Saw they vested in the Fidelity account. Yet sell Option is not available and the grants haven’t been taxed.. Couple of days?

I’m hearing that everyone (Malta) who usually gets their paycheck deposited this morning isn’t seeing it yet… What’s going on in that HR/Payroll department?!

Been reading some posts on here and bring a counter point. It’s funny, I observe the same people who complain about too much work, not enough people are also the lowest of performers in the company who tend to bask in the tedious day to day status... — read more 

https://www.wsj.com/articles/chip-giants-to-build-factory-in-france-as-global-supply-race-rolls-on-11657548481?siteid=yhoof2 Any opinions on this? I have a feeling this JV won't come to fruition when the cycle busts.

https://humanresourcesonline.net/winning-secrets-trust-partnership-are-the-two-main-values-driving-globalfoundries-s-employee-experience I do not understand in which parallel universe are these guys in

My bet is on the finance guy. Anyone else comes to mind?

Raises will hit for Level 1-5. Rumor is 5% immediately. Job level 6 will get equity options that reach maturity in 2 years. That is at least something for some people. For J6+ enjoy your raise in 2 years. Because you know inflation only hit... — read more 

No colleagues who left recently have yet been replaced. Instead, all the work is done by the rest of us who remained here. I could somehow accept that if I knew that the replacements will be hired soon. However, as things stand now, it seems... — read more 

I've been promoted several times My pay has increased more than twofold since I started My manager is good and my team is supportive I get lots of time off because of my seniority Committed to providing opportunities to historically... — read more 

Anything you can share?

I made a big mistake when I came here. I thought GF was a much better organized company. Turns out this is a big mess. I guess it wasn't so disorganized in the past?

It's June and the exodus has begun

Now I can't help but roll my eyes when the manager starts promising promotion. I feel terrible because I wasted my time here because I really believed in what the manager was saying. How many times have you been promised getting promoted... — read more 

Interns should be joining our teams soon. How much are they making this year? $30hr still? Higher than the average technician wage right?

I see a lot of posts criticizing HR here, but it's not clear why the posters are being critical. The posts are like "get rid of HR", but mostly without cause or reason. Without getting too specific, why?

I have been working here for a long time and I have witnessed bad times before. However, back then everyone hoped that things would change for the better and they really did get better after a while. This time, it seems that no one believes that... — read more 

I'm looking for a job but I haven't received any offers yet. In the meantime, I fear who will be the next of my colleagues to leave, even though I am glad when any of these hardworking people manage to get out of here. It is stressful waiting for... — read more 

If you were part of the SLT, what would be your plan to reinstate trust with the company ? This is a question for the long term folks who have lived through this relationship.

I was hoping that the attrition would slow down because I really can't stand all the stress and overload anymore. But I haven't noticed that actually happening. How do you deal with the effects of attrition?

The current trend is send the favorites out temporarily and rehire them in 2 levels up. A recent Sr Module manager rehire his favorite in year and half at 2 level higher to what he left before (level 6 to level 8) to management position falsely... — read more 

GF did almost nothing to keep the best people. Isn't that awful? The company is doomed.

Well well the CIO and Global head of digital manufacturing has left GF

50% off all Cafe items/food for Employee levels 1 through 9

https://youtu.be/Fmj5r8ws2Mw

Received an email from them. No details other than the planned dates (June 2nd to June 4th)

Hey, There was a post on here earlier today mention attrition numbers …. It’s gone now. Why? And can someone quote those values again Thanks

At first I thought it was just me and that I needed some time to adapt to my new job's environment. But no, as time goes on, it is becoming increasingly clear to me that this place is simply toxic. Has it always been like this?

https://www.cnbc.com/video/2022/05/11/globalfoundries-ceo-says-company-is-ready-to-do-its-part-to-increase-uss-chip-production.html If you read between the lines the company is ready to do it if they get money not like our competitors who are... — read more 

I like how there is an equal amount of GC questions about IT issues and wages. Who is enjoying Microsoft 365? Talk about a terrible decision. Whose idea was it to switch to Microsoft? Some consultant? Which? Are we still paying them? Are they the... — read more 

Almost a quarter of a billion dollars in profit for 1Q, but no money for raises? What bu-----t. At what point do people start to organize? If Starbucks and Amazon employees can do it, why not GF? Germany has strong workers rights compared to the... — read more 

Let’s just run a survey to evaluate if your manager is good or worthless. Use the up arrow for good and down for bad. We will atleast have a cumulative data of overall quality of manager

It doesn’t matter how hard you work as long as you manage to feed your manager’s inflated ego. However, since I’m not a person who wants to play games like that, my manager will always find some objection to my work. On the other hand, I really... — read more 

https://www.bizjournals.com/albany/news/2022/05/02/globalfoundries-wins-department-defense-contract.html The contract award might be true but it is not because of the contract that 45 nm will move to Malta but mainly because of EFK being sold to... — read more 

A deja vu moment. Remember when chuck shumer talked about Saratoga chips https://semiwiki.com/semiconductor-manufacturers/296139-the-globalfoundries-impending-ipo/ Maybe he knew something then of what was happening in EFK and was already predicting... — read more 

Transparency - with my present company it is very clear on what products we are working on. There is a clear guidance on goals that flow down but at GF there is a complete disconnect on how the goals information flows and it completely changes... — read more 

So GF bags another award - “Congratulations AP, CB and the rest of the GlobalFoundries total rewards team for your 2022 Global Equity Organization award in the coveted "Most Innovative Plan Design" category. I just don’t get it in which parallel... — read more 

High attrition = second factory If the news is correct it seems there is a big disconnect in the priorities at top... — read more 

I was actually glad to learn that new hire has almost the same salary as me, even though I've been loyal to GF for years. But on the other hand, isn't it a little humiliating when they equate someone who has just arrived and who has almost no... — read more 

Guess what for GEO's 23rd Annual Conference (https://www.globalequity.org/geo/Annual2022) GF has a speaker talking at the session Facing the Future: Face to Face on "Keeping Talent from Walking Away with Equity Compensation". This coming from a... — read more