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AMD has not fired managers in Europe

by Ian Tegrity on 1 April 2008, 23:25

Tags: AMD (NYSE:AMD)

Quick Link: HEXUS.net/qamhx

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Conflicting reports

There is lots of confusion about AMD cutting its workforce these days... and perhaps nowhere is this truer than in the mind of even the sweetest of Croatian journalists.

And even if AMD has not publicly stated that there won't be any reductions in its workforce, we have received word that that the two managers in EMEA region named in other reports are not about to leave the company – and this is no April Fools joke they have already left.

Chris Talago, formerly corporate marketing manager EMEA (as he was originally introduced to us) and Gianluca Degliesposti, EMEA director of business development, did not receive pink slips as a part of a restructuring of the firm's EMEA organisation, we were told.

Following significant corporate restructuring within AMD in Europe at the very tail end of Q4 2007, mainly driven by Giuseppe Amato from AMD’s offices in Milan, Talago’s job title at AMD changed to Senior Manager, Corporate Marketing.

So having considered his options, Talago recently secured himself a senior position with a well respected PR company, believed to be Nelson Bostock Communications.

News of Degliesposti’s decision to leave AMD was, to HEXUS, a little more surprising as not only was he an effective and fairly long-term exec for AMD, but was believed to be ‘paid more money than God’. However, like Talago, he too made the decision to seek his professional challenges elsewhere.

So, contrary to reports elsewhere, both Talago and Degliesposti made their own decisions to leave AMD and did so having given AMD requisite notice of their intentions, which in the case of Degliesposti appears to be a not inconsiderable period of time.

Know though, that as we wrote earlier today, HEXUS.channel is more than confident that there will be further restructuring at AMD and that, unlike the departures of Talago and Degliesposti, some unfortunate people are likely to be receiving bad news.

Our intelligence is that any workforce reductions will not necessarily happen in the EMEAI territory and that, at least, developer relations, public relations and sales teams are unlikely to be affected.

In summary, it surely looks like some people might need a change of diet, to one based less on any sour grapes and more on hard facts, or at the very least one not prepared in a pot that calls the kettle black... :)

More details to come.

Further reading: What's really going on at AMD?



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