Thread regarding GlobalFoundries layoffs

20k - 18 months

While we are looking at 20k-18 months contract somewhere else.

https://www.tomshardware.com/news/samsung-bonus-employees-tech-brain-drain

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| 1451 views | | 4 replies (last February 17, 2022) | Reply
Post ID: @OP+1fjB7z1U

4 replies (most recent on top)

They will follow the standard RSU structure of vesting over 4 years and the kind of management we have I would not be surprised if they decide that 70% percent best in the fourth year.

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Post ID: @2kku+1fjB7z1U

Hold out for the IPO - received no RSU
Hold out for attrition raise - got nothing
Hold out for L7-L10 sorry, don't believe you.
No more holding out, notice given.

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Post ID: @pdk+1fjB7z1U

hang tight, maybe we'll be pleasantly surprised by the bonuses in early March. Definitely not effectively doubling our salaries like Samsung, but maybe they'll be decent. Of course we'll see what the RSU structures for L7+ look like too. I really want cash instead

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Post ID: @ewd+1fjB7z1U

😬 just cannot wait to get my offer in from one of the competitors. Enough of this sh-t.

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Post ID: @ypv+1fjB7z1U

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