Instead of stepping up to the challenge, GF is crying to the German Government. Seems as if Germany is getting behind and subsidizing TSMC for a new Fab. “ The situation has led Globalfoundries to register its concerns with the EU Commission. The... — read more 

The big question is where does GF go moving into the future in terms of strategic direction to increase revenue and gross margins to allow for increased development investment? The current technology roadmap has nothing novel in it to differentiate... — read more 

I did an analysis for myself about GF's future and whether I will stay or go that I would like to share. Thinking fab by fab here: Fab 1: Dresden 300mm fab. Nothing new being developed, 28BCDL on and off hold, 22FDX has limited customer base... — read more 

Is it considered IPO failure?

Go figure. Who cares about GF anymore. Let us make money while it us in death bed.

Taiwan Semiconductor Manufacturing Co (TSMC) said on Tuesday that its board had approved a 3.5-billion euro ($3.8 billion) investment for the construction of its first European factory, in Germany. The world's largest contract chipmaker, TSMC has... — read more 

This quarterly is going to be decisive as this could mean end of GF.

https://finance.yahoo.com/news/7-chip-stocks-sell-nvidia-003634014.html Globalfoundries (NASDAQ:GFS) is also one of the top chip stocks to sell.

How many of us think that GF will not survive this slump and file bankruptcy?

GF looking to expand anywhere but the US.. And they got their hand... — read more 

Last I checked IBM was still collaborating with Japanese firm to build 3nm.

https://finance.yahoo.com/news/globalfoundries-inc-nasdaq-gfs-shares-191247483.html

This is indeed time to get out of GF to help GF. Trust me. Let us lighten the sinking GF boat. Many are already.

Everyone I know who left voluntarily or via layoff are doing really well.

I wish I was more optimistic, but it doesn't seem to me that GF has any clear strategy for the future. I think if you were to ask the employees what they think about the future of this place, the answers would be overwhelmingly dismal.

In Malta a group of 300 employees are planning a walkout at 10am. We will simply stop our duties and head to the entrance gate and begin our strike. This has gone to far and it's time to take a stand.

GlobalFoundries has criticised subsidies that Berlin is preparing to offer the US chipmaker’s bigger Taiwanese rival TSMC for a planned plant in the east German city of Dresden. Thomas Caulfield, GlobalFoundries’ chief executive, told the Financial... — read more 

Nothing seems right Attrition at its peak Terrible leadership at every position Loading sinking fast Issues taking forever to solve Stock prices sinking

I don't believe there are many here who still trust this leadership and have faith that they know what they are doing. It seems like the company has lost direction, doesn't it? I don't know if I'm more frustrated or saddened by what's happened to... — read more 

With the financials plummeting and a technology roadmap which has near zero differentiation where does GF go from here? At this point GF is just a company falling further and further behind our competition in terms of technology portfolio, revenue... — read more 

Seems we are seeing last batch of remaining talents moving in mass to IBM and Wolfspeed. This is not surprising as GF really does not need talent. New engineers from local state university should do the job well. What is worrying is that even local... — read more 

Were promotions a hit or miss for your team? It seems mixed as always. I thought some junior members on my team would get the bump, but it was all senior people going up another level. I think they still deserved it, though. Another case where a... — read more 

company said Tim Stone will not assume his duties as chief financial officer, and will leave the company effective today. The announcement comes just two months after the company said it appointed Stone as the new CFO, taking over for Dave Reeder who... — read more 

I know many of us hate GF as it has terrible, toxic and totally incompetent leadership every where from CEO to first line manager. My view is that with extreme competition in industry, it is better for best talents to be at those top companies like... — read more 

While rumors about layoffs are circulating, I hear from people that there will be no packages offered this time around. I don't really believe in that, but I'm wondering if anyone has more insights?

Seems we are reaching to point where GF IPO will be deemed failed.

GF is sinking because of wrong, boot lickers and incompetent leaders eating it daily. There was no reason for GF to sink this low. It was definitely avoidable. We all feel ashamed to tell outside that we are GF employees. Not sure how long company... — read more 

Seems this round will be mostly experienced expensive employees who could be replaced with trained newer employees. Still need 40% headcount reduction to meet benchmark financials.

With most of talent gone. GF has become a place where needy like me come to do something to get paid and go. No enthusiasm, no innovation, no creativity, no challenge.. Just a place for some of us who could not leave or need a place to earn for... — read more 

Seems Wolfspeed is in great momentum and absorbing the remaining good employees from GF

GlobalFoundries lands a Zacks Rank #5 (Strong Sell) at the moment given its downward earnings revisions. GlobalFoundries also earns an “F” grade for Value and a “D” for Momentum Style Scores system right now. It might be best for investors to look... — read more 

My 9 year career with Globalfoundries has come to an end. Leaving the semiconductor industry all together. Entering the pharmaceutical industry with a company that rhymes with Schmereneron. 😂 They are currently hiring for the “new” facility, if... — read more 

Dismal raises again this year at GF. 0-2.5% typically based on how well paid they think we are based on their imaginary salary bands compared against Walmart, etc.... What a joke!! I get we are in an economic downturn; however, inflation is still... — read more 

Although I hope that the rumors about layoffs that are circulating are not true, I am interested if there is any truth to them, and if so, how far from them are we?

$20M+ stock sold by TC in May/June, does it signal anything? https://www.theglobeandmail.com/investing/markets/stocks/GFS-Q/insiders/

So wait a minute, people lost their jobs because they didn't get vaccinated due to federal guidelines. But we're not going to celebrate Juneteenth? I got the only way to make sense of it is to understand that our DE&I lead is a white lady from... — read more 

New job offer accepted! Gave 2 weeks notice this morning. I’m leaving Malta in the rear view mirror. 😊

It is very unrealistic to happen, but in the hypothetical case that GF gives us the opportunity to leave voluntary, I wonder how many employees would stay here?