Topics regarding layoffs at GlobalFoundries

Topics regarding layoffs at GlobalFoundries

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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| 1201 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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| 1440 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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| 1980 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 

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

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| 1320 views | | 1 reply (November 4, 2021)
Post ID: @OP+1dEdr025

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 

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| 1510 views | | 5 replies (last November 5, 2021)
Post ID: @OP+1dE7AEye

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.

GFS to the moon

Once again haters gonna hate but we are gonna be rich

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| 1720 views | | 6 replies (last November 2, 2021)
Post ID: @OP+1dy3rcFf

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

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| 1400 views | | 3 replies (last October 29, 2021)
Post ID: @OP+1dxOVb9t

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.

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| 1472 views | | 3 replies (last December 19, 2021)
Post ID: @OP+1dxSVdwO

Hates gonna hate

While the haters gonna hate we are gonna be rich today….

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 

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| 1440 views | | 3 replies (last October 28, 2021)
Post ID: @OP+1dw5daok

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

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| 1211 views | | 3 replies (last October 28, 2021)
Post ID: @OP+1dwobzfT

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 

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| 1630 views | | 5 replies (last October 27, 2021)
Post ID: @OP+1dvUQzqz

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.

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| 1540 views | | 4 replies (last October 26, 2021)
Post ID: @OP+1dulu8ln

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 

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| 1412 views | | 2 replies (last October 25, 2021)
Post ID: @OP+1duw6Xuu

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