Topics regarding layoffs at GlobalFoundries

Topics regarding layoffs at GlobalFoundries

Essential?

March 2020 Flashback the posters went up all through fab9. You are essential and need to work. We were deemed essential making wafers now F@&$ us over. Another profits before people company even after record breaking last three quarters. Tom C... — read more 

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| 1920 views | | 2 replies (last November 28, 2022)
Post ID: @OP+1jTetcq4

How GF reached to this low

I thing credit goes to TC for bring GF to this low where it is today. If you see, it was clearly coming all through these years but instead of telling truth, TC kept leaking lie that GF will survive with so called feature rich model. All BS. Anyone... — read more 

If the layoffs are after global cast…

I don’t think they will be next week if after global cast as they usually like to do all five shifts over two days so would do Tuesday/Wednesday or Wednesday/Thursday.

GF will survive and continue to make chips

Have seen countless down cycles over the past 30+ years. GF will survive and continue to make chips. Eventually it will get sold and change control. The semiconductor industry has had a spectacular run. This was overdue. It won’t even be a bad one... — read more 

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| 1690 views | | 5 replies (last November 27, 2022)
Post ID: @OP+1jS9Ekj4

Instead of typing a wall of bitterness here...

You could whine all day here and complain against the inevitable, or you could use that same amount of time, and reach out to your ex-coworkers that have found gainful employments elsewhere and more than happy to help you network for the... — read more 

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| 1520 views | | 3 replies (last November 25, 2022)
Post ID: @OP+1jR6sZI3

Many will regret that they invested so much effort

Unfortunately, I think that after the axe falls, those who put in the most effort and gave their best will be the most disappointed. It's been clear to me for a long time that a lot of things here are fake and that the best off are those who do... — read more 

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| 1290 views | | 3 replies (last November 30, 2022)
Post ID: @OP+1jRrSgsk

Seems they didn't even bother to save the jobs

https://vtdigger.org/2022/11/21/as-globalfoundries-warns-of-pending-job-cuts-employees-express-frustration/ *“Can none of those massive profits be used as a bridge to keep knowledgeable employees on the payroll?” the first employee asked. “It... — read more 

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| 1360 views | | 2 replies (last November 25, 2022)
Post ID: @OP+1jRsrPfz

Happy Thanksgiving

To all you fab workers and covering engineers working on this Thanksgiving Day instead of being with their families You are the true ones of GF. Enjoy your free lunch.

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| 1010 views | | 1 reply (November 24, 2022)
Post ID: @OP+1jRHupyH

How valued do you feel at work?

I'm asking because it feels like not only does the ELT not respect or value employees, but they actively despise us. My former employers were not perfect either, but at least I knew my contributions were appreciated and rewarded accordingly. None of... — read more 

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| 1260 views | | 4 replies (last November 24, 2022)
Post ID: @OP+1jRAnlPH

My team is already in turnover contagion

What GF and its terrible and horrible managers, directors and VPs do not realize that layoff has ripple effect. It is so demoralizing for those who remain in the company. We had so tough time and hardly came out of 7 nm pivot and it’s affect. Now... — read more 

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| 1890 views | | 5 replies (last November 26, 2022)
Post ID: @OP+1jRmGemE

To all, GloFo's here...

Remember that you are more valuable than this! You need to save yourself and your families, no one is coming to save you.

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| 1070 views | | 1 reply (November 24, 2022)
Post ID: @OP+1jR3Mywm

GF has been and always been a sewer

Come on folks, once they cried Uncle to even deliver 7 nm it was over. What a laugh the GF story is. GF is probably more tied to the cheapest consumer chips. Only desperate losers that can't even order a chip from TSMC. TSMC has 3 nm test chips... — read more 

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| 1460 views | | 3 replies (last November 24, 2022)
Post ID: @OP+1jQwzmNm

My relationship with GF is purely transactional

I don't care at all anymore. If the company's leaders don't care about the rapidly sinking future of GF, why should we? I used to be frustrated by all the wrong decisions of the leadership, but since I changed my attitude in general and decided... — read more 

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| 1390 views | | 4 replies (last November 26, 2022)
Post ID: @OP+1jQo6xg3

Protected Concerted Activity - Be a hard target

GF doesn't touch the workforce in Dresden because it's a hard target. The government and Union protect those workers, and if there is a workforce action, the process is very well-defined, expensive, and complicated for GF. Currently, GF leaders are... — read more 

Outsource plan

It is increasingly obvious that the leadership intends to outsource as much as possible. I think that it is a very short-sighted plan, but only time will tell. I wonder if there are any roles in this company and in the tech industry that are the... — read more 

