PC demand is down to the drain. Data center and gaming is slowing. Stock is down 70% from peak. Still not hearing anything from NVDA and AMD on layoffs. How are they getting away from it. Just wondering from a business perspective? Will they have layoffs? If yes, when?
Not sure about nvidia, but AMD has done performance based lay offs in the past.
Our (AMD) CEO explicitly told that they are not planning any layoffs (in our worldcast meeting in November). Hiring freeze has set in though. AMD is still capturing a decent amount of the market in Datacenter with some growth slowdown in other areas. One advantage is that it’s a pretty small company considering that it plays in both the CPU, GPU and now the embedded space. So layoffs are somewhat less likely.
Lisa only said no layoffs planned for the next quarter. She can start planning layoffs for the following quarter
I heard the attrition rate at AMD is high now, why layoff when employees are already leaving?
leaving to no where...
I didn't get you
paying low wages is keeping AMD from laying off people.
Umm - AMD doesn't pay low wages.
You are right. Not low but lower :-)
Nvidia feels inevitable to me. Their complete lack of basic respect for the consumer is absurd. If they don’t get their shit together I think an epic collapse is coming.
Keep dreaming 😴 sleep
I mean my hope is that nobody gets laid off at any company. It’s a miserable experience that almost no employee is responsible for.