Make us work a full week then some of us get the axe. My dept is holding a work stoppage Tuesday.
F8 AllHands 12/15
Interesting how they’re apparently not going to record this one. Does this timing support the theory that they’ll execute the walkouts on Tuesday/Wednesday? I assumed E shift would at least get to stay until Friday, but maybe not.
Trust is destroyed
After all this, I don't believe that anyone has trust in leadership anymore. Their terrible way of management, all the lies we have heard have led to an atmosphere of mistrust in this company. How will they later restore the lost trust? It will be... — read more
Bigger worry is- Layoff is going to be an instrument
It is clear that Tom is using Layoff as an instrument to make numbers like good to Wall Street. Is not this end of the GF story then? In Globalcast only thing I got was that reduction will improve operating margin..really??? Does this mean that we... — read more
Main target groups?
I am interested in who will be the main targets, although it is not wise for anyone to assume that they will be safe.
Uncertainty of the next days
I still haven't received a meeting invite. I am worried because my children's education depends on this job. If I understood correctly, the uncertainty of whether I will be cut in this round will last until Thursday next week?
TSMC to increase investment in Arizona to $40B
TSMC to increase investment in Arizona to $40B as Biden visits chip manufacturer https://thehill.com/homenews/administration/3762900-tsmc-to-increase-investment-in-arizona-to-40b-as-biden-visits-chip-manufacturer/
What an absolutely horrible way to treat a group of people that they call Team. They should be ashamed of themselves. Why work hard anymore?
All the hard work put in from largely not industry people here and they sh-t all over us like this. If I see Tom say team one more fu----g time in an email.
What’s the date?
Do we know the date? Will people get “meeting invites” the night before?
PB canceled holiday party, lied and Fab 10 had theirs.
Baldy canceled the holiday parties but not for Fab 10. Seeing posts on FB for it.
I don't expect fair layoffs
I wish it won't be like that, but I'm guessing that the main target will be those who really do their job well, while those who keep low profile and are here on autopilot will somehow manage to keep their jobs.
Why do you think that there will be much more than 700 impacted?
I think that 700 is already too many people, but I hope that the predictions of those who think that the number of affected could even double will not come true.
How will all this look after the cuts?
The only reason I would like to survive these cuts is that it is much easier to find a job when you already have a job. I wonder what GF will look like after the cuts? It is obvious that there is no plan to fill the gap and that the survivors will... — read more
Burlington equipment reallocation.
Our group at Fab 8 was tasked with an equipment capital reallocation from Fab 9 targeted for Q2 2023. Any other Fabs sourcing tooling from Burlington? We are eyeballing a total of 8 300mm platforms. Has anyone at Fab 9 initiated decommission talks... — read more
December Globalcast re-cap opinion
Go back and re-watch the globalcast after reading these points. TC, CFO, HR rep all struggled to contain their emotional states. This is odd. I've been through several layoffs at this site and others in my career. Never have I seen so much... — read more
Axing Phoenix to save cost
Such a fanciful project coined for their own job security for 5 years and beyond and still in visioning stage after more than a year. This deserves to be axed to save the hundreds of millions.
Dec 1st Meeting opinions...
I watched the meeting ( announcement) and here are my observations: I never seen TC so emotional! He was struggling to find the right words (this was in the beginning of the meeting. He continued to struggle to cover up this situation during the... — read more
PTs start working IN the FAB and look essential!!!!
TC/GF will be looking into outsourcing all the work from home and non-fab essential employees to Singapore - ESPECIALLY NIGHT SHIFT.
Do you think the biggest cuts will be in the US?
That is, is there anyone who doesn't think that US will be most impacted?
Will new hires be the first to go?
Normally I would assume so, but since it was mentioned that they would be targeting executives/management specifically I'm not so sure.
Next week or 12th?
Seen in press next week, then seeing 12th thru 16th. Is it that managers know next week or impacted know or what?
Should I worry?
If I come into work late every morning am I at risk to be laid off? Asking for a coworker.
730 Employees to be Laid Off
14,600 employees * 0.05 (or 5%) = 730 Employee Counts: "five manufacturing sites on three continents with approximately 14,600 employees" Page 30. SEC Report 10-K, published March... — read more
Bingo
Play along tomorrow https://bingobaker.com#8ffb9a92cdbaf2be
GlobalCast Q&A thread for 9AM 22/12/01
Use this space during the live event
I can no longer focus on my work at all
Being realistic about the time and effort required to get a new job, I have enormous anxiety about what will happen if I lose my job. Anyone managing to stay focused at work?
Our manager tries to make us feel safe
It is interesting how much the manager tries to make us believe that our positions are safe. Anyone else have such a manager? I hope that not many buy into it so that later they don't regret not being more proactive in looking for new offers.
Waitinggggggggggggggggggg
I doubt we will get any useful info from TC tomorrow, he will probably give an usual corporate speech about economy, inflation etc, and not any specific details. Lot of people will be disappointed after waiting for so long. Just my take.
New update
Just in and confirmed. They are targeting people who cook fish in the microwave
The number of those who would like to volunteer
I would most rather get a voluntary package and forget about this place. Also I think at this moment most people would be very happy to volunteer. True? This is the reason why GF does not offer voluntary packages first, because no one wants to be... — read more
How will GF attract talented people later?
After these cuts, I think it will be harder than ever for this company to attract talented employees. I would never come back here again. Leadership moves do huge damage to the company in the long term.
The primary needs are never to have happy employees
If you haven't learned by now - the primary goal is never for us to be happy and therefore more productive, but to boost stock prices and for the leadership to fill their pockets. It's all just business == > With that in mind, we should also... — read more
FAB 8 Starting EOB today
Starting EOB today continuing through EOB Wednesday. Good luck folks.
what are the chances
that the amount of work to do will decrease for teams that are affected by the layoffs?
RBA Audit
Will be a very interesting ethics audit
Just waiting
Remember how TC’s video said they respected the people feeling the stress of uncertainty and would make the moves as quick as possible? I’m sick of waiting, and will be surprised if TC feels safe in a room of 300 people to give out more bad news on... — read more
Paid Union Busters Beware. We're fighting back.
https://aflcio.org/formaunion/contact