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
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
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
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
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
Submit your questions for the Fab8 4Q21 Year end Update
This is a better forum to get open and honest questions, please keep it civil and no duplicate questions please.
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
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
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
Vaccination mandate @Fab8
Views and thoughts ?
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
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
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?
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.
‘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
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
Giving raises only to the low paid even though we complained about a history of poor raises for all.
Even though we’ve complained about a long history of below average annual pay increases for everyone, they’re inly giving adjustments to the low paid. This company fu--s everything up. I was a hard worker. Maybe I’m on the upper side of average... — read more
November raises
Can anyone confirm
GF should be sold to Spanx
The main reason being... — 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
Everyone will be getting GFS
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