It's time to WFH to limit body's in building
Salary gaps getting ridiculous… ask your next NCG how much they were offered.
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
Disliked Prudential, Empower even worse
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.
Attrition keeps getting worse
I don't see any need for layoffs any time soon. We're losing more than enough employees through attrition.
2022 Sustainability leader
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!
GFS stock went up for no reason and plunged now with lock up period ending soon
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.
ARTICLE: This Is Why the TSMC Juggernaut Shows No Signs of Slowing
"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
Fab 8 Warmdown Recovery
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?
GF is great place to work-certified
Yea and we get one ice cream coupon to celebrate. Thank you GF
Fairygodboss Summit
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
Dresden Fab
How is Dresden Fab doing nowadays?
Lockup period coming soon
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?
Will there be any layoffs in 2022
Going back to the original question asked on this board, will we have any layoffs soon?
Another chaotic proposition
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
Meeting
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
Another gem of twisting things
‘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
US senate commerce committee
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
Hiring
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
Plagiarism
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.
Globalwomen
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
How are managers evaluated?
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
Anyone else not trying to get a promotion anymore?
I really gave my best in hopes of getting a promotion. I had previously discussed this with the manager and the answer was to just keep making the effort and it would surely be recognized. What a lie! It was never recognized, no matter how hard I... — read more
Winning + losing = confusion
120% bonus payout = winning 3% raise vs 7% inflation = losing (exception for the few folks that got the Nov/Dec raise, your probably around 7%) Q1 over 100% QBP payout = winning Getting ‘dressed down’ in large meetings by the plant GM = losing with... — read more
GlobalFoundries U.S. Inc. 401(k) Plan Investigation For Current & Former Employees
https://www.edelson-law.com/employee-benefits-erisa-cases/globalfoundries-retirement-plan-violation/ Edelson Lechtzin LLP is investigating whether current and former employees of GlobalFoundries U.S. Inc. have been harmed by mismanagement of the... — read more
Prudential Retirement acquaintance of Prudential
Here's article from last year, acquisition is complete. All companies using Prudential 401K will be notified this week... — read more
Here we go hypocrites
The Completely hypocrisy in the messaging on IWD on linkedin. Some of them with whom I have personally interacted have shown bias with other colleagues and have discouraged folks to take positions
Merit+AIP Data
Level (1-9) Rating (1-3) Promoted (Y/N) Raise % (0-2%, 2-5%, 5-10%, 10%+ of hourly rate/salary) Bonus % (0-2%, 2-5%, 5-10%, 10%+ of eligible earnings), if not QPB Value of LTI RSUs (0-2%, 2-5%, 5-10%, 10%+ of eligible earnings), if... — read more
Raises
Any numbers hitting the streets yet?
Why are people applying outside of GF
Everyone knows why you accept an external offer, that data is clear. Why did you apply to a job posting or accepted a phone call from a recruiter. Was it a unprofessional/unproductive mtg, personal reasons, or something else? HR is capturing the... — read more
Poor culture
One of the reasons GF is a bad place to work is because of its culture as mentioned here in this article https://hbr.org/2022/02/when-your-boss-labels-you-a-poor-performer-but-youre-not One of the biggest issue that is prevalent is the meritorious... — read more
RSUs for L7 and higher
Anyone know what the RSU awards will look like? Is it a flat amount, based on merit or based on base salary... or a combo of some/all?
Maybe Apple should buy Gf
Wit the kind of portfolio the uppity management brags about servicing Apple. They should just buy the fab transfer technology from tsmc and use it to their benefit especially after the following report by a billionaire investor... — read more
More and more people are going to direct competitors
To any wise leader it would serve as a great warning but our leadership does not seem to care much about that? Prior to accepting a job here I also received an offer from another direct competitor, but I chose to come here. If I could turn back... — read more
20k - 18 months
While we are looking at 20k-18 months contract somewhere else. https://www.tomshardware.com/news/samsung-bonus-employees-tech-brain-drain
Intel acquires Tower
with Intel announcing acquisition of Tower Semicon, they can run the products at Tower .. and not deal with GF cr-p , no wonder project is on hold at Malta
accepting offer at competitor
I've accepted an offer with a competitor, but gave them a start date 8 weeks from now so I can train peers, move and settle into housing for my family. Is it true that GF instantly terminates your employment if you go to certain companies? If so... — read more
The planning horizon is July 14
Here is what I understood from GLOBALCAST and other town halls: top management doesn't care about anything at all anymore. They are oblivious to our pain and are simply waiting for a stock vesting date to cash out and retire. Us workers will be left... — read more
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