This week has brought with it bad news from Palm (PALM), Research In Motion (RIMM), Adobe (ADBE), AT&T (T) and Nokia (NOK). Now AMD has joined them as well. In a terse statement issued this morning, the company warned that its fourth-quarter revenue will come in significantly lower than previously expected, thanks to souring computer sales.

AMD (AMD), which had expected fourth-quarter revenues to be flat, now sees them falling 25 percent from the third quarter’s $1.59 billion. Ugly news for the company, which has been struggling quite a bit lately. Last month the company said it would cut three percent of its workforce. Now that its facing a 25 percent decline in revenues, will AMD take the scythe to its employees once again?