another round happening in next couple of weeks as predicted by smart people on this forum earlier. Not sure, how big the scale but it is confirmed now. Please comment under this thread if you hear more news

How does everyone feel after Q1 globalcast? Better, worse, same as before?

I heard from my boss that more than 700 people from all GF sites are meeting at San Diego , California . Any idea behind the meeting ???!

You’ll find yourself jobless eventually. Global is below the headcount for tax incentives and this is the reason they’re converting contractors regardless of experience or qualification, they’re Bussing in new college graduates to fill roles that... — read more 

These 3 words are all you need to know about how people move ahead at GF

Im staying because this is a great company to work for. Too many pluses to list so lets hear from others why youre staying and loving the global lifestyle here in beautiful upstate ny.

Worked there 5 and 1/3 years. Left a year ago and am not aurprised by all the changes. Uses to witness gross neglect of wafer contamination. No one would ever own just how dirty the processes were in Fab 8. We would see contamination incoming on... — read more 

Why are you leaving/ left ?

Thoughts

Freescale Integrated Silicon Solution Altera Atmel Broadcom EZchip Semiconductor Hutchinson Mattson Omnivision PMC-Sierra KLA-Tencor Fairchild SanDisk and that's just in the last couple of years. Nearly 100 companies have closed fabs in the last 10... — read more 

https://blog.globalfoundries.com/executive-perspective-differentiation-drives-value-in-an-era-of-volatility/

Layoff was in June ( EF) , received the severance in August. Just received the Cobra Insurance info., We have to pay Global for the Ins ( Health and Dental, 1,360 a month for the 2 of Us. They should have just kept the severance pay.( glad We kept it... — read more 

See this link https://www.washingtonpost.com/business/2018/12/12/workers-are-ghosting-their-employers-like-bad-dates/

Due to the recent purges (layoffs) there is a steady end of year surge (quitting). Expect your inbox to fill with goodbye messages and comments like “connect on LinkedIn”. Once we get settled expect recruitment. It gets lonely in new places, the... — read more 

From what I understand, the attrition rate at Malta is 18% in the fab alone. I believe the exodus has begun and with the fact that virtually no one ever returns to GF after leaving, laying people off is no longer a viable solution (unless done so en... — read more 

Here's an interesting article from EE Times from 2012 - seems almost appropriate for what we have experienced over the past 6-9 months. https://www.eetimes.com/author.asp?section_id=36&doc_id=1266260&utm_source=eetimes&utm_medium=networksearch... — read more 

Any more word on any action happening on Monday? There was one post here but never seemed to be a follow up. Then I heard some people talking about it on Friday but they are big talkers and seem to be right more times than not but they've been wrong... — read more 

Ok valued GF workers. Lots of negative energy out there, but its no time to feel down, its time to pivot! Let's block out the bad, and take in the good!! GF is growing and expanding. Let's take a vote and tell us all what company should GF buy next... — read more 

Managers are targeted for next round of layoffs and are going on strike first week of December - friend is tech assistant to a director

The problem with GF is that they have been laying off their most experienced technologists based on pay and all they have left in increasing numbers are recent college grads who get promoted into principal engineer or management positions after only... — read more 

Next layoff is likely going to be February per rumors my friend, an executive admin, has heard. More cutting from the highly paid ranks of technical staff. Last time it was largely engineers and R&D, but this time it will be techs that are higher on... — read more 

No other semiconductor company is going to buy the Malta fab. I'm sure it has been for sale for quite a while. It's no secret the investors want it gone. If anyone stepped up and gave them even a fire-sale offer for the fab, Mubadala would take it in... — read more 

What it looks like to most of the semiconductor world is that 2018 is "peak revenue" year for Fab8. It will never, ever generate as much revenue as it does this year. With no new technology on the horizon, and the key 14LPP customer moving to TSMC... — read more 

just read long boring email from BB, I was out of town and looks like tommy boy announced, in his TH last week, moving SCG to a new location. Any ideas, where to be exact, some rumors are that the old Milpitas building is being renovated for the... — read more 

The frustrating thing is there are no consequences of their (executives) failures 'for themselves' ... it's always the little guys that pay the price through layoffs... even if they ever get touched, they will be sent out with million dollar... — read more 

People who stay do so for a variety of reasons: it's not just the inability to find another position FOR YOURSELF. It could be a spouse's job, elder care obligations or an immigration status. Some people outright decided not to do job search right... — read more 

Does anyone have an idea of how many employees have left that were not cut? It seems like the parking lot in malta gets less crowded by the week.

Just want to make sure we are finally safe. At least for now.

As one of the posters said, there is no blood left to bleed at GF. What we have here are preparatory steps to liquidate the business. They already got rid of their top engineering talent and problem solvers due higher pay, next will be sell off of... — read more 

Yet, "our customers said they had no interest in 7nm"... There is a reason TSMC invested in 7nm development. Their financial experts clearly see something different than GFs. Anyone else believe 7nm won't be relevant and it was a good idea to can the... — read more 

OK I'll start. 1) I can always get a primo parking spot now! How awesome is that?

Has anybody noticed that we have completely given up on research and development? When's the last time something truly new and inventive come out from this place? One of the reasons is managers who are supposed to be technical leaders but they have... — read more 

The result of this spin-off is the creation of a wholly owned subsidiary called Avera Semiconductor. Avera will remain aligned with GF’s technology, as its main task will be the cooperation with GF's customers. But the company is expected to grow, as... — read more 

What do they do? I see a lot of nothing going on at night. Maybe the higher ups should just bring the hammer down on the slackers here on nights, clearly we can afford layoffs with the movie watching and book reading going on!

When leaving global do yourself and others a solid please. The management at globalfailure/IBM Junior is the worst I have ever seen in my life. The cancer that is IBM and Gluten Free needs to die here to never be seen again. Is it possible for... — read more 

"We are done here, no more layoffs".

IBM at CNSE is picking up a bunch of ex-GF engineers. Have not heard any numbers. They failed here so you have to wonder when they will fail there.

Since GlobalFoundries Malta has shed over 500 jobs since July, I propose to save further jobs, they shut down the little-know and very expensive Mini-Mosque and Gym on the first floors! Muslims can spread a rug anywhere and flunks can certainly... — read more 

As a long-term employee of GF ( more than 5 years), I have to say that it has become a place where management is too distant from the workers, and a place with a fair amount of injustice. Lately, the turnover rate has become ridiculously high, and... — read more 

Has anyone managed to give Micron onsite interview..any results, rejects, or just background check requests with no result ?