Topics regarding layoffs at GlobalFoundries

Topics regarding layoffs at GlobalFoundries

Nobody is safe

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 

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| 1820 views | | 6 replies (last November 15, 2022)
Post ID: @OP+1jHAVGRZ

Why make us wait and worry?

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 

I've been laid off two times before

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 

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| 1310 views | | 1 reply (November 13, 2022)
Post ID: @OP+1jGdi7WM

Registered in the Cayman Islands

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 

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| 1260 views | | 4 replies (last November 15, 2022)
Post ID: @OP+1jG7OW5z

November 23

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 

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| 1640 views | | 6 replies (last November 14, 2022)
Post ID: @OP+1jGwjQfh

ATUL was so correct

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 

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| 1840 views | | 8 replies (last November 13, 2022)
Post ID: @OP+1jGzwL6R

Those closest to the Wafer..

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 

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| 1350 views | | 3 replies (last November 13, 2022)
Post ID: @OP+1jGUl8vc

Understanding who calls the shots at GF

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 

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| 2450 views | | 8 replies (last November 14, 2022)
Post ID: @OP+1jGorykX

something is not right

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 

GF's current strategy will fail

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 

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| 1210 views | | 4 replies (last November 12, 2022)
Post ID: @OP+1jFrC40J

Layoff amid hiring spree?

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 

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| 1443 views | | 7 replies (last November 14, 2022)
Post ID: @OP+1jFW0k2I

Just joined GF this year and it is terrible

I had no option but to join GF as being on H1B, I did not have much option and timeline was against me. I can tell that management is terrible , incompetent, biased , non transparent. AME in particular is in deep sh-t as it is in hands of wrong... — read more 

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| 1430 views | | 3 replies (last November 12, 2022)
Post ID: @OP+1jFnYOcx

AME Golf Outings in Jeopardy?

With the upcoming cost cutting, are the monthly AME golf outings in jeopardy? Or will we be left only with the afternoon ping-pong tourneys in the cafe?

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| 980 views | | 1 reply (November 12, 2022)
Post ID: @OP+1jF5pL03

GF is left with incompetent managers, directors and VPs

Frankly I am in middle of resigning as I am really fed up with culture in GF. CEO finds way to confuse employees using his artificially created slides sometimes using Ebitda and some times gross margin.. whatever makes him sound good. Fundamentally... — read more 

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| 1530 views | | 5 replies (last November 13, 2022)
Post ID: @OP+1jFIXsrJ

A devastating fact

If I were a leader, it would be devastating for me to find out that many employees, despite everything, are asking what they could do in order to be cut. How many times have you heard such questions? It says a lot about the general... — read more 

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| 1170 views | | 1 reply (November 11, 2022)
Post ID: @OP+1jE293Ap

The Purge has begun

Low performers or quiet quitters, might want to call your mothers

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| 1700 views | | 8 replies (last November 13, 2022)
Post ID: @OP+1jEULKR1

Afraid that the severance pay will not be enough

This is perhaps the worst time to be laid off. What worries me the most is the state of the job market, where there is now a lot of competition and hiring freezes in many companies... Will the severance pay be enough until we manage to find new... — read more 

Short term savings long term cost. Finally back to proper staff since 3 years of rebuilding since the Pivot. Now this.

I was just telling my managers that we finally had reached the level of quality in the team that we literally had worked to recreate since the Pivot. I work with the labs and we were gutted. Now if we lose people again I will not be around to rebuild... — read more 

It's surprising to me

Some write here that their cuts were not surprising at all, considering the layoffs that are happening in many tech companies now. And yet, I was still surprised because we are terribly understaffed and I don't understand how everything will work... — read more 

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| 1370 views | | 5 replies (last November 13, 2022)
Post ID: @OP+1jEOnsUx

Layoff meeting today

Fab8 managers have an emergency meeting today at 14:00 to finalize layoff plans. The hammer will drop starting tomorrow.

real problems at fab8

I want to talk about the real problems at fab8. Not fake ones like understaffing, poor management or low pay that the serial complainers here post. So you're probably wondering what the real problems are. Well, here: too much microwaved fish... — read more 

Let them eat cake, err, ice cream

After having the worse employee IPO participation in tech, GF(directors and above), are now in NYC living it up and toasting a job well done. Too bad most of my friends have left in the last year for Austin.

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| 1700 views | | 6 replies (last November 4, 2022)
Post ID: @OP+1jqtlPJU

Open Positions and Recent Hiring

Has anyone confronted their managers about their teams being shorthanded? My manager said he isn't getting any qualified applicants for our engineering team. That and the number of open positions approved is half of what the team needs to be whole... — read more 

Favoritism

How is it that certain departments, say EHS, can now promote someone to management, with only one person reporting to them? Is this payback for something? Blatant favoritism? How do you justify a first line manager with only one report? Most... — read more 

GF hiring in Malaysia?

Saw a few job ads about positions in Malaysia. Another new fab or job outsourcing to cheap place?

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| 860 views | | 1 reply (October 21, 2022)
Post ID: @OP+1jhOxD47

fab8 coming full circle?

with seemingly more former fab7 people filling positions of influence at fab8, does anyone see the same issues from 2011-2014? like culture clashes between AMD and Chartered people (and some early IBM defectors)? shouting and shaming in meetings?... — read more 

Quiet quitting

Painful to work when you are surrounded by people who were quickly unfairly promoted, who are 1 to 4 levels above you, and you know you are much smarter than them? If you are stuck to the area and can't leave GF, what do you do? Quiet quitting! which... — read more 

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| 1770 views | | 3 replies (last October 5, 2022)
Post ID: @OP+1iXyzI89

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