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 

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 

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 

Here's article from last year, acquisition is complete. All companies using Prudential 401K will be notified this week... — read more 

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

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 

Any numbers hitting the streets yet?

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 

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 

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?

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 

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 

While we are looking at 20k-18 months contract somewhere else. https://www.tomshardware.com/news/samsung-bonus-employees-tech-brain-drain

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

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 

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 

Post your anonymous commente here, safe from censorship

All the investors are now critical and as Tom mentioned in the call that Malta will expand in conjunction with partnership with government and government requested for how gf plans to use the money.

Who thinks gfs will tank tomorrow on not meeting revenue and sh---y margins?? Yes No

I guess Tom must have regretted selling Fab10 to OnSemi With the chip crunch , every fab capacity is now gold …

There are two groups of employees at GF: Those who are worried, tired but remain passive about it Those who are actively looking for something new but failing to get an offer There are also those who are happy here, I consider them... — read more 

Do you guys think intel’s deal will still be on table? I don’t think it is still going to be on the table after their announcement of the Ohio fab in the near future. Maybe a possibility beyond 5-6 years at which GF will probably stagnate. — read more 

The situation is terrible. Colleagues are leaving and there is more and more work. We can only guess who will leave next. I can't take it anymore. The amount of work a few years ago and the amount of work now done by one employee is incomparable... — read more 

You can only cut cost so much. You can only overwork people so much. You can only outsource to contractors so much until it will start to impact quality and output. The company has no manpower reserves whatsoever, any big event will undo it. But... — read more 

https://dnyuz.com/2022/01/31/what-happens-when-colleagues-know-each-others-salaries/ "A new study supports this argument with data. Tomasz Obloj of HEC Paris and Todd Zenger from the University of Utah’s business school compiled the salaries of... — read more 

its going to be below IPO price ... discount price ..

AIP funder @120% paid out March 11th....bo-m

Did anyone else catch the CEO corner video greeting talking about changing the Level 5 and above QPB and AIP bonuses to one or the other? Are they going back to the old days of either AIP or QPB?

While GFS wastes money and losing talent. https://youtu.be/sZPtChiIjL4 and https://www.intel.com/content/www/us/en/newsroom/news/intel-announces-next-us-site-landmark-investment-ohio.html#gs.n4i8tn Guess where are we going to lose people now

anyone know more about the GF-sponsored trip to Dresden? I know of a few people that are there right now from the US, but not sure why or what the purpose is because they're on different teams

anyone surprised at how clunky and ancient the systems are? and how slow they are sometimes? how can we manufacture such modern technology and be left with programs that look like they were designed for Windows 98? can anyone that came from other... — read more 

Chip Makers Contend for Talent as Industry Faces Labor Shortage - WSJ https://www.wsj.com/articles/chip-makers-contend-for-talent-as-industry-faces-labor-shortage-11641124802 Limited supply of qualified workers poses challenge as facilities are... — read more 

https://www.timesunion.com/business/article/GlobalFoundries-delays-submitting-construction-16764636.php

I notice that there is some effort to keep people, but is that enough? /// I would keep looking for a new job even if my pay was significantly increased or I got a big bonus. I don't believe that GF will be able to keep most of the talent because... — read more 

Hey all, I applied for a handful of entry level Engineer positions specifically at the Malta NY site, ranging from Dec 9th to Dec 20th. I've yet to hear back from them regarding the next steps, be it an interview or employment offer. I'm just... — read more 

Recently someone asked me if I would recommend applying here for a job. I didn’t want to say anything because everyone’s experience is different. It may not be a good place for me, but for someone else this may be a dream company, who knows. ... — read more 

Wonder how many people refused to submit exemption request or upload the V card. Tomorrow is the "deadline". With the scores of people suddenly getting covid positive and mostly vaccinated it might make for an interesting discussion about this... — read more 

I want to go work for them. Had an interview with them 6 months ago. They offered me a position but said i had to train 6-12 months in Taiwan before relocating to AZ because their site is still being built. I was curious if anyone has applied... — read more 

2021 Year End Thread What are you thankful for in 2021 and what do you expect for 2022 ?