Topics regarding layoffs at GlobalFoundries

Topics regarding layoffs at GlobalFoundries

From top to bottom toxic culture..

this company indeed have toxic culture, even the old ladies at cafeteria also showed the bad attitude to worker.. food is terrible and bad behavior from the cafeteria...

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| 1210 views | | 6 replies (last December 28, 2022)
Post ID: @OP+1ko9fzW8

There are many reasons to leave

This has not been a place that appreciates talent for a long time now. GF has proved it in many ways. The company could have been much better, however the most talented are the least valued and there is no hope that GF will get back on track. There... — read more 

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| 1240 views | | 2 replies (last December 27, 2022)
Post ID: @OP+1knVqpw2

Lost trust

Leadership which employees do not trust - that should not be called a leadership at all. When did you lose trust in them?

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| 1090 views | | 3 replies (last December 27, 2022)
Post ID: @OP+1knkX6G8

I'm dreading tomorrow

I can't tell you how much I'm hating the fact that I have to work tomorrow. It's not the work itself, it's this place. I'm so tired of GF and its cr-p. I desperately need to leave but I haven't been lucky enough to get a decent offer just yet. I'm... — read more 

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| 1140 views | | 3 replies (last December 28, 2022)
Post ID: @OP+1knpmhqQ

Feeling ashamed in GF

GF has gone so low in reputation that I feel ashamed telling anyone that I work in GF. This is not good for me and my mental health and am sure most of my peers are in same mode. Trying my best to get out of this he-l.

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| 1280 views | | 7 replies (last December 27, 2022)
Post ID: @OP+1kmEjudz

Santa Clara layoffs

They laid off a bunch of us in Santa Clara too. Not sure of the exact number. For the last quarter, we had been told to train GF Bulgaria employees how to do our jobs. Merry Christmas!

Top 5 best posts so far during round 1 layoff in W4,22

Please feedback of this is correct priority. Level 1 and level 2 managers are key reasons why GF is dying. Our direct management are the true nodding “yes,” men of the company and it’s their incompetence, ineptitude and just general lack of... — read more 

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| 1500 views | | 4 replies (last December 25, 2022)
Post ID: @OP+1klEY9Pd

221 laid of in Malta per WARN

Does anyone know why they reported it to WARN since under 250 people? I read the WARN regulations and the only way they’d have to is if they are doing another layoff of at least 29 within three months of that layoff. The voluntary retirements don’t... — read more 

Headcount reduction is not going to help

Company like GF is missing strategy and niche to survive. Do not see how this 7% reduction and 220 million saving with help company survival other than just making stock look better at Wall Street. This is terrible but real issue that GF is... — read more 

We need new leadership

Laying off employees as a way to increase profits is an outdated and short-term solution that indicates the current management team does not have any good ideas. Let's face it, they are a one-trick pony. They haven't done anything good to move the... — read more 

IBM to GF

management at IBM had to be one to the worse I have ever seen. writing was on the wall. there was no long term investment... all they care about was quarterly stock price. when GF took over, same IBM management ran the company. no surprise on the... — read more 

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| 1300 views | | 6 replies (last December 22, 2022)
Post ID: @OP+1kjKMX01

New Building during layoffs

I see the construction contractor signs remain. GlobalFoundries has money for buildings but layoffs continue. This is NOT an American-owned company so expect no loyalty. How many of the “local people” promised to be hired in the expansion of 2011... — read more 

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| 2640 views | | 24 replies (last December 22, 2022)
Post ID: @OP+1kiF9Llw

Best posts summary during Q4, 22 layoff

Hi, Here is summary for round 1 layoff in Q4,22.. let us keep summarizing this for next round. Globalfoundries can’t copy homework right Layoff will continue until moral improves … Someone wrote great lay-off poem Bkm to survive in GF -... — read more 

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| 1380 views | | 4 replies (last December 21, 2022)
Post ID: @OP+1kifDBux

Real layoff for Malta and Burlington

When Tom spoke at the All hands to announce potential layoff he said 5% So far 7% or > on both US sites. Malta 3000/220 Vermont 2000/148 Will be interesting to see the numbers out of Dresden and Singapore. More lies/miscalculations from... — read more 

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| 1700 views | | 4 replies (last December 22, 2022)
Post ID: @OP+1khnUpQe

Best post so far

Globalfoundries can’t copy homework right Layoff will continue until moral improves … Someone wrote great lay-off poem Bkm to survive in GF - saw a-s licking and boot licking came as dominant traits to become up to director and someone... — read more 

