Topics regarding layoffs at GlobalFoundries

Topics regarding layoffs at GlobalFoundries

Priority to women

Is it only my observation or have other folks noticed SLTs hiring to many women chief of staffs and providing more workplace benefits such as opportunities, transfers, etc

Name sake managers/management

If managers don't have time for reporting people they should move out of people manager role. We need to pay all our travel expense from our personal card but manager will not approve the expense report for weeks. What is the role of manager in... — read more 

by
| 1400 views | | 2 replies (last October 23, 2021)
Post ID: @OP+1dsuapZf

Yes- man culture

Is being a yes man the only way to get ahead in this company? Why is there not much room here for those who don’t agree to become just another yes-man? I’m not that type and I think it cost me a lot at GF. When I look back, I think I would've ... — read more 

by
| 1460 views | | 7 replies (last October 29, 2021)
Post ID: @OP+1drnKF9n

what about training?

I am terribly sorry for the new employees who are totally lost here. GF hired them even though they knew they needed training and then they left those people to fend for themselves. Terrible!!! Neither I nor the other colleagues have the time to help... — read more 

by
| 1310 views | | 6 replies (last October 22, 2021)
Post ID: @OP+1dqbw7wW

registering my disappointment

I've been at GF since late 2011. For those of you with similar time at fab8, you know the early years we went without raises and bonuses. In the intermediate years the raises and bonuses were laughable. And if what I read here is true, GF didn't... — read more 

Unrealistic expectations

It seems to me that nothing I do is ever good enough for GF. Worst of all the more effort I put in the less valued it is so I'm starting to wonder why I bother at all. Admittedly, maybe I don’t understand their expectations of me. They seem to... — read more 

by
| 1325 views | | 2 replies (last October 21, 2021)
Post ID: @OP+1dp5son6

will there be a layoff?

I am sure some of us want that motivation to look for another job and some time off, I can't be the only one, right? I never felt this way at another place before....

by
| 1510 views | | 7 replies (last October 24, 2021)
Post ID: @OP+1dn6Ae0h

Everyone else has a whistle-blower. Why not us?

There was a comment, on the "Strike" post that caught my eye. Basically its saying get ahold of our senators and/or congressmen that are tied with GF, to tell them how they are acting towards their employees. With increasing workload and punishing... — read more 

by
| 1470 views | | 5 replies (last October 21, 2021)
Post ID: @OP+1dmfZdP5

Strike.

Why aren't we striking like every other business in this country, 170k employees and counting fyi. Have any of you read the SEC filing? We get nothing and the directors and uppers get millions. Why is everyone so apathetic to their own situation in... — read more 

by
| 1710 views | | 6 replies (last October 17, 2021)
Post ID: @OP+1dlB2r5I

Stop draining money

Can the SLT stop draining money by giving the stupid hats nobody gives rat’s a-s to wear that even though SLT would like the employees to wear it for free advertising. SLT should pay to deserve the free advertising.

by
| 1480 views | | 6 replies (last October 16, 2021)
Post ID: @OP+1dkRhPOo

IPO

I understand how top dogs could benefit and what an IPO could bring to this company, a lot has been written lately about that, but I don’t know if we, the employees, will benefit from a GF IPO as well? Thoughts? I don't have a good opinion of... — read more 

by
| 1810 views | | 3 replies (last October 15, 2021)
Post ID: @OP+1djcXZTu

Americans quit their jobs at a record pace in August

https://abcnews.go.com/Business/wireStory/americans-quit-jobs-record-pace-august-80536732 The Labor Department said that quits jumped to 4.3 million in August, the highest on records dating back to December 2000, and up from 4 million in July... — read more 

by
| 1201 views | | 1 reply (October 12, 2021)
Post ID: @OP+1dh6NrSx

The workload just keeps on getting bigger

How much has your workload increased? If I would express myself in percentages, compared to 2020, my workload has increased by a minimum of 60% this year. Compared to 2015, for example, the amount of work I need to do has increased by more than 100%... — read more 

by
| 1400 views | | 3 replies (last October 12, 2021)
Post ID: @OP+1dhALQu9

Another IPO analysis

https://www.fabricatedknowledge.com/p/global-foundries-s-1-breakdown Analysts all coming to similar conclusions.

by
| 2081 views | | 8 replies (last October 14, 2021)
Post ID: @OP+1dfIhwFe

Scathing article

After all the touting and tooting their own horns to generate interest and eventually releasing the financials the truth is out. Here is a scathing article from Bloomberg... — read more 

Do the bare minimum to stay out of trouble

Personal, I don’t want to move since all my families have been here over the years. However, due to the COVID, the inflation is crazy. On one side the company raise me 1% per year and I can’t afford to live here now and another side I see a lot of... — read more 

GF in the news / IPO announcement

https://www.marketwatch.com/story/chipmaker-globalfoundries-inc-files-for-initial-public-offering Home Dow Jones Newswires Chipmaker Globalfoundries Inc. Files for Initial Public Offering Published: Oct. 4, 2021 at 12:34 p.m. ET By Stephen... — read more 

Layoffs

What's the latest info on layoffs?

