AMD to downsize

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AMD is rumoured to be looking to lay-off 5 per cent of its workforcedue to the economic downturn and the delay of its Phenom 9700 and 9900processors. The chip manufacturer, engaged in a long runningbattle with Intel for supremacy, announced in January that it waspushing back its eagerly awaited Phenoms to the second quarter of theyear.

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