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 

It's time to WFH to limit body's in building

The 'Great Resignation' is creating massive pay disparities between new hires and current employees at tech firms like Google and Amazon, sparking tensions on teams and a ripple effect of... — read more 

Any update on moving back to Fidelity ? When companies give substandard employee benefit support in order to maximize their balance sheet, it never turns out well for the company and worse for the employees.

I don't see any need for layoffs any time soon. We're losing more than enough employees through attrition.

Another free ice cream opportunity GlobalFoundries Named 2022 Sustainability Leader by Casella Waste Systems, Inc.. Proud of GF for making strides towards a goal of zero waste to landfill!

Any observations or rationals behind GFS quick rise and fall? Felt more like speculation earlier on and lost steam when the short ratio went up to 20% of floating shares.

"For the March quarter, it brought in $4,650 for every 12-inch wafer it churned out for customers. That’s 10% higher than the prior quarter... — read more 

What a shitshow. Ops director running around the floor yelling at people this morning like the techs are the ones keeping the fab down. Maybe we should have had our warmdown before gutting IT last year?

Yea and we get one ice cream coupon to celebrate. Thank you GF

We invite you to join us next week, April 13, at the Fairygodboss Inspiration Summit! Don't miss GF SVP & CHRO Emily Reilly's keynote on "Achieving Personal Empowerment." For more info & to register: https://loom.ly/fMpgXas

How is Dresden Fab doing nowadays?

So the lockup period for GFS Is coming soon. As per https://www.marketbeat.com/ipos/lockup-expirations/ it is 04/26/2022. Maybe it’s time to unload the stock before it falls? Any comments

Is it true that the managers have been directed to be extra active on LinkedIn for sharing, liking globalfoundries related posts for attracting new hires?

Going back to the original question asked on this board, will we have any layoffs soon?

MICLEDI microdisplays Announces Agreement with GlobalFoundries to Collaborate on MicroLED Displays for AR Glasses. So this is probably happening in Dresden and how are they going to make it who knows

Let’s have a meeting with no added value and discuss holidays and what you did on the weekend. The manager is held because that’s the part of managers GPM and the manager basically does not want to argue with the second line that the meeting is point... — read more 

‘It’s better to expand facilities,’ than create new chip foundries, says GlobalFoundries CEO 😂 you need to freaking have money to make new chip foundry. You don’t have enough money to even expand capacity on the existing footprint. If you had money... — read more 

So much for being in the new inviting Gina Raimondo, etc… looks like TC barey made any impact on them. They all dissed him and din not invite him for testimony... — read more 

At GlobalFoundries, we make things that matter — from the solutions that enable the way we live today, to the technologies that drive what’s possible for tomorrow. GF is actively recruiting problem solvers returning to the workforce after a career... — read more 

So just noticed the copyrighted AMAT line - We make possible A better future And what does GF come up with We Make. Possible to avoid any lawsuits. So even that was not original of GF. So much about their mission of innovate.

We're one week away from the 2022 #GFGlobalWomen Conference! We are so excited to welcome over 200 GF team members, with a full day of inspiring speakers and networking events. Let's #UnlockPowerful. #WHM2022

I really thought my manager would be cut long time ago. He is still here, of course, but because of him, fewer and fewer of my colleagues are still here. How is it possible for horrible managers to stay in their positions for so long? Some are even... — read more