Are you able to manage work-life balance?

Usually the opposite happened to me, the longer I was in a company and more work experience I gained, the better work-life balance I had. It's different here. Ever since I came here, the work-life balance is getting worse and now I literally don’t... — read more 

by
| 1392 views | | 5 replies (last September 30, 2021)
Post ID: @OP+1d4Fqf4B

Annual pay increases

They’ve made a cute little task force to talk about why we’re mad about our pay, but they’re not going to do anything. They’re just coming around to look concerned, show face, and act like they care. This greedy company is all for show. Answer:... — read more 

Meetings that sap your energy

I have never had as many meetings as here in any of the companies I have worked for Meetings at those other companies were more concise, had some goal and were much more productive A few more meetings and it will be a breaking point for me... — read more 

by
| 1960 views | | 8 replies (last September 30, 2021)
Post ID: @OP+1cYSRIfQ

GF has given us everything we need.

Global: Let's not pay our workers a decent wage. Employees: Expressing concern of not being happy at work Global: Why? Employees: We aren't getting payed enough. Raises were terrible. Managers think they can treat anyone like an as----e and play... — read more 

by
| 1730 views | | 8 replies (last September 28, 2021)
Post ID: @OP+1cYXw8R2

Mandate the vaccine

Can we please stop the nonsense that COVID-19 vaccine is dangerous and is an attack on our freedom? Most of us have been vaccinated against a dozen different diseases since we were babies. And we’re still alive! Let’s just put COVID-19 vaccine in the... — read more 

by
| 1730 views | | 4 replies (last September 26, 2021)
Post ID: @OP+1cScgaCD

Do managers think they are untouchable or what?

That's how they behave. As if they are untouchable. I regret leaving the company I used to work for, because at least there weren't such incompetent managers there. Honestly, I’m just curious how some of them would get along in other... — read more 

by
| 1490 views | | 3 replies (last September 17, 2021)
Post ID: @OP+1cOL2OVR

Attrition impacti my work

Email contact for project been working on 6 months, email bounce, she left GF. Email manager, gone too. Email next manager, in Singapore, no help.

by
| 1530 views | | 5 replies (last September 25, 2021)
Post ID: @OP+1cOE05ZE

Talent is wasted here. That's for sure.

A close colleague who left got a great job. The other colleague is paid significantly more. Another colleague achieved more in the new company in 3 months than he achieved here in 3 years. All these people were unnoticed and very... — read more 

by
| 1820 views | | 6 replies (last September 14, 2021)
Post ID: @OP+1cLGUFG6

Cash crunch at Globalfoundries????

So here is a situation that I thing is going on. With the current demand and not enough capacity and the amount of years of cash crunch. Tom is faced with a dire situation to somehow make the most of the situation to get GF in a good financial... — read more 

by
| 2251 views | | 9 replies (last September 19, 2021)
Post ID: @OP+1cIvBGd6

GlobalFoundries is in trouble

The brain drain is very much real and there are not enough people to hire to even fill the empty seats, not to mention enough people who could provide even half of the knowledge and experience that walked away. It's a matter of time before the ELT... — read more 

by
| 1890 views | | 3 replies (last September 9, 2021)
Post ID: @OP+1cDHXaqd

Vaccination mandate @Fab8

Hey what is this new vaccination mandate SLT is considering. Seems like they might Be cutting a big deal with NY State for that.

by
| 2660 views | | 5 replies (last September 11, 2021)
Post ID: @OP+1cupNEro

Tommy tax fraud caught red-handed

oh no, oh no, oh no no no no! https://www.timesunion.com/business/article/GlobalFoundries-lost-220-million-tax-case-just-16382759.php

by
| 1302 views | | no replies yet
Post ID: @OP+1cp7ISKY

Cash crunch IPO

The reason for the low raises is to save cash and help the financials for the IPO.

This place has become miserable

Why does it seem to me that GF thinks that cheaper labor can fix all the problems in this company? Completely wrong, there are so many problems that it wouldn’t even help if employees worked pro bono because there’s no vision and no real leaders... — read more 

by
| 2130 views | | 5 replies (last September 26, 2021)
Post ID: @OP+1coj3BWp

Increased attrition???

Has anyone noticed an uptick in attrition? Any idea on the numbers, from what I hear it is at about 15%

Mckinsey now BCG

Looks like Mckinsey and BCG are making a huge chunk out of GF while GF gets desperate to get to profitability. Anyone knows why are Mckinsey and now BCG there, just do a people search and you will see loads of folks there.

by
| 1860 views | | 3 replies (last August 17, 2021)
Post ID: @OP+1cjbLbUW

$2,000 referral for techs lvl 2-5 :tldr

$2.000 referral for techs level 2-5 plus sign on bonus. Don't do it. Techs are treated unfairly by prod managers with 6 mois. post college. Better options w/ better pay locally.

Start a new thread - post a news comment, question or message:

: