News Description
NVIDIA Denies Planning More Job Cuts
Hard|OCP - October 27, 2008 07:10 AM
According to DigiTimes, NVIDIA has denied the recent rumor that the company is planning to cut another 1,000 jobs. Amid media reports that Nvidia plans to cut another 1,000 more jobs in the near future, Nvidia has responded by stating that the story is completely untrue. Nvidia announced in September that it expects to eliminate approximately 360 positions worldwide, or about 6.5% of the company’s global workforce. The reduction is expected to be completed by the end of the third quarter of fiscal 2009 ending October 26, 2008. Comments
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