I've noticed alot of desked cleared off from D shift employees. Was anyone already let go or are we still waiting to find out?
GlobalFoundries has mastered small layoffs
Semiconductor is a volatile business where you must be prepared to move where the “biz iz. However GlobalFoundries lied to most of us failing to succeed in any node never moving from the “start-up” mode yet bleeding the locals dry with tax breaks and... — read more
256Mb achieved on a testchip
Last hurrah!
90 days severance: lump sum or biweekly?
I think the 1 week/yr will be in lump sum, but does anyone know if the 90 days severance will be in lump sum or paid bi-weekly like regular paychecks? what about the health insurance benefit, will it remain for another 90 days? Last question: those... — read more
We were just in the wrong industry...
Semiconductor industry, especially foundry, needs employee to work very hard to tune different conditions very carefully. TSMC is a good example, Samsung too. IBM is a bad example, now even Intel. Asians, especially from China and Korea, have... — read more
GF Layoff announcement at 3pm 08/27/18
No more 7nm.
Drink that Orange Kool-Aid
I wonder how all those people who drank the orange kool-aid and uprooted their lives and family to move up to Clifton Park from East Fishkill are feeling about that decision now? Enjoy paying for that McMansion with no job. Sure, you can look for... — read more
Celebration with cake cutting at GF and lay off next week
Company with such ridiculous management destined to fail. They are celebrating M4 exit of technology which rumor mill strongly suggest closing next week and a big percentage of employees will be laid off.
bypassing WARN act?
How do they bypass NY WARN act? The law requires 90 day notice for layoff more than 250 people from a single site. I am fairly sure more than 250 will be impacted next week. Is it by giving 90 days severance pkg?
Be prepared!
It is no longer an "IF", the worst will happen Tuesday. Be prepared. Take home your personal items. Clear out your desk. If you haven't already, update your linkedin and resumes, start calling your network. The severance package may be better than... — read more
This Place No is Last
This place run by satanic bony aliens. I come here I waste my whole life.
1 round of layoffs complete, 2 more to go for 2018!
And I guarantee the high-level execs that put the company in this position won’t be losing a second of sleep over fear of losing their jobs. Keep telling us how well we’re doing as a company, Tommy boy, while you deliver the news of the next round of... — read more
To save us we must sacrifice some
The layoffs are being done to save the company. Hard decisions must be made, the ship is sinking and only limited life boats. We can all drown or we can save a great majority. Unfortunately there will be 3 layoffs in 2018, 2nd qtr, 3rd qtr, 4th... — read more
100%
I heard 100%
Global Foundries rumors to cut 20% of workforce associated with 7nm.
Rumors are circulating that our investors pulled out on us, and we're facing a 15-20% reduction in our workforce with a major focus on any employee associated with the 7nm project. If true, to hell with this company. Can't wait to find employment... — read more
Shame on GlobalFoundries
Shame on GF. Attracts talented workers to a remore, God forsaken facility in the middle of nowhere only to lay them off a couple years later. A crime to lay off the older, experienced, dedicated workers since they want to work in that environment and... — read more
Layoffs today in Malta, NY
Anyone else get caught in the layoff today in Malta, NY?
5% or close to 1,000 employees to be laid off by GlobalFoundries
This was announced to the workers on Monday. We'll know more as the time goes on. The severance package should be OK and this is not USA only. I know it always s---s to be laid off but it is what it is and we all hope that teams will not affected... — read more