The current situation has dropped employee morale to new depths. I didn't think it was possible because it was already near the bottom but I was wrong. It almost feels sometimes that the leadership is doing it on purpose. I know that's not true, but... — read more 

Well, GF made me shave my beard off for respirator fit test and they are probably going lay me off. Yay me.

Like many of you who stayed with Global after the traumatic layoff in 2018 my whole department was gutted and was seeking answers. In the all hands meeting about 2 weeks after the "Pivot" Tom had said "This was a hard strategic choice to make but... — read more 

It is unbelievable how many people only now, after so many years wasted here, feel cheated and lied to during their career at GF.

Remember GF's history is not that of a greenfield startup and organic growth, but is full of acquisitions, mergers, technology licensing, and greedy, insecure, corrupt management that nourished a culture of sycophancy. GF started because some smart... — read more 

People work hard to get where they are just to be used up, walked over, and finally dismissed like they never existed. This company has lost its core values, forgotten why it exists, and will be in endless “transition” until it disappears. There's no... — read more 

PB @ the last all hands cheer for us hiring quickly cheer for 1/2 off the cafe cheer for a Christmas party F8, great place to work, go get your new lanyards PB today layoffs limit travel don’t mind me, I was just partying in NYC the death... — read more 

better parking spots the return of the Muffa melt cleaner urinals 6ft social distancing - EVERYWHERE finally get that guy's zoom desk ...

Is there anyone here that was laid off in 2018 that was offered/accepted a severance package or an early retirement? Can you share the numbers that were offered?

Without trust in the leadership, no one will invest too much effort to help create a high performance company. After all, who here still has trust in our leadership? I don't think that many do, so the work performance will drop significantly. The... — read more 

Paraphrasing: “ Just wanted to remind everyone, that we ask all employees to continue to wait and worry. Layoffs are coming and your lives will be upended. In an effort to appear like we care about fiscal responsibility, we are canceling what could... — read more 

My biggest worry with GF going forward is it’s ability to scale. In absence of cutting edge node and volume, GF will continue to be in this cost cutting loop again and again and again due to motivation for CEO to artificially make the balance sheet... — read more 

This site isn’t helping with the pending layoffs. Speculation and bickering is rampant here. Deleting this bookmark.

https://www.theregister.com/2022/11/14/globalfoundries_layoff_reports/

I really wish that I could say that I would gladly offer myself as a candidate, but still... When I think of the dismal market, I would rather stay here for a while longer. That's why I was surprised to read so many posts by people who supposedly... — read more 

Considering the good earnings result, as well as the fact that a huge number of people are leaving the company, I don't understand the purpose of these cuts, which are very poorly planned. Perhaps someone can make some sense out of all this? In... — read more 

Word has it GF is going to lay off 10,000 fifty year old employees from Malta alone, and keep the fab running. Trust me. Very reliable.

250 or more Employees would trigger the NYS 90 day WARN Act. As of now, GF has not notified NYS, formally. You can can keep track as to If/when this happens at this link to WARN Act Notifications. You can also contact NYD Dept. of Labor with any... — read more 

Based on reliable sources Malta alone is close to 500. Employees with 50+ years of age will be selected mostly from AME and integration. Also heard there will be volunteer retirement offer just like previous years for people reaching 55 years and... — read more 

GF’s reality is Mubadala, who still owns 85% of the company, is a sovereign wealth fund of the UAE. The UAE saw a 6.1% GDP decrease last year & is more aligned with Russian interests than the free world. Widely regarded as substandard concerning... — read more 

Department Job Level annual salary years with the company And also good luck out there. Sincerely. I can't fathom what you are feeling.

Walked this morning at 07:00 from the cleanroom to a conference room then to the front door. Laptop,keys,badge,phone in exchange for exit package.

With layoffs looming, the only people who are guaranteed to make it through are kiss-as--s and the ones who can backstab their way to the top. Among the rest, nobody is safe. It doesn't matter how long you've been here or how knowledgeable you are... — read more 

My guess is 249 people and a 60 day severance…. What are your predictions?

Nice little email right before the weekend! Paraphrasing “Hey everyone, you might be getting laid off but we can’t tell you who, how many, when or even where. Please feel free to worry and speculate! “ I swear this fk’r is tone deaf. If I survive... — read more 

"GlobalFoundries CFO David Reeder said earlier this week during the company’s Q3 earnings call: "For the full year 2022, we now expect total gross CapEx to be between $3B and $3.3B, impacted primarily by the well-known delays in capital equipment... — read more 

Each time, I was shocked and devastated. And each time, I was able to find new opportunities quickly—in part because I was already focused on my job search. I've had to learn the hard way that it's important to stay engaged with the world around... — read more 

Can GF still bank from the CHIPS act even though the company has tax exempt status being that the company is registered in the tax free haven of the Cayman Islands? Let's see doesn't pay taxes, boasts record profits, and layoffs all in the same 4... — read more 

I've seen this mentioned as the day of layoffs, how accurate is this information? Was there an announcement I somehow missed or is this still just speculation? It's easier to know the date than to keep stressing over it every single day, so I hope... — read more 

ATUL sacrificed and went ahead to send the details to all in company. Sad that no action was taken on any of highlighted in power point. Even worst that those tendencies prosper still and now have taken a root in GF. Deep cleansing is needed in GF... — read more 

Hi all, I am willing to collect input/ suggestions via this post and prepare to file law suit before or after GF action. I will need your help if you are impacted and come under this category to fight for all of us. Please like, suggest and let me... — read more 

Equipment Maintenance Technicians, facility Maintenance Technicians and chemical Ops, fear not. Worst case scenario you’ll be kept around and needed to decommission the equipment should the Fab get shuttered. Even in downturn periods, you’ll be... — read more 

As a former GF employee and having moved onward in 2022 to pursue higher paying opportunities, I'm not sure people understand how GF is really run. The investment firm Mubadala still owns 85% aprox of GF's stock. So even though GF is a public... — read more 

Enough is enough. What else we need to bear these low performance people?

Have it on a very reliable source that R&D, Sales /Marketing and Purchasing will most heavily impacted.

State of the company: suffered from high attrition the last 2 years a lot of positions have not been backfilled (no approval) teams have struggled to hire competent replacements where allowed morale already low Then what happened the past... — read more 

Being a former employee at GF I still have a lot of friends who are there since I left in 2016 and took a job at a smaller company, best decision I ever made!! Overall, I wish the company well and hope they will succeed. I still have many friends... — read more 

Should I be worried about more layoffs next week?

I left Glofo already, but just literally earlier this week I saw a few managers from Glofo at the SUNY Nanotech recruiting. From my friends that were still there I know my former team has just begin to refill the vacancies as well. I don't understand... — read more