ADVANCED MICRO DEVICES INC (AMD) PLANS TO SEND HOME 10% OF EMPLOYEES

Tattered and bruised by the product holdups and acquirement costs, besieged chip maker Advanced Micro Devices Inc. told on Monday that it will chuck out 10 percent of its labor force and cautioned investors that 1st quarter sales were subordinate than anticipated across all business lines. The Sunnyvale-bottomed company's trade cuts, which sums up to more than 1,600 workers out of the existing