Everyone seems to be very down.

Found this post #GlobalFoundries #AbuDhabi #USA #SemiconductorFab #TechnicalChallenges #LogisticalHurdles #EconomicObstacles #InfrastructureNeeds #SupplyChainIssues #InvestmentCosts #TechExpansion **Another video from Asianometry on GF. **Some... — read more 

While we can barely manage ourselves.

And yet they had their hands wide open for every cent of government handouts. Our fearless leader is nothing more than a snake oil salesman. A very short one at that.

GF has demonstrated a severe lack of innovation and creativity for a long time now. The employee base is the least intelligent of any workforce in the industry. Their doom was highly predictable.

Soon GF will announce cost saving measures and layoff 20% of its employees.

Any clue about this scenario?

https://www.theregister.com/2024/07/25/stmicroelectronics_q2_weak_demand/ The recent Q2 earnings slump of STMicroelectronics, driven by weak automotive sector demand, signals broader industry challenges that will likely affect GlobalFoundries (GF)... — read more 

GF is facing a critical situation marked by a lack of technological innovation and delivery, compounded by a toxic work culture. The company is dominated by a clique of sycophants who prioritize loyalty to their internal mafia over the organization's... — read more 

https://media.licdn.com/dms/image/D4E10AQE34JIbgcwvFQ/image-shrink_1280/0/1721606885140?e=1722218400&v=beta&t=3Hf1uHn9m50SK8u76jliTByx4VfGm6ACq5svNuqUciA

China’s strategy of building a semiconductor industry with older machines showcases its commitment to reducing reliance on imports and becoming a key player in the semiconductor market. China's strategy of advancing its semiconductor industry by... — read more 

https://www.allaboutcircuits.com/news/qa-with-globalfoundries-vikas-gupta-silicon-photonics-data-centers-shoulder-ai/

https://www.linkedin.com/posts/linasbeliunas_the-ai-effect-76-of-nvidia-employees-are-activity-7214569976391729152-GSOt

https://www.cnbc.com/2024/07/05/globalfoundries-hiring-as-semiconductor-chip-demand-rises.html

https://gf.com/gf-press-release/globalfoundries-acquires-tagore-technologys-gan-technology-to-accelerate-disruptive-powermanagement-solutions/

In the great tapestry of American industry, the ethos of innovation and integrity has long been our guiding star. Yet, in these turbulent times, we face a challenge not just from foreign adversaries who seek to undermine our technological prowess... — read more 

GF is outsourcing the outsourced countries .... what a bottom feeding company!! https://www.digitimes.com/news/a20240315VL200/globalfoundries-india-singapore-taiwan.html

Read what experts say about GF not Tom C or Tim B's minions

The SLT is on the right track again! Productivity is through the roof. This will allow GF to optimize areas of need with the current staff. I heard employees should be excited because it will open up a lot of new opportunities. Get ready, stock will... — read more 

This is actually hilarious. My guess is that the only reason Fab9 is still open as if they can't find someone to take it off their hands when that huge massive land area becomes GF problem on cleanup. That pretty much can't be done to meet Vermont... — read more 

Republican and Democratic senators have united in their stern critique of Boeing's safety protocols, standing strong for American safety standards. I fervently hope that a leader from one of our esteemed U.S. branches of government will boldly... — read more 

https://lnkd.in/ga4Px_VA Matter of time when GF has its version

The TrendForce report indicates mixed news for GlobalFoundries. In Q1 2024, GlobalFoundries experienced a significant QoQ revenue drop of 16%, falling to the fifth position in market share due to declines in orders from the automotive, industrial... — read more 

There will be small targeted layoffs soon. All part of a plan that has been in place for a while. https://www.digitimes.com/news/a20240315VL200/globalfoundries-india-singapore-taiwan.html

Baldwin Investment Management LLC trimmed its holdings in GLOBALFOUNDRIES Inc. (NASDAQ:GFS - Free Report) by 65.7% in the fourth quarter. https://www.marketbeat.com/instant-alerts/nasdaq-gfs-sec-filing-2024-06-08/ Based on current market analysis... — read more 

Tom C. Needs to update his old catchphrase to "Downward Team" it's more fitting to his ideas.

We need to come together as a team to lookout for each of our sites to better our own personal financial situations. I'm not suggesting we try and form a union or go on strike. I understand some people view unions as a bad thing, and striking is... — read more 

https://www.msn.com/en-us/money/markets/globalfoundries-stock-is-on-track-for-worst-day-in-more-than-a-year-this-is-why/ar-BB1mVyqS?ocid=finance-verthp-feeds This makes my heart Happy.

Just like any other company that closed in past. GF is on the same trajectory. It is short of strategy clearly. Next is it remaining people. It is really waiting to happen. As soon as those newer employees with 2-5 experience, start leaving the... — read more 

Mubadala leads the selloff of GF shares. That’s all folks! The end is near and the stock is dropping like a rock.

China’s Semiconductor Manufacturing International Corporation (SMIC) has risen to become the world’s third-largest chip foundry, surpassing GlobalFoundries, according to Counterpoint Research. This milestone underscores SMIC’s rapid technological... — read more 

Looks like Mubadala is beginning its exit from the sinking ship. Selling $1B of its shares to be funded by GF's balance sheet. https://finance.yahoo.com/news/mubadala-offers-sell-950-million-214328938.html

Here's the cold hard truth: for all you minions backing Tom C, this is the cost of incompetence from that so-called leadership team. Shame on every single one of them.

My curiosity got the best of me I must admit. Been gone just over a year and by the looks of it here, nothing has changed at GF. If anything it's worse. I can't speak for everyone who got laid off, but I know for a fact many are doing well including... — read more 

Stats says Gf is losing China market

The numbers just don't add up. We'll see how these stealth layoffs pan out in the next few quarters.

https://www.investors.com/news/technology/gfs-stock-globalfoundries-q1-2024-earnings/

Chartered semiconductor culture, something that is close to successful foundry cultures of T and U, continues to evolve in a cut throat market. It kept gf alive with money from brutal, but successful revenue machine that is GF Singapore and those old... — read more 

Nothing says finical doldrums like removing basic quirky perks, coffee, tea bags, sugar, honey, plastic knives and forks and napkins from break areas. Definitely dark finances on the horizon.