Thread regarding GlobalFoundries layoffs

What are we even thinking

While we are whining about not get stock etc.. the top brass is in nyc already going to Broadway shows and partying at the expense of our raises.

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| 1541 views | | 4 replies (last October 26, 2021) | Reply
Post ID: @OP+1dulu8ln

4 replies (most recent on top)

All the sheep will be participating remotely. No solidarity, that's why we can't have nice things.

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Post ID: @1pum+1dulu8ln

If share is given for free but you need to keep for six months which is not fair.

You don't have to keep six months but pay market price no discount nor free.

We got better deal since we can sell for less loss if share goes down and they cannot sell for six months.

Again what is the benefit we are getting in share sale as employee when outside people also can get at market rate

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Post ID: @rwq+1dulu8ln

"Be happy" about 1% raises when inflation runs 10-fold of that? He-l no!
Stock options provide for deferred compensation, and this's why Tom & his Top Dogs rushing with IPO, while feeding us with "equity & equality" fairy tails.

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Post ID: @ory+1dulu8ln

OP, most of them have 6 months holding period, albeit not sure starts earlier this month or this Thursday. Any bad news on GF will stock render their free stock worthless except few who got golden parachute. However, we should be happy that we are not paid in gf stock, it would be pay cut for most of us, especially if there is a holding period.

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Post ID: @zdl+1dulu8ln

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