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
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
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
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
Reuters - GlobalFoundries seeks $25 bln valuation in U.S. IPO as chip demand soars
October 19, 202110:39 AM EDTLast Updated 33 minutes ago Middle East GlobalFoundries seeks $25 bln valuation in U.S. IPO as chip demand... — read more
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....
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
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
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.
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
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
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
Another IPO analysis
https://www.fabricatedknowledge.com/p/global-foundries-s-1-breakdown Analysts all coming to similar conclusions.
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
Why are so many people quitting at once ?
What is going on. Why are so many people quitting in such large numbers ?
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
They pretend to pay us, and we pretend to work.
For everyone complaining about pay, just do what most of us do… Nothing! They no pay, we no work!
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
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
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
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
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.
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
Amazon to pay 100% of college tuition for its hourly employees, tuition, fees, textbooks
https://www.cnbc.com/2021/09/09/amazon-to-cover-100percent-of-college-tuition-for-us-hourly-employees.html Amazon is the 2nd largest US employer and hiring. Current stock price = $3,484.16 / per share
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
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
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.
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
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
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.
Target to offer debt-free college degrees to 340,000 US employees
https://abc7news.com/target-college-tuition-reimbursement-paying-for-program/10931655/ Workers, including those on the first day on the job, can attend classes at more than 40 schools, colleges and universities.
$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.