Topics regarding layoffs at GlobalFoundries

Topics regarding layoffs at GlobalFoundries

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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| 1400 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

GF/IBM Connection

How long is it going to take for people, shareholders, the board, etc. that the same people who tanked IBM and brought it to its knees are doing the same at GF right now? I'd start the purge at GF by eliminating any ex-IBMer influence and start... — read more 

Decisions...

Horrible management, low ethic value. No respect for professional talent and real contribution to the bottom line... Nuts layoff decisions, Layoffs should start first from managers top-down

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| 695 views | | no replies yet
Post ID: @OP+UTHROeZ

GlobalFoundries Severance Payment (2018)

There you go: GlobalFoundries Severance Payment - 90 days pay plus 4 weeks severance if you sign a nondisclosure statement, plus health/dental benefits through April 2019.

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| 1690 views | | 2 replies (last August 29, 2018)
Post ID: @OP+UTvc1fh

WARN Act for june affected (wave 1) - will it be revised?

For those who were affected in june - Will they come under the same WARN Act since it happend in less than 90days? If so will they get the one month back pay as they were only paid 60days + severance and not 90days?

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| 1110 views | | 5 replies (last September 2, 2018)
Post ID: @OP+USgDPKH

The Purge: GF Edition

This wasn’t a layoff, this was a purge. The GF Malta facility will be closed or sold. There is no future for GF under its current ownership. You’ve been warned.

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| 2050 views | | 6 replies (last August 30, 2018)
Post ID: @OP+USBGEnL

Long Article

https://www.timesunion.com/business/article/GlobalFoundries-laying-off-hundreds-at-Fab-8-amid-13185115.php

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| 950 views | | 2 replies (last August 31, 2018)
Post ID: @OP+USNx04n

Enough with sugarcoating it

I am so tired of all these fancy words being used just to avoid coming out and saying we are laying off people. I guess "we are downsizing due to restructuring" sounds better than "we want more money so we have decided to get rid of x number of... — read more 

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| 1950 views | | 8 replies (last August 29, 2018)
Post ID: @OP+USVvlNV

Estimates are 500 - 700

The over/under is 625+1/2 access badges removed by COB Wednesday. Legitimate estimates are 500 - 700, but remember we have another layoff coming near Christmas so the line may be revised down after tonight. This may be a good time to go under but... — read more 

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| 1980 views | | 6 replies (last August 28, 2018)
Post ID: @OP+USTuRbB

No impact to Director level and above

Guys, We all are safe. carry on this lay off with innocent faces and thank you notes like what we did for last 4 days. GF mgmt rocks as usual. -SS

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| 1311 views | | 2 replies (last August 28, 2018)
Post ID: @OP+USRcoD0

Action is complete now for FAB8

I can't guarantee 100% though Also less than that won't matter. Please be ready for Thanksgiving. We have done great, major milestones for 7nm recently.

Keeping Them Honest & Be Heard!

We all know GlobalFoundries will never be honest to the press about anything. Be counted. If it is your time to leave, please share: How long you’ve been with GF, General Job Role, Experienence when notified & Details Of Severance... And anything... — read more 

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| 1393 views | | 3 replies (last August 28, 2018)
Post ID: @OP+USV7Kmx

Trouble sleeping

Anybody else had trouble sleeping due to stress? I don't think I managed to get more than fifteen minutes at a time. Instead I found myself checking back here to see if something new popped up, if there was any new info. At least it should finally be... — read more 

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| 1490 views | | 6 replies (last August 28, 2018)
Post ID: @OP+USSyhEt

Is 800 the actual number?

Is 800 really the final number of those who were laid off? It seems like that number should be higher from what we've seen yesterday...

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| 1481 views | | 2 replies (last August 28, 2018)
Post ID: @OP+USetp8y

What about today?

Are we looking at any more notifications today, or was yesterday it? I'm hopeful it's done, but I know Tuesday is usually the layoffs day, so I'm still worried that at least some of it was left for today. Frankly, I'm starting to get a feeling that... — read more 

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| 1270 views | | 2 replies (last August 28, 2018)
Post ID: @OP+USzdv0I

P10

The question boils down to who will IBM contract with to build P10??? Perhaps GF can get to 10 NM but that is an open question. The other issue will Be the manufacturer will have to be USA owned, as IBM wants all of the Govt business that it can get... — read more 

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| 1090 views | | 1 reply (August 28, 2018)
Post ID: @OP+USSb84E

Just a note to all you engineer bashers

I hope all you folks understand the most important person that effects your life is the engineer. I worked in a fab. All you production folks and equipment techs just get too big for your position in life. The most annoying people in the fab are... — read more 

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