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| 1140 views | | 2 replies (last December 20, 2022)
Post ID: @OP+1kgXF8Q8

CHIPS Act Money

With GF only having 2 bottom feeding Fabs in the US, being incorporated in the Caymans, and the majority stake holder being a foreign government, how much of the Chips Act money do you think GF is actually going to get? Curious

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| 1260 views | | 4 replies (last December 20, 2022)
Post ID: @OP+1kgL79QL

Lesson learnt

I was laid off recently. Came as a surprise to me because I was under believe that no one can touch me and I was indispensable. It is sad and hard to believe but it happened. I was busy with my project day before and worked very late evening as... — read more 

TC will find way to keep GF surviving

I see majority of posts saying GF will not survive .. I still need stay in GF as daughter is going in senior high school year and I want to stay at least one more year if GF can survive . Here are my arguments GF was almost closing in 2014 but... — read more 

Best posts so far

Hey .. let us take few moments to put top 3 .. so much creativity here .. ha ha Layoff will continue until moral improves … Someone wrote great lay-off poem Bkm to survive in GF - saw a-s licking and boot licking came as dominant traits to... — read more 

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| 1360 views | | 3 replies (last December 18, 2022)
Post ID: @OP+1kexFZso

Not a single successful development at GF

We were really lucky that Samsung licensed their 14 nm to us and we are surviving since 2014 while running their borrowed technology to AMD, QCOM, Marvell , Mediatech and few others. Thanks to Samsung. Now what next ? We do not have a single... — read more 

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| 1360 views | | 2 replies (last December 17, 2022)
Post ID: @OP+1keNQwEz

Better sooner than later

I'm not gonna lie that I'm not glad that I survived and that I have a chance to look for a new job while I still have a job, but on the other hand, if it's true that the package for those who are laid off in the next round will not be as good as... — read more 

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| 1560 views | | 7 replies (last December 17, 2022)
Post ID: @OP+1kdCArQa

So all the 22nm, 12fdx and photonics is being back burnered. I've been here a long time and GF hasn't created a new product on its own.

So was told we will be slowing all the 12fdx, 22nm and photonics to make room for overflow from other gabs. We failed 20nm, 14nm where we then had to buy Smasungs tech, which is why we're are still in business. 7nm was as we know a Complete and utter... — read more 

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| 2030 views | | 9 replies (last December 27, 2022)
Post ID: @OP+1kdl4gmv

It will get better

I've been where some of you are right now. I know well how much it hurts to lose a job you love and how difficult it can be to keep your head up and keep moving forward when it feels like there's no end in sight. But once I left GF, I realized... — read more 

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| 1270 views | | 4 replies (last December 16, 2022)
Post ID: @OP+1kdmgqKD

I survived but I do not care about GF

I survived but clearly the layoff has created enough irreparable damage that Will be more than enough to sink the GF. I am already applying and so are my peers. No motivation to stay. All the bad and incompetent managers who are a-s lickers survived... — read more 

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| 1460 views | | 7 replies (last December 17, 2022)
Post ID: @OP+1kdG7si1

If TC coached the Yankees

Great year team, we won the world series, but no rings cause we may not win next year. But we'll have to ax some of you older fellas who got us here cause we expect you to grow a bit older during the off season.

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| 1030 views | | 2 replies (last December 16, 2022)
Post ID: @OP+1kdpOUim

All Hands

All Hands post of what was discussed.

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| 1690 views | | 3 replies (last December 16, 2022)
Post ID: @OP+1kcR8nek

We are looking at a short reprieve, not a full stop

This round will finish up by tomorrow morning. My guess is the next round will be early Q2 2023. This right here. I don't see anything happening for the remainder of the year or early in 2023 after this round is wrapped up. But we are far from... — read more 

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| 1460 views | | 6 replies (last December 16, 2022)
Post ID: @OP+1kcSJVXa

Don't feel bad if you are impacted.....

GF run by bunch of consultants starting from the chairman. Tim Breen and his Mckinsey gang will never go away. They have no clue about manufacturing or wafer fabrication. What they know is to pay Mckinsey millions of dollars to provide lip service... — read more 

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| 1530 views | | 1 reply (December 15, 2022)
Post ID: @OP+1kbdyhDv

The Survivors

Is anyone not fired planning to aggressively look for a new job now ?

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| 1970 views | | 7 replies (last December 15, 2022)
Post ID: @OP+1kbxCpuA

Reason for layoff

I would have preferred that they didn't give me any reason for cutting me, than the explanation I got which makes no sense and which only frustrated me even more. I am very self-critical, but what was stated as the reason for layoff is absolute... — read more 

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