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 

Likely

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

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.

It will make sure faster closure of 14nm also

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?

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.

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

https://labor.ny.gov/app/warn/

Or is there more to come tomorrow?

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 

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 

Anyone guesses?

Nothing here so far. Anywhere else?

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

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.

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 

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

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 

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 

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 

Anyone heard of salary for Sr Directors, VP and CEO also impacted due to financial condition or getting pay raise with removing so many employees??

Excellent leadership has demonstrated total cycle time of 3 days from Internal M4 to 7nm technology closure, with perfect yield demonstration. At the same time, with additional workload of layoff almost whole team. Thank You, Guys !!!

Nothing else being hit?

Such as Fab 9/10?

Why these folks from UAE thought they could successfully run a semiconductor company is beyond me. But this was a known outcome. When did IBM ever lead in high volume process at the cutting edge? There is zero chance you folks could deliver a robust... — read more 

https://www.timesunion.com/business/article/GlobalFoundries-laying-off-hundreds-at-Fab-8-amid-13185115.php https://www.anandtech.com/show/13277/globalfoundries-stops-all-7nm-development https://semiengineering.com/gf-puts-7nm-on-hold/

The email everybody seems to be talking about, did it go out to the entire department or just those affected? I talked to a friend from 7nm, and he said he hasn't heard anything about any email. That's why I'm wondering if it means that if somebody... — read more 

Two brand new, ASML NXE3400B scanners, ready for immediate sale. Hardly ever used, all original optics. No reasonable offer refused. Warranty and service support not included.

Massive layoff is not going to avert the sinking ship, maybe just delay it for a few years. The company may save money short term, but the best and brightest talents will be gone. Those that didn't get impacted by the layoff will lose trust and faith... — read more 

Go here @U1g9wws or here https://www.thelayoff.com/t/U1g9wws

just got confirmation from senior management, 7nm has been canceled and many people directly associated with it are being let go 😒 ; more will be shared soon as this news is evolving!!

The rumors flying in my office are depressing, everyone talks about it - what I heard is that all of 7nm will be affected, also as someone noted before even techs who went to AME are affected. My feelings are mixed, I've spent five years here and I... — read more 

https://twitter.com/TheLayoff/status/1034144305055768576

Honestly, even knowing I'm on the list would be preferable to this waiting game. It's like they unnecessarily want to prolong our agony. Just tell us what's going on and be done with it! We'll move on one way or another. But at least we'll move... — read more 

Just wondering what plays the biggest role in the decision making? Is it last in first out? If it is, I'm pretty much screwed in that case. I've also been hearing that it's those with highest pay who will most likely be targeted, so it'd be nice to... — read more 

Please track layoff info when known in the format FAB / SITE LOCATION : Tech Node : Dept/module: Head count before layoff: Total layed off: Visa status / origin: Years with company: Age group (round to nearest 10)

Anybody knows what's going on with severance? What kind of packages will be offered this time? I've heard from more than one person that we might be looking at significant cuts even there, and I'm hoping somebody here can shed some light on that (or... — read more