AMD Begins Cutting Costs, Stock Perks First to Go

zekrahminator · Sep 25, 2007, 01:59 AM

As we all know, AMD has had a hard year thusfar. And so, AMD's move to cut costs is just short of expected. AMD employees, as of November 1st, 2007, will no longer be able to spend 20% of their salary on AMD stock at a 15% discount. Stock perks are not the only things we'll see leaving. There are noticeably fewer bonuses and charity-matchings this year, and there are a couple rumors of lay-offs.

Source: The Inquirer

pbmaster · Sep 25, 2007, 02:02 AM

AAH The Inquirer lol

FatForester · Sep 25, 2007, 03:59 AM

Quote:

Originally Posted by pbmaster

AAH The Inquirer lol

Yea, gotta love it. So... we still post news from them.. why? There should be a super tiny link to theinquirer instead of having to read past all this rumor-mill bloat. Engadget has a filter where you can take out all the pesky news about Apple. That's just me, but I have a definite bias towards both Apple and the Inquirer

EastCoasthandle · Sep 25, 2007, 06:27 AM

If that was actually true that would be bad news. What company tells their employees not to invest with them that stayed in business?

WarEagleAU · Sep 25, 2007, 06:39 PM

Well, with their problems in cash flow, its not unthinkable. But its not a killer either. So what if they lose stock options, more money for them in their pocket.

Sep 25, 2007, 01:59 AM	#1
zekrahminator McLovin Join Date: Jan 2006 Location: My house. Posts: 6,280 (2.36/day) Thanks: 105 Thanked 340 Times in 246 Posts System Specs	AMD Begins Cutting Costs, Stock Perks First to Go As we all know, AMD has had a hard year thusfar. And so, AMD's move to cut costs is just short of expected. AMD employees, as of November 1st, 2007, will no longer be able to spend 20% of their salary on AMD stock at a 15% discount. Stock perks are not the only things we'll see leaving. There are noticeably fewer bonuses and charity-matchings this year, and there are a couple rumors of lay-offs. Source: The Inquirer

Processor:	AMD Athlon 64 X2 4800+ Brisbane @ 2.8GHz (224x12.5, 1.425V)
Motherboard:	Gigabyte sumthin-or-another, it's got an nForce 430
Cooling:	Dual 120mm case fans front/rear, Arctic Cooling Freezer 64 Pro, Zalman VF-900 on GPU
Memory:	2GB G.Skill DDR2 800
Video Card:	Sapphire X850XT @ 580/600
Hard Disk:	WD 160 GB SATA hard drive.
Optical Drive:	Lite-On DVD-RW.
CRT/LCD Model:	Hanns G 19" widescreen, 5ms response time, 1440x900
Case:	Thermaltake Soprano (black with side window).
Sound Card:	Soundblaster Live! 24 bit (paired with X-530 speakers).
PSU:	ThermalTake 430W TR2
Software:	XP Home SP2, can't wait for Vista SP1.

Sep 25, 2007, 02:02 AM	#2
pbmaster Join Date: Aug 2006 Location: Savannah, GA Posts: 1,985 (0.80/day) Thanks: 131 Thanked 295 Times in 275 Posts System Specs	AAH The Inquirer lol __________________ “pbmaster your tongue in your mouth speaks the truth” -von kain

Processor:	AMD Phenom II 955
Motherboard:	Asus Crosshair III Formula
Cooling:	Cooler Master V8 CPU cooler, 120 mm and 200 mm exhaust, 3 x 120 mm intake
Memory:	4 GB OCZ DDR3 1600
Video Card:	Sapphire Radeon HD 4890
Hard Disk:	Western Digital 500 GB Blacks in RAID 0/ Wesdtern Digital SE16 250 GB
Optical Drive:	Lite-On SATA DVD Burner
CRT/LCD Model:	Acer 19" widescreen
Case:	Antec Nine Hundred
Sound Card:	Supreme X-Fi
PSU:	Seasonic M12 SS-700HM
Software:	Windows Vista Home Premium x64 SP2
Benchmarks:	3dMark 03-~62k 3dMark 05-~22k 3dMark 06-18268

