Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
Public Council Teleconference: Application Rationalization — Hidden Costs and Smart Decisions
November 17 at 11:00 am US/Eastern (GMT-5)
Join Honorio Padrón, of The Hackett Group, who will share the drivers for companies to tackle application rationalization and the results of research that define the hidden cost of complexity. Additionally, we will discuss key decision milestones—to start or not, holding the course steady and fulfilling expectations.
Virtual Desktop Cost-Benefit Analysis — Michael Jacobs, Catlin Group
The analysis contained in this presentation measures the cost of everything from the machines and licenses to the infrastructure for virtual vs. traditional desktop environments.
Honor your best senior team members - Apply for the CIO Ones to Watch Award
Get well-earned public recognition for your top up-and-coming team members, your IT organization and your enterprise. Award winners will be announced, publicized and feted in May 2010, great timing to help attract new IT recruits to your company.
Learn more about the CIO Executive Council »
AMD Announces Layoffs, Drops Revenue Forecast
Advanced Micro Devices on Monday said it plans to lay off 10 percent of its work force by the third quarter of 2008 in an effort to cut costs.
April 07, 2008 — IDG News Service —
Advanced Micro Devices on Monday said it plans to lay off 10 percent of its work force by the third quarter of 2008 in an effort to cut costs.
As a result of the layoffs, AMD expects to take restructuring charge of an undetermined amount in the second quarter of 2008.
The company also lowered its revenue expectations for the first quarter of 2008 is "due to lower than expected sales across all business segments," it said in a statement. AMD is predicting quarterly sales of US$1.5 billion, a 22 percent increase compared to the first quarter of 2007.
Analysts polled by Thomson Financial originally predicted net revenue of $1.61 billion.
AMD has been struggling since acquiring graphics vendor ATI in 2007, reporting five consecutive quarterly losses due mostly to charges connected with the acquisition. AMD reported a net loss of US$1.772 billion in the fourth quarter of 2007, which was higher than revenue of $1.770 billion. The net loss included charges of $1.675 billion mostly related to AMD's acquisition of ATI in 2006.
During a conference call announcing the fourth quarter results, AMD Chief Financial Officer Mario Rivet said the company hopes to return to profitability by the second quarter of 2008.
Service Level Reporting and Communication
Informatica Platform and Integration Competency Centers
Cutting the Cost of Enterprise Databases
The CIO Calls the Shots
Infrastructures for Innovation
An Alternative Database Approach
IT Consolidation Made Easy
Taking a Seat at the Executive Table: The Reality of Virtualization
Who Are the Data Center Leaders?
SharePoint - Unchecked growth of content is unsustainable - now what?
Unleashing the Power of Customer Data
Does Your Network Let Customers Drive Your Business?
Resource Alerts
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