Topics regarding layoffs at GlobalFoundries

Topics regarding layoffs at GlobalFoundries

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 !!!

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| 770 views | | no replies yet
Post ID: @OP+UYD4Vur

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 

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| 1520 views | | 3 replies (last September 5, 2018)
Post ID: @OP+UXhsAeE

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 

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| 1690 views | | 3 replies (last September 2, 2018)
Post ID: @OP+UXY2xjX

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 

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| 1500 views | | 3 replies (last October 7, 2018)
Post ID: @OP+UWg80Ud

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 

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| 1610 views | | 4 replies (last October 5, 2018)
Post ID: @OP+UVwTY5p

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 

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| 1762 views | | 2 replies (last August 31, 2018)
Post ID: @OP+UVZvihV

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...

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.

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| 1190 views | | 1 reply (August 30, 2018)
Post ID: @OP+UUWTFiP

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 

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| 1870 views | | 5 replies (last October 5, 2018)
Post ID: @OP+UULIc8w

Just to check...

It is finally over, right? For now, the layoffs are done and we can relax for a bit?

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| 1610 views | | 6 replies (last October 5, 2018)
Post ID: @OP+UUed6cP

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

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| 1750 views | | 5 replies (last August 31, 2018)
Post ID: @OP+UUev848

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.

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| 1100 views | | 1 reply (August 30, 2018)
Post ID: @OP+UUGdoP1

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 

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| 1610 views | | 8 replies (last August 30, 2018)
Post ID: @OP+UUFAeap

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 

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| 1900 views | | 8 replies (last August 30, 2018)
Post ID: @OP+UUbK1vT

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 

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| 1203 views | | 1 reply (August 30, 2018)
Post ID: @OP+UU55ySy

Healthcare Insurance Options

Not axed (yet) but I am very concerned - anyhow, if axed, what are our health insurance options?

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| 644 views | | 1 reply (August 31, 2018)
Post ID: @OP+UTdKQGe

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 

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| 1154 views | | no replies yet
Post ID: @OP+UTWKCPS

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 

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| 1380 views | | 5 replies (last August 29, 2018)
Post ID: @OP+UTXEJ6p

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?

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| 1210 views | | 4 replies (last August 29, 2018)
Post ID: @OP+UTWKgNg

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 

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| 1320 views | | 2 replies (last August 29, 2018)
Post ID: @OP+UTibpMY

unemployment?

can we collect unemployment if we receive severance?

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| 1410 views | | 7 replies (last August 30, 2018)
Post ID: @OP+UTtvdC2

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 

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| 1070 views | | 2 replies (last August 29, 2018)
Post ID: @OP+UTMfXGH

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 

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| 1026 views | | no replies yet
Post ID: @OP+UTia9G8

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 

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| 1180 views | | 3 replies (last August 29, 2018)
Post ID: @OP+UT21gsg

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 

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| 1133 views | | no replies yet
Post ID: @OP+UTxP7Bg

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