According to AMD, more pink slips are the result of previously announced restructuring actions to be taken over the next few months and while the number of cuts is believed to be smaller this time around, and while AMD apparently will not be letting anyone go before Christmas, there are certainly better news than having to look for a new job in the new year.
AllThings Digital refers to a few internal sources and states that AMD may be trying to get some of the layoffs right it did not get right before. Apparently, AMD is dealing with a dynamic environment at the moment, with no layoffs taking place before the leadership knows how many people are willing to leave voluntarily. Of course, such a policy may not help to boost an already low morale inside the company and some painful decisions may be dragged out rather than being done.
The layoff story adds to a rather interesting rumor that AMD is shopping for a buyer. AMD carefully denied that rumor, blaming it on a recurring phenomenon in the media. In a statement, the company said: "AMD is not actively pursuing a sale of the company or significant assets at this time." That statement may be the best description of AMD's leadership problem at this time: AMD's strategy and future is about as transparent as the meaning of "actively pursuing".
AMD's leadership has yet to describe a clear path to its employees and the outside how it intends to turn the company around. Even with reaffirmed notes that the company is on the right path, it's difficult to understand what AMD actually does. Our sources at AMD told us that it is not much better on the inside.
AMD does not need more bad news, delays and certainly not more blurry statements. AMD needs a clear message more than ever before.