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.
Shares crashing tomorrow
Who thinks gfs will tank tomorrow on not meeting revenue and sh---y margins?? Yes No
Onsemi
I guess Tom must have regretted selling Fab10 to OnSemi With the chip crunch , every fab capacity is now gold …
Which group do you belong to?
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
Will intel’s deal still be on table
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
I can't take it anymore
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
The company is on a death march
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
Article - What happens when colleagues know each other’s salaries
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
GFS price
its going to be below IPO price ... discount price ..
AIP Announcement
AIP funder @120% paid out March 11th....bo-m
QPB and AIP question
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 GF wastes money making trips to DRS
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
trip to Dresden
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
ancient systems
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
WSJ - TECHChip Makers Contend for Talent as Industry Faces Labor Shortage
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
NEWS - GlobalFoundries delays submitting construction plans for Fab 8.2
https://www.timesunion.com/business/article/GlobalFoundries-delays-submitting-construction-16764636.php
Employee retention
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
When did you receive an interview/employment offer?
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
Are there many opportunities at GF?
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
Exemption and refusal to upload
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
Is TSMC still sending people to Taiwan to train?
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
2021Year End Thread
2021 Year End Thread What are you thankful for in 2021 and what do you expect for 2022 ?
If you're thinking of joining, here are a few things to know
Being overworked is considered business as usual. Raises are laughable. You will keep getting new responsibilities while your pay will mostly remain the same. If your pay ever reaches a certain threshold, you'll be laid off and... — read more
First Ford and now BMW
Nice.... https://www.reuters.com/business/autos-transportation/bmw-secures-several-million-chips-per-year-inova-globalfoundries-2021-12-08/
It is very much whom you know.
I am very disappointed in GF. Before I didn’t even want to hear from those who were telling me that it is very much "whom you know" here, but now I see that it’s really true. Those who know the important people here, they stay at GF because they are... — read more
Things are Looking Good!
Out of the blue Salary Adjustments, stock Grants, Fab-out Bonuses, Early raises in April and $20 per share profit on 500 shares inside of a month. Here's to 2022!!!
GF partnering with fairygodboss
Whether flexing my own working hours or my location of work, to taking a little time for me, flexibility and wellbeing enable me to bring my best to GF each day. I am a better employee, a better mom, wife… the list goes on.” Read more from our... — read more
This ransomware may have stolen Christmas in cities, states, and companies across the US
https://www.theverge.com/2021/12/15/22838737/kronos-ukg-ransomware-attack-payroll-tesla-whole-foods-cybercrime This ransomware may have stolen Christmas in cities, states, and companies across the US
A manager can change someone’s perception of the company
It is amazing how much a manager can influence an employee, his work, his commitment and ultimately, the opinion of this company. I used to have a great manager and back then it was great to work at GF. Everything was somehow easy. However, a new... — read more
Women in leadership positions
Are they going on above and beyond to put women in leadership positions and passing qualified men.
NEW hire Compensation Package
any new hires after GF going IPO??? is RSU given as part of comp?? i have a interview lined up with GF ...
Unequal Discrimination Employer
I am no longer an employee of this company. Throughout my employment at this company, I witnessed a severely disabled colleague endure constant harassment & persecution. As a (religious) minority, his medical impairments were not considered as... — read more
Don’t let your skills become unmarketable
I know people who have not been able to find a new job for months, for one reason only, and that is because they have stayed here too long. Staying here too long mostly results in your skills losing sharpness. Many will say that it is up to the... — read more
first line Manager
I am a First Line Manager (FLM) .. so it means .. i am sandwhich between the techs / engineers and my boss who is either a level below the dept head or the dept head itself .. Ppl think we FLM have it easy ... the recent mkt adjustment , we FLM... — read more
This company owes you nothing
If you don't like it here, there's the door.
Golden years
For the past four years, working here for me is mostly just stress. I gave notice today and I am a little nostalgic for how this company used to be. Do you remember the golden years?
Federal Contractor Mandate Blocked Nationwide
Good day. Very good day. Ball lies in GF’s court if they want to move forward as a private business with a mandate or drop it. https://news.bloomberglaw.com/daily-labor-report/biden-vaccine-mandate-for-federal-contractors-blocked-nationwide — read more
They can't slow attrition
I think that GF can no longer slow down or stop attrition. Such a thing would require radical changes in the company, and they will not happen, at least not for now. How will GF replace all the people who leave? .........My team are leaving... — read more
lots of posts+replies disappearing
confirms what some of us suspected... one person/wannabe troll was likely the source of all the anti-vax nonsense My advice to that person: update your resume seek help