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Image source: The Motley Fool. Advanced Micro Devices (NASDAQ: AMD) Q3 2024 Earnings Call Oct 29, 2024, 5:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Recessionary losses necessitated AMD cutting 1,100 jobs in 2009. [88] In August 2011, AMD announced that former Lenovo executive Rory Read would be joining the company as CEO, replacing Meyer. [89] In November 2011, AMD announced plans to lay off more than 10% (1,400) of its employees from across all divisions worldwide. [90]
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