AMD held its Advancing AI 2024 event at the Moscone Center in San Francisco.
AMD held its Advancing AI 2024 event at the Moscone Center in San Francisco.
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AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.

The cuts come at a time when AMD has been soundly beating Intel in the x86 processor market. But AMD has also been second in the transition from graphics processing units (GPUs) to AI accelerators in competition with AI chip market giant Nvidia.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.