At this point almost hoping

After nearly 2 weeks of waiting and wondering, I am over it. GF has revealed itself as a clusterf”ck of a company. Hope having GF on the resume doesn’t hurt me in my job search. Either way I am leaving GF through layoff or quitting. Gonna head south... — read more 

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| 1680 views | | 7 replies (last November 23, 2022)
Post ID: @OP+1jPwlxuy

CEO should be removed

Just recently, Disney CEO B.C. was let go. Reports say that he wanted to make profit margin higher through cost-cutting measures, a hiring freeze, significant layoffs, and setbacks. Given the history of Disney, they never did such a thing in the last... — read more 

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| 1330 views | | 2 replies (last November 23, 2022)
Post ID: @OP+1jPWNizR

New head of supply chain

Welcome Ms Ashlie Wallace. This is going to fix GF. https://markets.businessinsider.com/news/stocks/globalfoundries-appoints-new-head-of-global-supply-chain-1031928478

TC learn from this!!!

https://www.theguardian.com/commentisfree/2022/nov/21/elon-musk-went-on-a-firing-frenzy-at-twitter-now-hes-paying-for-it

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| 1090 views | | 5 replies (last November 22, 2022)
Post ID: @OP+1jO0idiv

Great way to thank all of us

We will be punished for building the company to be able to go public. Despite COVID, record profits. This is the big thank you we heard about for years. Sad how this happens. Work every day through the entire epidemic for nothing.

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| 1600 views | | 8 replies (last November 22, 2022)
Post ID: @OP+1jNO9rP5

Malaysia outsourcing

I spy with my little eye, job postings for Penang, Malaysia. Yield, PI, Test, and AME Process Engineers. They’ll be supporting multiple fabs. No wonder they’ve been investing so much effort in Cloud infrastructure… Google is your friend. Good Luck. — read more 

Good ones already left GF

I know this post will not be liked by my peers in GF but fact is that all good talent has already left GF. Not many good ones left and if there are few left , they are planning. I do not see reason to complain as second tier foundry with third grade... — read more 

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| 1940 views | | 9 replies (last November 21, 2022)
Post ID: @OP+1jM0nhIV

Management Layoffs and Reorg

There is a decent amount of historical evidence that the direction GF needs to go is offload a good amount of their management chain. They laid off a decent amount of managers during the 7 nm pivot, and GF did alright, but the problem is they... — read more 

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| 2090 views | | 9 replies (last November 21, 2022)
Post ID: @OP+1jMJbcxZ

EFK FAB10 layoffs in 1Q23

Just got off a a meeting with GF executives (Ivers and clark included) and ON Semi executives. massive layoffs at FAB10 come 1Q23. Due to the purchase agreement and NYS incentives, they need to hire the employees first in January and then notify of... — read more 

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| 1960 views | | 5 replies (last November 21, 2022)
Post ID: @OP+1jLYqZFb

We need layoffs truly based on performance

All the layoffs we've had so far have resulted in good people losing their jobs and left the incompetent as-----s who destroyed the company in charge to continue ruining GF further. Imagine if for once layoffs got rid of the worst performers... — read more 

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| 1501 views | | 8 replies (last November 18, 2022)
Post ID: @OP+1jLFyiyZ

TC made the front Page

https://www.timesunion.com/business/article/Showered-with-subsidies-GlobalFoundries-Micron-17592042.php?IPID=Times-Union-business-spotlight

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| 1290 views | | 3 replies (last November 18, 2022)
Post ID: @OP+1jLSWM92

Today

Word is E-Shift at Fab8 today get their walking papers. To all my coworkers who will be impacted, keep your head up and know you are better than GF. Best of luck!

This could be just start

I think we should plan to just leave GF as soon as possible. No point on staying in this he-l which has lost its edge, credibility and trust with employees. I will not be surprised if we see few more ATULs stepping up. We can not blame anyone if we... — read more 

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| 1570 views | | 7 replies (last November 18, 2022)
Post ID: @OP+1jLzZW3t

Free-Will

As far as I’m aware, aren’t we all at-will employees? Those that have backgrounds in semiconductors- there’s other companies to work for worldwide. Those who mayve even spent the last 10 years in semi- most likely have educational backgrounds in some... — read more 

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| 1210 views | | 3 replies (last November 18, 2022)
Post ID: @OP+1jLKpkLG

The company is stuck in the past

Some might disagree but I think that GF is seriously stuck in the past. Those who are no longer here are lucky, because working here is ok only if you don't mind allowing your skills to atrophy. For this reason, I hope that there are not many who... — read more 

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| 1010 views | | 2 replies (last November 18, 2022)
Post ID: @OP+1jKOGPer

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