https://resources.ripplematch.com/globalfoundries-2024-campus-forward-award-winner
AIP Bonus Percent?
Do we know what the AIP bonus percent achieved value is for 2023 paying out in 2024?
Can anyone guess how they will implement the student loan reimbursement?
I'd imagine it's probably contingent on some.sort of contract so if they pay it off you need to agree to stay a year. Or it's paid out over a few years. But does anyone know any more than this?
AME Etch
AME Etch is the worst. I'm currently searching for a new job and have an interview lined up for next week. Wish me luck. I'm hoping to be able to give 2 weeks notice soon.
Globalfoundries to Chewy, interesting move - CFO
"PLANTATION, Fla.--(BUSINESS WIRE)-- Chewy, Inc. (NYSE: CHWY) (“Chewy”), a trusted destination for pet parents and partners everywhere, announced today the appointment of David Reeder as Chief Financial Officer (CFO), effective February 14, 2024." .. — read more
GF was dead the day it made decision to PIVOT 7nm
GF died 💀 the day when it accepted the defeat from technology development GF ☠️ died the day it licensed 14lpe ki-ling its own 14xm GF died the day it decided to close 7nm GF died the day it decided to close r and d to become a third tier... — read more
Christmas Tradition
Merry Christmas GF from all of us that got laid off last year and I'm sure from the ones last week. A new holiday tradition from a company without morals.
Another layoff in 2024 coming our way
Not surprised as GF revenues keeps going down. GF need to keep laying people off to stay afloat.
Employee Stock Purchase Plan (ESPP)
Hello everyone, I'm preparing for an interview with GlobalFoundries, and I'm curious if anyone here has information regarding whether GF offers an Employee Stock Purchase Plan (ESPP). I'm keen to understand more about their benefits package and any... — read more
Down votes
A poster claimed company about paid down voting. I do not usually post on these sites but needed co comment. I an a front end fab tech in fab 9 and have a close relationship with my manager. I mentioned this website and he said he knows, HR has... — read more
GF tooting misleading awards
GlobalFoundries' flaunting of awards like the 'Handshake Award' and 'Workforce Innovation Award' raises questions about their true significance in a landscape devoid of comparable competition. A conversation with the CEO, emphasizing the need for... — read more
New CFO
Welcome Mr Hollister direct from Silicon Labs!! Looks like he will fit right in with the SLT who are devaluing the company. Great pick TC..way to go! Silicon Labs quarterly revenue declined 24.5% year over year to $203.8 million, translating to... — read more
D-day ?
D-day tomorrow 12/12-12/13 in fab 9. Back end At least that's the current rumor Low moral and quiet. Hope this is just a rumor.
IBM, Micron to headline $10 billion chip research program in Albany
IBM, Micron to headline $10 billion chip research program in Albany New York will pitch in $1 billion to build NanoFab Reflection and equip it with new lithography machine used to print circuits By Larry Rulison Dec 11... — read more
Just how many tasks will be moved to Bangalore after all?
Each all hands those group photos there are getting bigger and bigger.
Industry layoffs surging
Broadcom, Qualcomm, OnSemi all announced major USA layoffs in the last couple months. Have to assume Malta and Burlington are next.
Headcount Reduction December 13-15
I work in HR and had meetings this week about the upcoming headcount reduction. I got hired to help people not executives, I honestly don't care about the NDA they made me sign. Here is what I can tell you without giving away my... — read more
Knew it was coming.
Well, no big surprise here. Was informed this morning we are losing two of my direct reports within 4 weeks. We are still struggling with lack of resources from the last reduction. We've been authorized no backfill, not even contractors. It's mind... — read more
Latest on layoffs?
How are things looking on layoffs?
GlobalFoundries Unveils Student Loan Repayment Program: A Mere Band-Aid on a Gushing Wound?
