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Thursday, November 14, 2002 |
Advanced Micro Devices Inc., battered by weak demand for computer chips and tough competition, said Thursday it will cut 2,000 jobs, or 15 per cent of its workforce.
The cuts have been expected since the company announced earlier this year it would substantially reduce costs and trim its staff in an effort to return to profitability.
12:32:27 PM Google It! 
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The Sprint PCS Group (PCS, news) wireless unit of Sprint Corp. (FON, news) Group said Thursday that it plans to lay off about 1600 employees, or 6% of its work force, and eliminate 500 contractors as it moves to cut costs.
9:05:02 AM Google It!
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