exclusively serves clients in Ontario, where his extensive experience has made him one of Canada’s most sought-after employment lawyers.
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