Amd Layoffs 2024 Blind. Is shedding about a thousand jobs as part of an effort to refocus on newer markets like artificial intelligence chips. (amd) is slashing approximately four per cent of its global workforce after mixed q3 2024 earnings.

Analysts expect the data center unit to grow 98% in 2024, outpacing expected total revenue growth of 13%, according to an average of estimates compiled by lseg. The company wants to focus on artificial intelligence and data centers