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
Source:
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
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.
Leads who failed 7nm will define 14nm derivatives
It will make sure faster closure of 14nm also
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?
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.
Long Article
https://www.timesunion.com/business/article/GlobalFoundries-laying-off-hundreds-at-Fab-8-amid-13185115.php
As of this post, NO “WARN” (Worker Adjustment and Retraining Notification) notice has yet been filed to NYS by Globalfoundries
https://labor.ny.gov/app/warn/
Is it finally over?
Or is there more to come tomorrow?
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
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
Any numbers in Malta?
Anyone guesses?
Is anything happening today?
Nothing here so far. Anywhere else?
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
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
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
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...
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
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
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