AMD cuts jobs and costs

Author
Aron Schatz
Posted
February 20, 2003
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1468
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AMD has let off the remaining people from last year's announcement. Here is the news post last year.

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By lowering its quarterly expenses to $800 million, AMD projects it will break even in the second quarter and return to profitability during the second half of 2003. The plan assumes AMD will combine lower costs with higher unit shipments of its Athlon XP PC processors and flash memory products.

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