Thread regarding GlobalFoundries layoffs

GF Dresden fab in danger after TSMC’s announcement to open fab in Dresden

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 been in talks with the German state of Saxony since 2021 about building

With both Intel and TSMC building cutting edge plants in Europe, GF’s survival is even more difficult.

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| 1361 views | | 10 replies (last August 10, 2023) | Reply
Post ID: @OP+1o0EGRU0

10 replies (most recent on top)

Sadly, Global Foundries will neither succeed nor fail in any significant fashion. GF will continue to perform at a mediocre pace. GF employees will continue to get cr-ppy raises and be cycled in and out through attrition and layoffs. GF is treading water

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Post ID: @2esp+1o0EGRU0

@2htc+1o0EGRU0

I was wondering same thing. I reached out to some of the LinkedIn semiconductor based news posters but not response from any of them.

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Post ID: @2lun+1o0EGRU0

Yo just a reminder, these threads are to talk about real things, you want to troll/fight go back to twitter, trolls. We should be focused on what is the next step for those concerned that beyond the talk our families maybe without cuz of these id--ts.

PS, anyone know a good media outlet that would cover dirt if someone had it?

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Post ID: @2htc+1o0EGRU0

There are some very good folks in Dresden. They will be the winners, being able to leave a toxic manager without uprooting their family.

I care for the few decent folks trying to grow a family and their career. Local work options help.

GF growth or demise benefits its shareholders. If you want to see the demise of GF, stop talking and start shorting the stock.

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Post ID: @1huc+1o0EGRU0

Same. I hope global fails in spectacular fashion. The whole company is rotten to its core. It is my hope, that another company purchases it and rebrands. Completely wiping Globalfoundries from existence so that mankind can begin to heal.

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Post ID: @1ufv+1o0EGRU0

It makes my heart happy when I see Gf employees bickering with one another. It’s a direct reflection of the toxicity that exists under TC’s rule.

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Post ID: @1vtp+1o0EGRU0

@1uum

Says the guy that goes around counters and upvotes and downvotes the same posts, continually, as well as posts the same stupid sayings about licking. You are so obsessed with licking, you are probably one of those sick guys that likes his bf licking his taint.

Loser.

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Post ID: @1scw+1o0EGRU0

@als+1o0EGRU0
For licking my a$$ so nicely I promote you to the newly created chief business officer for bathroom industry!
Onward, forward, Ebitda!

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Post ID: @1uum+1o0EGRU0

There’s enough market share currently and forecasted - and diverse need across chip markets -for GF to do well on its own current strategic trajectory.

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Post ID: @als+1o0EGRU0

This makes my heart happy. I love when GF is falling behind.

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Post ID: @heq+1o0EGRU0

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