Despite a strong 29 per cent growth in its personal computer segment, AMD’s gaming division has experienced a sharp 69 per cent year-over-year decline

AMD has confirmed that it’s laying off 4% of its workforce to focus on “large growth opportunities.” It’s unclear how many workers have been impacted by the reduction — and which divisions. AMD had roughly 26,000 employees as of last year, according to the company’s annual 10-K filing. Four percent would translate to approximately 1,000.