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Dave Altavilla and Seth Colaner

Dave Altavilla and Seth Colaner

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Chipmaker AMD announced today that steep job cuts are coming. An Associated Press report had the numbers pegged at 1,400 jobs cut from AMD’s workforce of about 12,000. AMD says it’s slashing jobs from all across its global workforce. Due to the redundancies, the company should save $10 million yet in 2011 and $200 million in 2012... Read more...