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
See email regarding your GFS Global Foundries Shirt Pick your size
hilarious article title
GlobalFoundries Hopes to Turn Profitable Amid the Chip Shortage https://www.bloomberg.com/news/articles/2021-11-04/globalfoundries-gfs-hopes-to-turn-profit-amid-chip-shortage
There is fat that should be cut
However, when it comes to layoffs, that fat always remains unaffected. All the useless managers who barely have any direct reports and who don't even know how to do their own jobs, not to mention supervise others, always remain. Laying them off... — read more
What are you most dissatisfied with here?
I don't know if I am more dissatisfied with pay or the atmosphere that is becoming more and more toxic. What is most worrying is that no issue that employees generally complain about is ever fixed here, and issues are piling up very quickly.
Since GF doesn’t pay me fair wage, I couldn’t even afford shares
I have to live here for family. My college buddies are over at Samsung and Intel with the same experience… making a bit more than I do. But I live paycheck to paycheck. Must be nice for you selfish people fighting here to call us losers when I... — read more
Jim Cramer just said GFS is a buy - HOLD your stocks. Do not sell
Watch the segment o. YouTube And looked after after hours price After hours trading 4pm-8pm $53.00 https://youtu.be/Ve_x71Ck4CQ
GFS to the moon
Once again haters gonna hate but we are gonna be rich
Asking wrong ⁉️
Ask for a raise GF: Here's a hat Ask for RSUs (free stock shares) GF: Here's a coffee mug Ask for a pencil GF: Here's a raise
D&I really!!!!
The picture before ringing the bell and GFs leadership shows one chief of staff and the other one Laurie, so much for the D&I initiative.
"This is your [the employees'] IPO" - CFO
Oh, ok, thanks. When can we expect our RSUs? btw this was actually said
Hates gonna hate
While the haters gonna hate we are gonna be rich today….
Replace brand promotions/gift with shares
Please replace brand promotions like caps/t-shirt/bag/bottles and even gifts (appreciation gifts) with shares.
How soon can I sell DSP shares assuming I buy them tonight?
Is there a holding period, or I can sell them on the day of the IPO assuming they go up?
IPO
The top execs are given shares; workers are not. The buy in price sucks for a company that’s never actually seen profit. Why buy in? You’re a part of global foundries too. You worked through the pandemic while the top dogs sat on their a-s at... — read more
70 layer cake
Came across this gem https://www.netroadshow.com/custom/ipo/GLOBALFOUNDRIES/retail/disclaimer.html Did not know that the chips we make have 70 layers and they are just like cake with 70 layers
Red Avatar on Thursday 10/28
Show your disgust with the lack of sharing by the SLT with the fab workers who make the place run. While they're toasting themselves like Generals, it's the lowly infantry Fab soldiers that bleed every shift to make GF succeed. My last day is... — read more
Succeed or failure
Over the years I have always wanted the company to succeed that I work for. But for the first time ever there is a part of me that wants GFS to tank miserably even though I doubt that will happen. However, for all the false narratives and the... — read more
What are we even thinking
While we are whining about not get stock etc.. the top brass is in nyc already going to Broadway shows and partying at the expense of our raises.
DSP or IPO investment opinion
I am confused with GF DSP for employee. GF is making loss and there is no projection when they will make profit except statements like chip shortage, diversify fabs etc. We are not getting shares in discount or free why hard earned money needs to be... — read more