AMD, Intel, Nvidia Slow Hirings as Economy Falters

Prominent tech players AMD, Intel and Nvidia have been slowing the pace of new hires as a cost-cutting measure that’ll allow them to better weather the ongoing economic downturn. According to Planet3DNow!, who scoured open hiring positions available on all three players’ websites, there’s been a reduction in available positions at all three companies. This signals that they are trying not to increase their operating expenses in such a cloudy economic environment.

See more

AMD’s hiring reduction is easily the least significant, likely reflecting the company’s stellar Q2 results, which led to a 70% increase in revenue and locked approximately $447 million in profits. This is a company whose execution (since being helmed by Lisa Su) has placed it on a clearly upwards trajectory. And with such strong results, it’s not surprising that the company is focusing on capturing additional talent that will help it deliver in the coming years. 

Source link

We will be happy to hear your thoughts

Leave a reply

Reset Password
Shopping cart