Topics regarding layoffs at GlobalFoundries

Topics regarding layoffs at GlobalFoundries

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/

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| 2050 views | | 13 replies (last January 4, 2022)
Post ID: @OP+1ewyP6fP

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 

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| 1773 views | | 8 replies (last December 30, 2021)
Post ID: @OP+1esJe7zE

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!!!

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| 1670 views | | 7 replies (last December 31, 2021)
Post ID: @OP+1er0jv69

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 

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| 1765 views | | 7 replies (last December 28, 2021)
Post ID: @OP+1eq6XxCo

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 ...

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| 1620 views | | 6 replies (last December 12, 2021)
Post ID: @OP+1eef3hQd

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 

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| 1670 views | | 6 replies (last December 11, 2021)
Post ID: @OP+1edkcBwK

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 

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| 1431 views | | 5 replies (last December 14, 2021)
Post ID: @OP+1edY3akH

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 

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| 1600 views | | 5 replies (last December 10, 2021)
Post ID: @OP+1ecwAHtT

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?

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| 1470 views | | 4 replies (last December 9, 2021)
Post ID: @OP+1ec3eGiK

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 

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| 1460 views | | 8 replies (last December 8, 2021)
Post ID: @OP+1eb5bNGQ

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 

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| 1620 views | | 3 replies (last December 7, 2021)
Post ID: @OP+1ebiDaCO

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

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| 1520 views | | 7 replies (last December 7, 2021)
Post ID: @OP+1eaHk9Iy

I hope GF fails so hard it can never recover

I don't give a damn if that means I'll lose my job. At least the same will happen for those as-----s in the management who keep solving each and every problem by getting rid of as many of us as they can. That's the ONLY way they might end up seeing... — read more 

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| 1200 views | | 3 replies (last December 6, 2021)
Post ID: @OP+1eaifJ4o

I guess layoffs will not be an issue for a while

If everybody who says they are willing to walk away does so, there will be enough people gone to remove the need for layoffs for a long time. I'd never do this company a favor and leave in a way that saves them money and leaves me without anything... — read more 

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| 1443 views | | 6 replies (last December 6, 2021)
Post ID: @OP+1e9nuFKS

This mandate is wrong

This vaccine mandate scares me more than anything this company has ever done. They are purposely causing discord amongst fellow employees. The is no room for people to have free thought. They rather just have us obey like robots. People should have... — read more 

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| 1331 views | | 2 replies (last December 4, 2021)
Post ID: @OP+1e8S9GTa

GF helped me find a better job

Many times I thought of leaving, but I stayed only to gain more experience so I can find a better job. I was often under tremendous stress and workload, but it paid off in the end. So I can say that GF helped me in some way to get a better... — read more 

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| 1403 views | | 3 replies (last December 5, 2021)
Post ID: @OP+1e83G87O

Things are Good

Have to say, things are pretty good lately. IPO launch, company is flush with cash. Our fab is busy for the foreseeable future. Employee Stock purchase program is launching along with a 50 share grant. We are on track for the wafer fabout bonus... — read more 

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| 1281 views | | 3 replies (last December 4, 2021)
Post ID: @OP+1e76Je2x

The vaccine is not the only reason

Vaccination is now the main topic everyone is talking about. They seem to have completely lost sight of people leaving GF for other reasons, too? Personally, I know more people who will leave this company at the beginning of next year due to poor... — read more 

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| 1370 views | | 3 replies (last December 3, 2021)
Post ID: @OP+1e7LBJWm

Bet Jim Cramer is paid

Here comes https://cnb.cx/3DfaFh0 more and I am willing to bet Cramer has been paid to get TC there. Additionally I am so sure that their a$$ is on 🔥. Even though this post is pessimistic kudos for finally making profit of 5M and getting a good... — read more 

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| 1220 views | | 2 replies (last December 2, 2021)
Post ID: @OP+1e63ub0C

IPO

I recently left GF after 2 decades including its previous entity. I usually just read the postings but I just wanted to express my feeling anonymously over the recent IPO event. I knew the senior management had no plan to offer the shares with their... — read more 

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| 1940 views | | 8 replies (last December 15, 2021)
Post ID: @OP+1e3EBHbT

The idea of HR team being outsourced

I like the idea of HR team outsourced to a professional organization that someone mentioned. I don’t think that’s going to happen, but I believe that would solve some of the problems that GF has. Any thoughts? Not only do I like the idea, but I... — read more 

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| 1681 views | | 4 replies (last December 1, 2021)
Post ID: @OP+1dZNOEcS

Fab8 Q4 AllHands??

I have to watch F9 and F10’s recordings to get a business update... Why is F8 so slow to hold quarterly allhands? Is it Benyon?

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| 1760 views | | 5 replies (last December 16, 2021)
Post ID: @OP+1dYQevcw

what shape is your team in?

I'm on a team of engineers, and we'll be down 4 people after the latest resignation. We should have at least 12 people. So best case we're down 1/3. This isn't sustainable... I have to fill out my annual assessment and half of my goals will be... — read more 

Biden's mandate

How many will be leaving? In my department, I think about 2/3s. This will hurt.

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| 1850 views | | 7 replies (last December 1, 2021)
Post ID: @OP+1dW2WtRK

‘Raise’ confirmed my decision

I was hoping to get a raise. I’m not happy with how much I’m paid, I think I’m very underpaid, even compared to those who are at the same level. However, it ended up being a huge disappointment for me because I didn't get raise. I intended to leave... — read more 

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| 1700 views | | 5 replies (last November 18, 2021)
Post ID: @OP+1dSs8gNT

Poll on Raise

Did you get a raise - Y/N what is your level - number only Percentage Less than or More than 5% (L/M) Length at GF (New or Old) N/O

How can they only give 50% of people raises?

Especially after the whole company complained about raises. Not just the 50%. Its like they are asking for people to put in 2 weeks notice, or outright quit. I know multiple people have got this "raise", and they already were making more than me... — read more 

Appraisal Cycle Change

Moving appraisal Cycle based on their needs. It was April suddenly moved to July now again moved back to April. Whoever thinks delaying hike by months will save company huge dollars similarly whoever thinks moving hike early will make people not to... — read more 

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