GlobalFoundries has announced a new student loan repayment program to help employees pay off their debt. This is a positive step, but some employees are wondering if it's enough to address the underlying issues that are causing them to leave the... — read more
GF $1M Gift to HVCC
You probably read this on GF current. https://events.hvcc.edu/event/globalfoundries-gift-recognition-ceremony/ GlobalFoundries Gift Recognition Ceremony Wednesday, November 15, 2023 11:00 AM - 12:00 PM (ET) TEC-SMART 345 Hermes Road MaltaNY... — read more
Ohh it's our fault GF is floundering
"We're a consumer led spending industry. If the consumers (us peasants) are not going to take their disposable income and put it into more cars, more electronics, and smart phone refreshes, it's gonna delay us." Well, if I only had thought about... — read more
GTA 2023 [[30] I asked GlobalFoundries' CEO about those EUV machines and 7nm]
[YouTube Video] Speaking with Tom Caulfield, CEO of GlobalFoundries about how the company is navigating the industry in new Al world, what it's doing with Al, and where those EUV machines went that they used to have. [00:00] GTS 2023 [00:34] How's... — read more
CEO on CNBC
TC seems to stutter a lot in this video, he isn't his smooth talking used car salesperson we are used to. If revenue won't increase until AI integrated heavily into consumer electronics that could be a while out and lean times until then. Doesn't... — read more
"Early Retirement" package.
I got called in for a meeting with my manager today to discuss the package GlobalFoundries offered. I was given a packet and a link to website with more details. If I'm interested, I'm to contact HR for more info. I was a little shocked as I'm only... — read more
Geat earnings team $GFS
Congratulations to all the workers who made this happen and still employed at GF. https://www.barrons.com/articles/globalfoundries-earnings-stock-price-28554c72
Possible Resource Action for Malta
Got word Friday afternoon for an upcoming headcount review and alignment prior to Q1 2204. Get ready, it's coming.
Bankruptcy coming for GF. RIP GF
Heard GF is planning to file for bankruptcy soon. Not surprised, it has no where to go. With key players like TSMC, Intel and Samsung firing on all cylinders, this badly managed company kept going south since pivot. RIP GF
Four Former Employees of GlobalFoundries Singapore and Company Director Charged for Alleged Offences (July 2022)
Link to article Occurred at Fab7 Singapore https://www.cpib.gov.sg/press-room/press-releases/190722-four-former/
F8 HR
Never seen a group as incompetent!!! Been thinking it might improve after ER and the other guy left but not so.
GF Empower 401K HACKED
Check your 401K account Now
McKinsey take down
As many of you know McKinsey consultants are very active in advising the SLT leadership and management. Comedian John Oliver ran a piece on their activities last Sunday; https://m.youtube.com/watch?v=AiOUojVd6xQ Now whether you like John Oliver or... — read more
Deleted post ???
On 10/18 there was a post here about Glint survey time and posting low ratings about our leaders. By afternoon it was no longer available to read !! What's up with that?
$35M to accelerate GaN
There are many companies in the US doing GaN already so why is the US Govt giving funding to a company like GF where they outsource the majority of their employees? Most likely the $35M will be used for a few new tools in the Vermont fab and then... — read more
TC sold 31 million in shares in one month!
DR has been selling shares of global from January to September that have amounted to over 18,000,000. From May 25 2023 to June 26 2023 TC sold over 31,300,000 in shares! How ironic to have these posters of ethics week all over the building when... — read more
And they keep leaving....
Another one from AME Etch has left GF. At this rate, GF might not have to do another round of layoffs. It's petty but, it gives me great joy when I hear GF still su-ks. Lol
What is wrong with GF's SLT?
GF's Senior Leadership Team (SLT) is just horrible. Zero innovation, zero strategy, horrible at getting the team to execute, totally lost trust in them by all employees. What is the BoD/Investment company waiting for before pulling the plug on TC... — read more
M-day Video
Could the manufacturing day vid be any more cringeworthy?
Another holiday surprise coming this year?
Right at holidays last year big rif, is it coming again???
Layoffs in Burlington?
Any news?