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AMD to cut 1,100 jobs, initiate temporary pay cuts
- gaius 18y agoAMD will also halt its company 401(k) match. The cynic in me says that won't be coming back. It's interesting to see this as a ripple effect, lots of individual companies say lengthening their upgrade cycle, each one makes no difference in the grand scheme of things but there are a few companies like AMD and Intel that are very vulnerable to lots of tiny actions adding up across the entire economy, not just a single industry in trouble.