Mergers are never a good thing for workers. Layoffs are an imminent thing to cut out redundant work and cut costs. The Inquirer talks about the rumored AMD layoffs after the AMD+ATI merger/acquisition. It would seem that 2000 jobs are at stake which follows a ratio of 1,200 from ATI and 800 from AMD. AMD states that They will not be targeting individuals per se, but rather individual positions throughout the
spectrum of the company's operations. Sounds dodgy to me as this things never sound good no matter how you word it.they say:...
We expect announcements shortly after the merger closes, certainly before the end of the month, and they will most likely take effect in mid-November like we said earlier. Rumour has it that the severance packages will not be as generous as Intel, but far from the outright screwings of HP. Things are never dull at the combined AMD/ATI nowadays.
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