Have the roles and responsibilities been made clear for the 14nm "differentiation" team. What is the former 7nm team going to do?
Happy Labor Day
To all My friends who still there and those who already busy with job search. Obvious time to move on and let this ship sink itself in next few months. Let Leaders enjoy their loot and we enjoy notice period pay !!!
Six Months of great #### completes on 09/09
From a Book on salesman skills - There are two primary ways to lie: to conceal and to falsify. In concealing, the liar withholds some information without actually saying anything untrue. In falsifying, the liar takes an additional step. Not only does... — read more
GlobalFoundries spin off of AMD and now they spin out of GlobalFoundries
https://www.extremetech.com/computing/268379-troubling-news-amd-moves-7nm-gpu-production-back-to-tsmc
Does Fab8 have a real future?
The golden days of high water ASPs are over. How much $$$ can you add to the wafer by adding a feature here and a device kicker there? This "differentiation pivot" will also get old when the next time there is an "efficiency action ". There will be a... — read more
MUBADALA and NY state invested with good thinking but very wrong selection of SLT in Malta was a blunder !!!
unfortunately, all those still there even after 1000 employees laid off in last three months.
You all are fools
Did not one of you realize this company is run by X Ibmers who already have quit, retired or got laid off years ago? Why would anyone want to work in a Semiconductor business when IBM surplussed out thousands in 1993. Now all of you were hired and... — read more
Move on folks, it's a GREAT industry out there - REAL MEN/WOMEN work for REAL companies !!
Bluntly speaking, GF NEVER had a realistic roadmap to profitability. Massive billion dollar cash injections kept it artificially alive, most of the good managers already left for the competition who is making RECORD profits !! It's not a question of... — read more
Recharge your batteries folks
I'm really sorry for all of those who lost their jobs, and I want every single one of them to find themselves in much better situation as soon as possible, but I'd be lying if I said I was not happy I still have this job and I can finally enjoy my... — read more
GF hiring
New employee tours 3 days after Mass layoff, good taste GF! Really motivates those of us who lost friends, spouces and other family members to continue our efforts here to make our executives rich! Restructuring did not occur as stated except for... — read more
Class Action Lawsuit?
Are there any rumblings about a class-action lawsuit for age discrimination? I'm holding off signing the agreement for a while...
Globalfoundries WARN Details - New York State Department of Labor
https://labor.ny.gov/app/warn/details.asp?id=6504
Globalcast update?
Anyone care to comment about the all hands and Globalcast?
vendor employees
So how does this affect the numerous vendor company employees from companies like encore semi, asicNorth etc that the GF ASIC team heavily relies upon.
Beginning of the end?
Anybody else feels like this was the start to the end of the company? Too many good people lost, too many projects crippled... How exactly are we supposed to continue with work now as if nothing has happened? I honestly can't see how this can in any... — read more
Just to check...
It is finally over, right? For now, the layoffs are done and we can relax for a bit?
This site is done
EUV tools pulled out and being sold 7 5 3 nm gone. No Apple no AMD no automotive no IBM no partners no product no nothing. This wasn't a layoff this was a purge of desperation before they close the doors. Get out asap while you can
Sanjay got blame for 12FDX and Employees took it for 7nm with laid off
Fab 8 leadership did not aid anything to 7nm process development then
Changes...
I remember liking working here. People were kind to each other and the end goal was always helping each other. Boy are those days gone in every aspect.
Stress Management
The continuous threat of layoffs here at GF is hanging over me big time (I am sure many agree) - this is stressing me out so much that it is affecting my health. I am concerned.... Anyhow, poor appetite, trouble sleeping, my blood pressure is high... — read more
Who made the decision?
Who the heck was responsible for deciding who to lay off off? Some of our best people are gone! Who does things like this??? Does our management have any brains cells left?? Wanting to get rid of dead weight i understand, but this is just plain... — read more
Open Position / GF HR is Hiring
Open Position / GF HR is Hiring GF is hiring a senior HR Specialist who have about 30 years of experience in Legal Matters on Laying Off People diplomatically. This HR resource should be preferably female with singing ability and know the Song "Break... — read more
Healthcare Insurance Options
Not axed (yet) but I am very concerned - anyhow, if axed, what are our health insurance options?
Who will ask questions during the town hall?
Who will voice questions about future layoffs? Is anyone preparing any good questions? I expect a very animated crowd at the end.
Severance Agreement , clause 10 (C) about age based statistical data for this round
Employee above 40 must get this info before signing this agreement. read this part carefully
Questions for Globalcast
Strangely AMD announced that they are all 7nm products to TSMC after GF announced layoff looks like a coordinated event, which one is true 1) GF informing AMD in advance that they are going to announce layoff and as a result told AMD to hold on to... — read more
Non compete, section 7
Section 7 of your severance agreement is a non compete clause. Speak with a lawyer if you have questions, this can inhibit your ability to find related work to protect the company. Non compete agreements typically do not fly in NY as they can keep... — read more
Age discrimination
Did anybody notice a pattern among the people who were laid off? Majority of people were in their late forties, early fifties, at least in my department. This looks like a clear case of age discrimination to me. Does anybody know if something can be... — read more
Any news about today?
Do we know if any layoffs happened today so far?
any guesses for global cast tomorrow!!
starting up from tommy boy’s global cast, down to senior manager level we have back-to-back all-hands scheduled tomorrow one after another; any guesses what else is cooking?
They were not lying about a culture of execution.
A culture of execution (of it's employee's) through one bad decision to the next. My personal belief is they are preparing to close doors in Malta sooner than later. I'm already looking for work, even though the layoffs did not impact me. The only... — read more
Oh look at TSMC - how the big boys do 7nm
https://www.anandtech.com/show/12677/tsmc-kicks-off-volume-production-of-7nm-chips April 2018 article
unemployment?
can we collect unemployment if we receive severance?
Leadership needs to change
Nothing wrong in industry. Its challanging and good field to grow. Leadership needs to change . Bring in somebody like Lou Gerstner.He cleaned house starting at the top. Executives were required to just 'talk' rather than using 'slides'. Those who... — read more
Media coverage
Anybody else shocked by the amount of media coverage we got? Especially considering that WARN was never submitted by the company. It's either a very, very slow news week, or somebody leaked something and got media's attention. I'm hoping it's the... — read more
Stay strong
Just one more day and it will finally be over. I'm guessing that after this round, we'll be safe for at least some time. I'm not naive to think we won't be seeing any more layoffs thgis year, but for the next month or two this should be it. Good luck... — read more
What's the total body count by each site?
How many by each site ? Malta = 478 EFK= Santa Clara = Singapore = Please help me add up. #ZeroGF -- Tom
MAKE A QUALITY PRODUCT
With large clients buying products comes revenue. With revenue comes time and the chance to pursue R&D ventures likes 7 nano chips. I live in Malta and while I dont work for GF I know many folks that do. No one I knew would ever admit it (NDA ussue)... — read more
87 Laid off in Santa Clara
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