Topics regarding layoffs at GlobalFoundries

Topics regarding layoffs at GlobalFoundries

GF is pivoting

Looks like the layoff was a critical component in a brand new grand strategy to pivot toward differentiation. GF has announced a pivot to IoT applications, which they expect to execute on now that they have gotten rid of their experienced technical... — read more 

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| 1560 views | | 2 replies (last October 24, 2018)
Post ID: @OP+VKF0dHC

GlobalFoundries hires Janitors as techs!

GlobalFoundries hires janitors as techs. A few years back, GlobalFoundries actually hired two janitors. One janitor couldn’t pass the background check. He came from Cuba NM, fired from Intel, with rap sheet of drunk driving, domestic violence and... — read more 

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| 2150 views | | 11 replies (last March 28, 2019)
Post ID: @OP+VHoXiDn

GlobalFoundries is one big lie...

GlobalFoundries is going to be sold. If you’re an adult with even a few years semiconductor experience, you know the signs. GF has every symptom. When all those foreign workers start leaving town (yes, GlobalFoundries lies about the high volume of... — read more 

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| 1800 views | | 3 replies (last October 18, 2018)
Post ID: @OP+VHes3KD

Are we safe until February?

I've seen February mentioned as next layoffs month several times. While I'm not happy about that, that is still a good several months away. Does that mean we are safe until then and we can stop stressing at least for those few months? At this point... — read more 

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| 1820 views | | 5 replies (last October 19, 2018)
Post ID: @OP+VGmJgx2

It’s all about cutting the costs

GF is not about growing the business. It is about capital extraction from Mubadala and infinitum (although Mubadala has caught on finally) and handing out leadership positions to the IBMers with fat bonus targets. The layoffs targeted experienced... — read more 

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| 987 views | | no replies yet
Post ID: @OP+VFBpsnt

Current Hiring

It's to bring in cheap meat. Back in August, there was a group that worked with both 7 and 14. They had a new hire starting the day before the layoffs, so the whole team thought they were safe. Hell, why bring in someone new if you are going to dump... — read more 

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| 1194 views | | no replies yet
Post ID: @OP+VFdnQj2

GF hiring?

If there is this supposed lay-off in Nov/Feb, why have I seen so many openings pop up in Malta over the last 3 weeks or so? Seems they are hiring not firing!!

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| 2330 views | | 14 replies (last October 21, 2018)
Post ID: @OP+VEYbNCk

February confirmed?

Is the next round of layoffs in February confirmed for the malta branch? If anyone has some information please share..

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| 2580 views | | 12 replies (last October 16, 2018)
Post ID: @OP+VBwHRal

Gofundme page

Any of the buyers interested in buying GF would not be willing to buy at the ask price of ATIC so let’s create a gofundme page to meet the difference between the buyers price and ATICs ask price and get few point percentage stake in GF

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| 1100 views | | 1 reply (October 10, 2018)
Post ID: @OP+VyrL0wt

Sabotage?

I believe my manager is allowing people to sc-ap wafers and wants to crash this ship. No accountability. If I cost the company more than my annual salary I would hope I was fired. It’s disheartening to say the least. Back to trying to do my best I... — read more 

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| 1570 views | | 6 replies (last October 10, 2018)
Post ID: @OP+VudFj15

GlobalFouderies withdraws from the 7nm market

Just read a very good article covering not just 7nm withdrawal, but giving an insightful picture of where GF is heading in the future. Maybe it was the right decision not to pursue the production of 7nm chips, keeping in mind that the development of... — read more 

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| 1510 views | | 3 replies (last October 5, 2018)
Post ID: @OP+Vs8e7eF

How are select few levels 8 and 9's being rehired?

#Fire&RehireFoundries Amazing how select few privileged ones are getting rehired. What a joke this place is...friends, spouses of those not laid off are being rehired!!! Ethics and code of conduct are always a suspect.

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| 2410 views | | 8 replies (last October 26, 2018)
Post ID: @OP+VrEGGqp

Ethics and Code of Conduct

While the whole of GF is busy taking ethics and code of conduct training, to hell with says CTO. 7nm program is on indefinite hold, EUV tools were bought or sc-aped or are on sale. Rumor mill said that the CTO, who is a self-proclaimed American... — read more 

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| 1750 views | | 4 replies (last October 9, 2018)
Post ID: @OP+VoHJqVp

February

New round or two is coming to bring Malta headcount to 1600 as ordered by McKinsey.

