Yes they are coming. It's expected to be about 10% although some groups are effected as much as 15%. 

I have heard that the axe is going to fall mid this week!

AMD ... not surprised
to see new heads coming in at hardest time. Nine days after AMD hired
ex-Dell VP Dr. Ahmed Mahmoud to serve as the Chief Information
Officer, Other as stated Friday:New Chief Marketing Officer is Nigel Dessaue, former lion from the
rows of IBM and Sun Microsystems. Nigel has 22 years of experience 

22 years is lot, Barton Core was 5 years ago & who would even remember, Palemino was core before Barton, Now How Many More Have Advanced Cause of Quality? Barton was DVD capable, while Palemino was finalization of CD. So its strong point to even be in Computing Industry after so long, Let Alone Selling & Defining it.

Most obvious would be Give Entire Mess to Dresser, Chandlerdrasheken & Drashek. Kind of Twiddle dee, dum & Fum, all in 1. LOL. All in One Dra?hahaha, Maybe they Can Spell.
Tom Drashek

AT adds: You sure as hell can't.

Finally a person who writes an article and rather than just re-print the AMD statement verbatim, actually tries to analyze it and ask what are they really saying and what are they not saying?

Well done sir (seriously)! Granted this one was pretty easy to see through, but most folks choose not to see/analyze!

Me thinks the worm is starting to turn on AMD's continuous spin cycle over the last few years and people will now begin to question how AMD parses their wording.

AMD today announced the appointment of Nigel Dessau as chief marketing officer (CMO). He brings 22 years of technology sales and marketing leadership experience at IBM and Sun, and will be responsible for AMDs global marketing, image and campaign strategies.

Sounds like person has connections up & down sleeve. Big Money Nigel.

AMD Big technical hope is that while Nahalem ramps from 2 to 8 cores, its only 733 million Trannies-Yeah, like gears feeding data about-Giving AMD Price/Performance charts that should be Hopeful. Its Tuk wi la job thats hotter class & SOONER yet, Dunningtom or ham with 6 cores, it really big, 30 gb cache & 1.9 billion trannie istors, & you know what I don't find much difference between desktop designated cpu parts & server designate cpu from same make/model level, so why not game with Main Frame CPU Dunningthing..?Well first you need mainboard.Next about y2k$ EACH.
AMD Other addition is ceo like fellow who I hope will help Mr. Dresser keep costs down & cards/chipsets HOT.
Thomas von Drashek

It’s time for Hector Ruiz to lay himself off. Does he realize he is the reason for the company’s poor performance? The company has failed everywhere: Personal Internet Communicator, flash memory, Alchemy MIPS, and K10 processor. It overpaid for a profitable ATI and turned it into a loser while bringing AMD’s debt to colossal levels. Hector is just plain awful.

I wont. I wont support a company that doesnt support its workers, times are tough but you cant just keep sacking peolpe. how about releasing a product on time, and on SPEC! and if you cant the big kahunas drop 10% on their pay for that year, try sacrificng 1 million of your 10 million dollar pay check for the year.

I can see it now, just like the simpsons 
mr Burns "doh and i was going to buy that ivory back scratcher" only burns is Ruiz Greedy F$$$ers

Is Charlie, our ever loyal DAAMIT salesman be affected with these layoffs?