Just saw this https://stocks.apple.com/AORTtZjUaQumgQOeUh7RMqA

Leaving due to office politics. Even if you are very talented, internal politics can be one of the factors that might holds you back. Office politics can prevent you from your career growth.

https://www-benzinga-com.cdn.ampproject.org/v/s/www.benzinga.com/amp/content/31220033?amp_js_v=0.1#webview=1&cap=swipe Here we go!

Only 11.5hrs until I give my 2 weeks notice. Goodbye Malta, hello opportunity!

Have you noticed here at GF we waste so much money on "projects". They give these projects some special code name to make them sound important and then they dump lots of money into them and they never compete. It is sort of like GF trying to do... — read more 

Anyone received the package in mail yet? If wish not to enroll, any action needed? Overheard that COBRA keeps on automatically renewing, if not reject during enrollment period…

I am one of last few employees who are in GF US and survived the layoffs. I am not a-s li---r but so have connection with AME VP as she is from chartered too. I can say that GF situation is even worse than previous charted. It is back to same... — read more 

While GF is doing little to nothing for new technologies, UMC is out developing programs like 28eHV+ which will eat GF's lunch and dinner in the display driver world. Once a flagship market with customers like Magnachip, GF is once again lagging... — read more 

Given all the outsourcing of staffing and reduction of US headcount, the US govt should be spending $0 yearly with GF. The US govt should be spending money with companies which are growing in the US instead of outsourcing.

The gov­ern­ment aims to tar­get the funds to cre­ate at least two man­u­fac­tur­ing clus­ters for lead­ing-edge chips by 2030. Top can­di­dates for re­ceiv­ing funds for ad­vanced chip-mak­ing plants to an­chor such hubs are Tai­wan Semi­con­duc­tor... — read more 

Has anyone else received an email/call with inquiry regarding interest in termination of separation agreement and reinstatement to working status? I received both yesterday from GF. I am unsure how to proceed as I have no desire and will not be... — read more 

Layoffs have a huge behavioral and physical negative effect on people. So while company like GF is trying to maintain their margins, it is exacting an enormous human tool. Layoffs are stressful, and stress leads to a bunch of unhealthy behaviors... — read more 

With all a-s kickers and boot kickers sitting at director and VP roles, it is such a toxic environment in GF Malta. No employee really cares now about work.

Woke up this morning to my current paycheck from new job. Also a paycheck from GF for non working notice. And for cherry on top I got a QPB check! Thank you GF for having the strategic brilliance to pay me for 3 full months with bonuses while I work... — read more 

Vermont GF... — read more 

The interesting question will be how many people will jump ship once the AIP bonus in March comes out? Each year we see a spike in attrition right after the bonus, but this year should be interesting, the company lost trust with most employees in... — read more 

The December layoffs were proof that restructuring was needed to make a more efficient cost structure, as well as get rid of the deadweight, like the guy hi------g this page most of the time. That is why performance was a big factor in the layoff... — read more 

And we know both are fake products. Sky water and GF both are known to manipulate the numbers.

I don't have any information to confirm this, but judging by the financial results, I think doom and gloom is coming. I doubt that there is anyone here who does not think that additional headcount reductions will come soon... Unfortunately.

Happy Friday for those of you working new job, getting 90 non-working notice pay and not having to work the weekend anymore! ❤️😊

Right before the earnings some positive news to fool people. The biggest question is going to be margins and ASPs can’t wait to hear the BS in the earnings call and investors calling them out for it

Really surprised that this CEO is not fired yet despite terrible performance

https://apple.news/Akg1fm66pRT-ybzpU_S5rHQ any idea what our ELTs are doing?

I’m getting 2 checks on 2/10. One from my current job and one from GF. Thank you TC.

AIP reaching 100% seems low based on every quarter exceeding financial targets in 2022. We will soon see the full year results but what I've seen in various meetings is GF exceeded 2022 revenue and gross margin targets so why isn't AIP more than... — read more 

Here is the list of various execs that have already called it quits with GloFo: AF the now CEO of Volumez, Iri decided to call it quits and take a break, PS who decided to go to micron as a supply chain VP need to track more that have disappeared

It’s coming. The industry has just begun to downturn. All you semiconductor newbies buckle up and enjoy the ride. For those of you laid off in Dec be grateful you got laid off while the severance was good and the job market is active. Many might... — read more 

Nice. Schumer has invited a Micron Employee from Syracuse to state of the union as a guest. Micron hustling for that Chip Act money. Where Gf though?

Happy to say that I’ve accepted a new job after being laid off. I took my time and turned 2 other offers down. The non-working notice period really made the difference in not being desperate. I don’t plan on notifying Gf at this point. I still have... — read more 

NYTimes articles published today. And the owner is the same as GF. Let’s see if they find something similar with GloFo especially with the fraudster Reeder as CFO

Finally, GF employees can in NY/Vermont may soon have some options and leverage. GF not looking like it’s in the game for Chips Act funding. In fact, GF is reducing its manufacturing footprint in NY. Sold Fishkill Fab and laid off in Malta and... — read more 

For those of you impacted and not aware. I confirmed with HR this morning that we are indeed accruing vacation at the full rate during the entire 90 day working period .

Anyone else heard about another 5% cut?

I'm curious for those who have left GF or will leave GF what percentage increases are you getting (assuming similar cost of living both places)? I will be leaving in early April, I'll be working in the same location I'm at, no relocation, I'm... — read more 

Being paid for 3 months and not having to work. Collecting a big severance check after those 3 months. Collecting lump sum cash for Health benefits after those 3 months. Still being paid your AIP/QPB bonus and not having to work. .. — read more 

Right before our earnings on 14 Feb. Reeder has been disposing his stock systematically since the first week of January. He has sold 117572 shares for a total of 6.6Mil. Everything is legal here but it does raise eyebrows if our earnings are going... — read more 

Let's get real and straight talk about GF's past, present and future state. In 2021 and 2022 there was a huge shortage of semiconductors, we all know the automotive story on new cars in parking lots waiting for less than $5 chips before they could... — read more 

I am an upper-level engineer at fab8 that gets pulled into a lot of things. Something I've noticed over the past 1.5-2 years is the lack of leadership in initiatives that come up. There is really no strong presence or driver in technical meetings... — read more 

I just accepted a new job this week after being laid off from GlobalFoundries back in December! I don’t have anything bad to say about GF that hasn’t already been said here. 🤣 My experience at GF is similar to the majority of you. While it’s been... — read more 

Please feedback any new add. Top post summary - GF round 1 layoff Q4,22 Globalfoundries is where the rejects, flunkies, castaways, untouchables and outright criminals go to when they have nowhere else to go, and all doors are closed to them... — read more