Processor:	Intel e2180 2.0ghz @ 2.8ghz w/ stock volts
Motherboard:	ASUS P5K-e Wifi-AP
Cooling:	Zalman 9500 w/ AS5
Memory:	G.Skill Black PI's DDR2 @ 896MHz 4-4-4-12 1.9v
Video Card:	EVGA 8800GT w/ Zalman VF-900
Hard Disk:	2x Crucial C300 64GB, Samsung F3 2TB & 1TB, F1 1TB & 750GB
Optical Drive:	Samsung SH-223F DVD-RW
CRT/LCD Model:	ASUS VW246H 24" 16:9
Case:	Ultra / Chieftec Black Tower
Sound Card:	X-fi XtremeMusic -> Z-5300e's
PSU:	PCP&C 610 Silencer
Software:	Windows 7 x64

Sep 25, 2007, 06:27 AM	#4
EastCoasthandle Eligible for custom title Join Date: Apr 2005 Posts: 6,244 (2.12/day) Thanks: 382 Thanked 1,526 Times in 865 Posts System Specs	If that was actually true that would be bad news. What company tells their employees not to invest with them that stayed in business? __________________ Windows 7 Club!, Online Gaming Lag and You GPU/CPU Water Cooling Club, Q9650 OC'd vs 2600K Stock PC Air Cooling Club, Game Performance Tips

System Name:	MY PC
Processor:	E8400 @ 3.80Ghz > Q9650 3.60Ghz
Motherboard:	Maximus Formula
Cooling:	D5, 7/16" ID Tubing, Maze4 with Fuzion CPU WB
Memory:	XMS 8500C5D @ 1066MHz
Video Card:	HD 2900 XT 858/900 to 4870 to 5870 (Keep Vreg area clean)
Hard Disk:	2
Optical Drive:	2
CRT/LCD Model:	24"
Case:	P180
Sound Card:	X-fi Plantinum
PSU:	Silencer 750
Software:	XP Pro SP3 to Windows 7
Benchmarks:	This varies from one driver to another.

Sep 25, 2007, 06:39 PM	#5
WarEagleAU Bird of Prey Join Date: Jul 2006 Location: Gurley, AL Posts: 9,994 (3.99/day) Thanks: 3,810 Thanked 557 Times in 521 Posts System Specs	Well, with their problems in cash flow, its not unthinkable. But its not a killer either. So what if they lose stock options, more money for them in their pocket. __________________ =-TheEagle-= http://www.heatware.com/eval.php?id=62454 “You crazy? Surfing any website without an antivirus is like freaking with a dirty woman without protection” -OzzmanFloyd120 - Edited for content and clarity

System Name:	Boddha Getta
Processor:	AMD FX 6100 @ 4.432Ghz @1.401V
Motherboard:	ASUS M5A99X EVO AMD 990X AMD SB950
Cooling:	Custom Water. EK 240MM Kit, Supreme HSF - Runs 35C
Memory:	2 x 4GB Corsair Vengeance White LP @ 1.35V
Video Card:	XFX Radeon HD 6870 900/1050 (no OC yet)
Hard Disk:	WD Caviar Black 1.0TB, WD Caviar Green 1.0TB, WD 160GB
Optical Drive:	Samung SH22SL 22X Lightscribe DVD+/-R/RW LG BDRE Reader/Burner Lite ON Max Burner for burning Xbox
CRT/LCD Model:	Asus VH222/S 22: (21.5" Viewable) 1920x1080p HDMI LCD Monitor
Case:	NZXT White Phantom
Sound Card:	Onboard Realtek 5.1
PSU:	NZXT Hale 90 Gold Cert 750W Modular PSU
Software:	Windows 7 Pro 64 bit.
Benchmarks:	5.9 Windows Index rating 3D06 - 17472

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)