workforce, affecting approximately 1,000 employees. The layoffs are part of an effort to optimize resource allocation and better position the company for future growth opportunities.

The announcement came after anonymous posts appeared on the social media platform Team Blind, later corroborated by an AMD spokesperson. According to the posts, the layoffs began on November 12. Several users confirmed that they or their colleagues were affected, with some noting that while the layoffs were unexpected, AMD offered a significant severance package to help ease the transition.

The layoffs follow the release of AMD's third-quarter earnings, which showed mixed results. While the company's revenue and profit grew by 17% and 34%, respectively, its quarterly revenue guidance midpoint of $7.5 billion fell slightly short of analysts' expectations of $7.54 billion. Additionally, AMD’s gaming segment revenue plunged 69% to $462 million, nearly wiping out its operating income. This decline was attributed to a decrease in "semi-custom revenue."

AMD stated that the layoffs are part of a “series of targeted measures” aimed at reallocating resources to support its strategic focus on the AI sector. In recent years, AMD has pursued multiple acquisitions and business adjustments to strengthen its position in the AI market and drive future growth.

An AMD spokesperson emphasized that the company is committed to assisting affected employees through this transition, pledging to offer necessary support and resources.