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| 3690 views | | 15 replies (last October 22, 2018)
Post ID: @OP+VnUaZ8Q

Resources for job search.

For people affected by GF layoffs what resources are you using for finding new employment.

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| 1210 views | | 6 replies (last October 7, 2018)
Post ID: @OP+VnZhuuc

Notice Period and Severance Pay

Has anybody formally resigned and took all notice period and severance pay. Any do's and dont's or anything to take care of while doing it ?

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| 1490 views | | 2 replies (last October 14, 2018)
Post ID: @OP+VmCH9b4

What are they thinking?

With most of the old-timers laid off, do they really think they can run this company with only millennials? Half of who don't even plan on staying longer than a year or two as it is? What kind of business strategy is that? Get rid of all the... — read more 

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| 1730 views | | 5 replies (last September 22, 2018)
Post ID: @OP+Vf7dEmQ

UMC interested in GF?

This is post from Sept. 14, 2018 http://www.semimedia.cc/?p=2739 Interesting to note that this could make UMC nearly twice its current size, if they buy GF as a whole.

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| 1851 views | | 3 replies (last September 22, 2018)
Post ID: @OP+Vcj0ziU

Just IN

https://mp.weixin.qq.com/s/JkTF36aoraaPvsoqz7TitA

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| 2110 views | | 6 replies (last October 4, 2018)
Post ID: @OP+V945rel

Apple announce 7nm chip

https://techcrunch.com/2018/09/12/apples-new-iphones-are-powered-by-the-industrys-first-7nm-chips/ Which fab will build this ?

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| 1210 views | | 4 replies (last September 14, 2018)
Post ID: @OP+V8dAobG

Get your HSA money

Public Service Announcement: If you are on HSA plan and didn't get 100% of your GF contribution yet, you can still log into RedBrick Health and complete the activities. I have verified that new money went into HSA from activities that I completed... — read more 

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| 816 views | | no replies yet
Post ID: @OP+V68SpJn

Unemployment Days for International students

Hey team , I was also recently laid off from Globalfoundries. As an student on F1 Visa OPT , when shall I count my unemployment days to begin..Is it from 28 Aug or 28 November..since we are on payroll till 28 November but not actually working... — read more 

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| 1470 views | | 6 replies (last September 11, 2018)
Post ID: @OP+V44dzSP

Job Fairs coming up

There are local job fairs coming up with reps from Samsung, Micron, and Intel. Google it up if your interested in changing locations.

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| 1510 views | | 6 replies (last September 11, 2018)
Post ID: @OP+V1fF2AS

COBRA info

For those impacted by the August 20 RIF, here's what you can expect re COBRA (I was let go in June so I'm a going through this right now). about a week after your last date of employement (~11/28) you'll get a package in the mail from the COBRA... — read more 

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| 1001 views | | no replies yet
Post ID: @OP+V1DYxC7

Who thought this was a good idea?

I read that Intel board has former GlobalFoundries CEO Sanjay Jha on its shortlist for CEO. Who in the world thinks this is a good idea? Do these people do their research? I guess we can all get some popcorn, lean back and enjoy the show if he is... — read more 

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| 1400 views | | 3 replies (last September 16, 2018)
Post ID: @OP+V1hsTPI

Question

I have a question to all here that seem to have more information than I can find... I just read a post regarding layoffs starting November 28th. Is this the layoffs that just took place August 28/29? Or is this another round that is planned? General... — read more 

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| 1430 views | | 4 replies (last September 14, 2018)
Post ID: @OP+V0m9f5e

Should I leave for lower pay?

I got a job offer recently that offers lower pay (around 15 percent less) but better conditions overall (including job security.) At the time I prioritized money, but now I'm thinking I might have made a big mistake. Now I'm thinking of checking if... — read more 

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| 1700 views | | 10 replies (last September 16, 2018)
Post ID: @OP+V0q31Qn

How long before severance is paid?

Does anybody know when those who have been laid off in the latest round will receive severance? Wasn't it supposed to already be paid out?

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| 1130 views | | 2 replies (last September 4, 2018)
Post ID: @OP+UZn9kvI

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