Chipmaker AMD to cut 5 percent of global workforce

Reuters News
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Posted: Oct 01, 2015 4:20 PM

(Reuters) - Chipmaker Advanced Micro Devices Inc said it would cut 5 percent of its global workforce as part of a restructuring plan.

The company would take a related charge of about $42 million, it said in a regulatory filing on Thursday. (http://1.usa.gov/1M4Dj2A)

(Reporting by Sai Sachin R in Bengaluru; Editing by Sriraj Kalluvila)