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AMD Plans Layoffs, Restructuring After Rough Quarter

The third quarter of 2014 was bad for AMD (NYSE:AMD), but the company expects the worst is yet to come.



Will AMD's Growth be Sustainable?

AMD Restructuring

In its recent earnings report, Advanced Micro Devices  reported an improvement its second quarter of 2014, compared with the same period the previous year. The company posted a loss of $36 million ($0.05 per share) during the period, a reduction, compared with $74 million loss ($0.10 per share)  in the same period the previous year. This comes amid a growth in sales in the second-quarter of 2014, as well as new product releases expected to grow the company’s market share in both consumer and commercial markets. The Sunnyvale chipmaker’s performance has fallen short of analyst expectations, although it is still within the company’s own forecast. A sound strategy AMD’s