AMD has dismissed several reports stating that an estimated 5% of its staff were laid-off. The rumour seemed to originate from The Inquirer, where a miss-estimation of AMD's quarterly earnings was blamed for the cuts (which apparently affected all segments of the company). When asked to comment, an AMD spokesman got right to the point saying "We did not have a workforce reduction." However, if AMD's Q1 results fail to impress, many expect this speculation to become a reality.

Read the full story here...