Is the party email a joke? $6B company. So sad...at a complete loss for words.........
How many versions on GaN does GF have to waste money on?
GF can't seem to get GaN right. They started with IMEC some years back, then bought a version from Ratheon, then the past few years have licensed or bought other flavors of GaN from TSMC and others. Why is GF wasting so much money to get a version... — read more
Where’s the cash?
For everyone getting all bricked up about billion dollar investment announcements - just ask yourself some simple questions - where is the money? Do you see it anywhere on our books? Where is the new customer demanding any kind of capacity add? I... — read more
GF's market cap continues to shrink
GF's stock and market cap continues to shrink. The analysts finally caught on to the same BS story TC continued to give as CEO, they bought the story long enough for TC and DR (former CFO) to cash in a bunch of their stock at higher prices. So... — read more
Pump in that dump
https://en.wikipedia.org/wiki/Pump_and_dump
Yes, Sir. What a good idea.
After years of fighting it, I have finally figured out how to play the game. It’s actually easy once you know how it works: 1.) Strip yourself of your identity and any sense of self 2.) eGet it through your head: You do not exist to contribute. ... — read more
Checks up to $400 Are Being Mailed to Eligible New Yorkers
https://www.governor.ny.gov/news/governor-hochul-announces-inflation-refund-checks-are-now-being-sent-82-million-new-york
Layoffs Continue
~350 total between F1 and F8 (2.7% of total headcount) will likely go by end of year. Get your backup plans in order, it’s just business.
Trump imposes $100K fee on H-1B visas in new immigration action. India Times.
Trump imposes $100K fee on H-1B visas in new immigration action. India Times.
ONEGF Survey is live (Big One)
If you are a new or old employee you should have received an email from -Microsoft Viva Glint- for this anonymous survey. There are 30 questions total that have ratings on a 1-10 scale (1 meaning strongly disagree, 10 meaning strongly agree) you can... — read more
Mubadala remains the majority owner of the company with an 82% stake United Arab Emirates.
Mubadala remains the majority owner of the company with an 82% stake United Arab Emirates.
HR
I recently left from the HR team. While I was only there a brief time it was the most toxic environment I have ever worked within. Politics galore starting at the top!!! Major change is needed for HR leadership!!! Get out like I did!!!
F8 Utensils
any news on utensils @F8 since I left? LOL I still laugh thinking about that. What a joke that place is...
Are they really wrapping up layoffs this week?
I feel so sorry for everyone who’s been let go. I truly hope they’ll land on their feet quickly, with better opportunities and a bit more luck on their side.
We are effectively leaderless
It’s because our leadership doesn’t know how to lead. Extremely poor communication upward and downward. Probably the worst in the industry. It’s why we are perpetually in the position we are in externally and internally. Literally All of them need to... — read more
Walmart Kickback Scandal Rumours Fuel Fresh H-1B Visa Debate Among Indian Workers
Walmart Kickback Scandal Rumours Fuel Fresh H-1B Visa Debate Among Indian Workers
Still no idea which roles or how many people will be impacted?
Why is it so hard to let us know in advance, instead of leaving us stressed out for an entire week? Well, more stressed than usual.
Layoffs announced at all hands meeting tonight. Site director quote below.
Towards the end of the meeting the site director said, "Another topic i want to address, some of you have seen or heard the news about layoffs at the Fab8 site. Team i want to talk about as we evolve our team structures and position our the fab for... — read more
Good luck to all of us
What else is there to say? This probably won't be the last 'adjustment' in the near future.
Another layoff, oh sorry adjustment smh
https://www.timesunion.com/business/article/globalfoundries-makes-adjustments-workforce-20884231.php Wow so instead of Christmas layoff, they made it start of school year one lol. Left that toxic company 2 years ago, and been happy ever since.
US to take 10% equity stake in Intel, in Trump's latest corporate move
Please treat GF the same.
Big crisis for Indian H-1Bs’: Viral post red-flags ‘PERM sabotage
Big crisis for Indian H-1Bs’: Viral post red-flags ‘PERM sabotage,’ can spark layoffs A viral post on an anonymous professional forum voiced concerns about a big 'Indian H-1B crisis' due to arising setbacks for many during the PERM process in the... — read more
Job cut
I am part of the job cut 😢 this morning was my last day, have interview set up, will probably have to relocate out west. Good luck to the survivors, there's a future out there if you want it. 😺
HR giant Workday says hackers stole personal data in recent breach
https://techcrunch.com/2025/08/18/hr-giant-workday-says-hackers-stole-personal-data-in-recent-breach/ Workday, one of the largest providers of human resources technology, has confirmed a data breach that allowed hackers to steal personal information... — read more
Offset
GlobalFoundries Inc. owes Katana Silicon Technologies LLC $9.2 million for infringing a patent by selling semiconductor products. GlobalFoundries GaN Chip Manufacturing Advances with $9.5 Million U.S. Federal Funding
Empower substandard app
Anyone else having issues with the worse decision GF ever made, switching from fidelity to Prudential/Empower
GF vs TSMC (My Experience Working at TSMC Arizona For 4 Years)
TSMC assessment, the grass isn't always greener, taller yes, greener no. https://www.reddit.com/r/Semiconductors/comments/1m96m4f/my_experience_working_at_tsmc_arizona_for_4_years/
China for China
What is China for China? I heard this in AMD and GF press releases lately. Is it a tax break?
Mid-year reviews?
How is everTone doing?
GlobalFoundries Inc. owes Katana Silicon Technologies LLC $9.2 million for infringing a patent by selling semiconductor products.
Please Help India!!
July layoff?
Rumor has it that there will be another in Jul. It is almost the end of July. Anyone can confirm?
H1B Visa Sponsor(Employer)
Rank H1B Visa Sponsor(Employer) Number of LCA * Average Salary 4 Globalfoundries U.S.2 in Vermont 13 $118,105 97 Globalfoundries in Malta 47 $120,892
GF part of ribbon ceremony for next generation EUV?
No idea why Caulfield was at the NSTC EUV accelerator ribbon cutting ceremony? GF isn't even involved in EUV and is doing nothing with advanced nodes. I guess since Caulfield was replaced by the guy who was pulling his strings for many years, this... — read more
Microsoft laying off about 9,000 employees in latest round of cuts (4%)
Microsoft will cut less than 4% of its global workforce across teams, role types and geographies. The software company also announced layoffs in May affecting around 6,000 people. Executives are still trying to reduce management... — read more
Holding company that owns majority stake in GF
Abhu Dhabi is pretty close geographically to Iran. Hopefully, nothing drastic happens. Crazy to think they would sell their ownership in GF off, given what is happening in that region?
Café Price Increase Incoming
SLT reviewed café prices this week, citing inflation as the reason. Get as much gristle as you can while it's still 12 dollars a pound. Once autumn comes expect major increases. Feels like another reminder that the perks at GF are running... — read more
Goooooood News
GlobalFoundries to establish design centre in Kolkata, India The new centre aims to enhance the company's footprint in semiconductor manufacturing in India. Runjhun Pathak 6 June, 2025