October 20, 2023 /SemiMedia/ -- According to industry insiders, AMD Shanghai will lay off about 10%-15% of its employees, with the number of employees reaching four to five hundred.
AMD Shanghai R&D Center was established in 2006 and is AMD's largest R&D center outside the United States, with a total of approximately 3,000 employees. The center is mainly responsible for the design, development and testing of CPU, GPU, APU and other products. It has contributed many innovative technologies and products to AMD, such as Ryzen series processors, Radeon series graphics cards, etc.
AMD Shanghai employees said that the rumors of layoffs should be true, but the scope and number of people are not as large as the rumors.