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According to published reports, Phil Hester has issued his resignation, and said that Friday would be his last day at the troubled chipmaker. Both Henri Richard, the company’s head of sales, and Dave Orton, who ran AMD’s ATI graphics unit, have also left within the last year.
Hester’s responsibilities have reportedly been divvied up among the other department heads, so Hester himself will not be replaced, and the CTO position will therefore not be filled.
On Monday, AMD said that it would lay off ten percent of its workforce, and said it anticipated lower revenues than previously anticipated.
AMD is scheduled to report its first-quarter results on April 17.
AMD is just headin down the drain