n/m

Negotiate band, not base pay. Lay offs are focused on high base pay by band. At your next promo, push band, not base. You want to be low base and high band, to stay off the Breene radar. Or unionize, but that is not getting any traction. — read more 

Making huge huge money on Stock except for my own company’s junk shares. Everything going up except GF! 😂

When is the board going to finally fire our stupid a$$ CEO? It wi be too late when the stock is $0 and we are all layed off.

Now that we had a good quarter and the stock has finally gone up, watch out! GF loves to layoff when things are good.

GF fined $500,000 for restricted chip exports to China... — read more 

In a statement, the Commerce Department said GlobalFoundries sent 74 shipments worth $17.1 million to SJ Semiconductor, an affiliate of SMIC, without seeking a license

I along with many others own a substantial portion of gf share. Sure they were discounted but what is the plan for growth? Any insight would be great!

Super Micro shares plunge 30% as auditor resigns after raising concerns months earlier https://www.cnbc.com/2024/10/30/super-micro-auditor-resigns-after-raising-concerns-months-earlier.html

Should this concern us? What will GF’s numbers look like? If bad what steps will be taken?

GaN is a bright spot. Will Fab 9 expand? Double in size?? They do have plenty of mfg space to utilize! Very promising and exciting times in BTV.

Just like in the past, layoffs will once again occur in the midst of the holidays. it's nothing personal, just closing out the quarter.

At least we tried our best. We could not control external factors that led to our demise. We will be known in history as fighters who fought well though before extinction.

https://www.insidermonkey.com/blog/globalfoundries-inc-gfs-worst-performing-nasdaq-stock-in-2024-1376692/ GlobalFoundries (GFS) is facing significant challenges, evident in its nearly 30% decline in 2024. A key issue is its failure to capitalize on... — read more 

ASML shares plunged 15.7% on Tuesday, the worst drop since the chipmaker went public in 2002, after an early earnings release revealed a lowered sales outlook for... — read more 

Wow….. I don’t think they violated any rules? What gives?

Unionizing can offer several potential benefits to workers, including: Collective Bargaining: Workers in a union can negotiate as a group with their employer for better wages, benefits, and working conditions. This collective power often results... — read more 

To the person who told me to go find a new job if I’m so unhappy- thank you. I just got hired with another manufacturing company in the area for a 53% pay increase. Benefits are extremely comparable. Thank you again for the advice. If no one... — read more 

Unions!

Port strikers won. 63% wage increase over 4 years and guaranteed to not automate their jobs away. Interesting how they came up with an average of $22 an hour increase when people got together. Hmmmmm interesting

It amazes me that people come here to talk about the problems at GloFo so that it may get better for all of us, and they’re met with disrespect and criticism. The point is simply to acknowledge that pay does not seem competitive so that we may... — read more 

Just when I thought the work-life balance couldn’t get much worse, global adopts “a performance culture” where a certain percentage of the population must be rated as a low performer. This will increase negative competition between us, and everyone... — read more 

Let Chuckie know about how GF works - low raises.....union busting......sending jobs to India......quiet layoffs in GSC.... https://www.schumer.senate.gov/contact

BVT is a mess....loading bad, buildings falling apart, roofs leaking and they make our fab manager in charge of all facilities, hopefully other sites don't get launched to the stone age with vacant dilapidated buildings like us.

Been hearing a lot positive things. Goal is to not lose employees to Micron over the next few years. Big benefit boosts coming, pay raise over 2% and referral bonus!!! Make sure too include and thank your leadership in your survey for turning things... — read more 

I'll go first: restroom attendant, mall cop, fast food cashier, door-to-door salesman, late-night convenience store clerk.

Two years ago this month, I moved on—well, more accurately, I was forced to move on due to a layoff. I worked as a Java software developer on a great team. We achieved a LOT despite the lack of direction and adequate tooling because of costs as most... — read more 

Glint feedback

Let’s get every employee in this company to write to the board demanding that Tom Caulfield be immediately fired for gross incompetence and the destruction of GF.

Mubadala in play? https://uk.investing.com/news/stock-market-news/tsmc-samsung-discuss-building-chip-factories-in-uae-wsj-3703019

where GF stands in AI supply chain? https://media.licdn.com/dms/image/v2/D4D22AQGhAspnpG2qJw/feedshare-shrink_800/feedshare-shrink_800/0/1726632934403?e=1729728000&v=beta&t=TtFqwFo8oCEdyuoRn8ahGm0NDPU7oXOPmy9RsOe0sIg

Dow hit record high. Our stock record lows. We are doing great guys. Keep up good work. Globalfoundries is a healthy company!

What are my options?

GlobalFoundries made a pivotal mistake in 2018 by shifting its focus from cutting-edge semiconductor manufacturing to essential chips produced with older technology (12nm and above). This move, intended to save costs, led to reduced R&D and capital... — read more 

How morale? Feel my job move to India.

Grabage Culteries doomed to fail.

Mubadala Lost Over $22.4B, now they are hoping the public bails them out with a GF junk stock sale. Only a massive layoff can help this company now. Hope it happens.

After employees with HR issues and low performing statuses have been figured out at the end of the year, F8 Malta and F9 Burlington will have headcount reduction actions taken. Current forecast is a 12-14% reduction in staff including job levels... — read more 

GF accidentally release employee personal data GF gives free 1 year Allstate identity protection coverage GF, without employee permission, automatically deducts the monthly cost of this protection to pay Allstate from employees paycheck... — read more