The move is part of AMD's overall restructuring plan that includes laying off 15 percent of its workforce. OSRC was home to around two dozen employees who were mainly tasked with developing Linux support for AMD's server chips, though they also constructed code and extensions for desktop and notebook CPUs. Some also worked on open source virtualization solutions such as the Xen hypervisor, H-Online reports.
"The OSRC is acting as a bridge between the OS development community and the worldwide AMD processor design community and plays an increasing role in ensuring next-generation AMD products and solutions enable the most advanced OS and application features," AMD states on its OSRC portal. "We are specialized in OS virtualization, memory management, multi-core scheduling, and performance measuring to make better use of future multi-core architectures."
AMD last month warned investors that its third-quarter revenue would likely dip 10 percent from the previous quarter due to sluggish demand and a consumer preference towards tablet PCs. Wall Street reacted negatively to the news, sending shares of AMD stock down to $2,86, the lowest it had been in three years at that point. AMD stock is currently trading at around $2.
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