Thread regarding GlobalFoundries layoffs

layoffs this week

just got an info, several people were let go yesterday and today in Santa Clara and Malta, as per source it’s a minor one and will not impact most of the groups

by
| 2591 views | | 7 replies (last November 14, 2020) | Reply
Post ID: @OP+17SZRAEv

7 replies (most recent on top)

the worst thing that can happen to you is when you find out later that for the last few months, you were training your own replacement at low cost centers in BGLR and/or Sophia and now as they are up to speed, you are let go!!

by
| | Reply
Post ID: @3fcl+17SZRAEv

So the same management team that ran IBM manufacturing intoo the ground is expected to save GF, makes sense

by
| | Reply
Post ID: @1fqf+17SZRAEv

doing small numbers every other day ... allows GF to get away with reporting officially

by
| | Reply
Post ID: @1vhi+17SZRAEv

and rehire in BANGALORE!!!!!

by
| | Reply
Post ID: @gtx+17SZRAEv

CA Worker Adjustment & Retraining Act requires to notify Government of layoffs of 50 or more employees during 30-day period; you can google WARN rules in other states.
Another round of layoffs is immanent behind smoke and mirrors to meet payroll reduction target, so the top brass can collect their stock options for IPO.

by
| | Reply
Post ID: @ezm+17SZRAEv

About 14 in PDK org yesterday. May be one or two in the IP team in SLC office

by
| | Reply
Post ID: @twv+17SZRAEv

Just heard the same

by
| | Reply
Post ID: @dqy+17SZRAEv

Post a reply

: