AMD layoffs, on the record
Every job cut, severance charge and restructuring AMD reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 26,000 to approximately 31,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 26,000 | December 30, 2023 |
| 10-K for 2024 | approximately 28,000 | December 28, 2024 |
| 10-K for 2025 | approximately 31,000 | December 27, 2025 |
Job cuts, severance and restructuring
Our summaryThe company implemented the 2024 Restructuring Plan, focused on driving efficiencies and aligning resources with growth opportunities in AI and enterprise markets, which will primarily reduce global workforce by about 4% of headcount.
Word for word“The 2024 Restructuring Plan will primarily reduce global workforce by approximately 4% of headcount.” 10-K for 2024
Our summaryThe 2024 Restructuring Plan cost $186 million to date, made up of severance and benefits and asset impairment.
Word for word“The 2024 Restructuring Plan charges to date were $ 186 million, of which $ 113 million was related to employee severance and benefits and $ 73 million was related to asset impairment.” 10-K for 2025
Our summaryThe company paid severance under the plan in 2025 and 2024.
Word for word“For 2025 and 2024, the Company made $ 79 million and $ 24 million of severance payments, respectively.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|
| 2016-12-31 | $10 million | — | — |
| 2017-12-30 | $0 | — | — |
| 2022-12-31 | $0 | — | — |
| 2023-12-30 | $0 | — | — |
| 2024-12-28 | $186 million | — | $24 million |
| 2025-12-27 | $0 | $186 million | $79 million |
AMD has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from AMD’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-04. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.