Topics regarding layoffs at GlobalFoundries

Topics regarding layoffs at GlobalFoundries

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.

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| 1210 views | | 1 reply (April 22, 2022)
Post ID: @OP+1gnnQeSZ

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!

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?

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

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

LinkedIn

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?

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.

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| 1110 views | | 1 reply (March 23, 2022)
Post ID: @OP+1fTDtZjB

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 

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| 1620 views | | 1 reply (March 21, 2022)
Post ID: @OP+1fMxIaqw

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 

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| 1640 views | | 6 replies (last February 28, 2022)
Post ID: @OP+1ftwMcuv

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?

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| 2300 views | | 9 replies (last March 18, 2022)
Post ID: @OP+1fofX2QA

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 

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| 1400 views | | 2 replies (last February 19, 2022)
Post ID: @OP+1fmWuzrQ

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 

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| 1820 views | | 7 replies (last February 18, 2022)
Post ID: @OP+1fki4eja

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

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| 1450 views | | 4 replies (last February 17, 2022)
Post ID: @OP+1fjB7z1U

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

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| 1390 views | | 6 replies (last February 17, 2022)
Post ID: @OP+1fjfnqgD

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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| 1910 views | | 2 replies (last February 13, 2022)
Post ID: @OP+1fgJOtsM

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