Layoffs at amd – Breaking News & Latest Updates 2026
Skip to main content
The homepageThe VergeThe Verge logo.
The homepageThe VergeThe Verge logo.
Posted
J
External Link
Jay Peters
Layoffs at AMD.

The company is laying off 4 percent of its staff, which translates to about 1,000 employees, reports CNBC. AMD has been transitioning into an AI chip company as it works to compete with Nvidia, which is now the most valuable company in the world thanks in large part to its AI chips.

Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Comments
Loading comments
Getting the conversation ready...

Most Popular

Most Popular
  1. Microsoft brings Xbox back, scraps Microsoft Gaming
  2. You’re about to feel the AI money squeeze
  3. THE PEOPLE DO NOT YEARN FOR AUTOMATION
    Video
  4. Microsoft offers voluntary retirement to long-serving employees
  5. Leak reveals new Xbox Game Pass ‘Starter Edition’ that’s part of Discord Nitro

More in AMD

Arm’s first CPU ever will plug into Meta’s AI data centers later this yearArm’s first CPU ever will plug into Meta’s AI data centers later this year
Future Sony PlayStation games will use AI to imagine new framesFuture Sony PlayStation games will use AI to imagine new frames
HP ZBook Ultra G1a review: a business-class workstation that’s got gameHP ZBook Ultra G1a review: a business-class workstation that’s got game
AMD’s faster Ryzen 7 9850X3D CPU arrives on January 29th for $499AMD’s faster Ryzen 7 9850X3D CPU arrives on January 29th for $499
The two things AMD subtly revealed at CES that actually excite meThe two things AMD subtly revealed at CES that actually excite me
AMD’s new Ryzen 7 9850X3D makes the best gaming CPU even fasterAMD’s new Ryzen 7 9850X3D makes the best gaming CPU even faster

Top Stories