Thread regarding GlobalFoundries layoffs

It is me or a huge increase in level 7s

Anyone else notice a large increase in level 7 senior management with zero management experience. Was it not the point to have level 6 management first?

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| 1721 views | | 6 replies (last August 29, 2022) | Reply
Post ID: @OP+1ijfDjO3

6 replies (most recent on top)

@Rip
Yes.
10k-15k was the 3 year vestments for L7 on end of year review.

One month after L1-L5 got their 5% bump Level 6s were offered 7k over two years vested. Level 6s got shafted again.

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Post ID: @9avf+1ijfDjO3

One good news, HR chief has finally been fired. Expect better things. Cannot believe she lasted since 2009, how many good people and lives she destroyed. Her firing was long overdue. Ignore the "retirement" email, she was finally fired with a golden parachute.

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Post ID: @6tin+1ijfDjO3

Man fu-k GF. This place is horribly corrupt

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Post ID: @4uvd+1ijfDjO3

Do they give extra stocks starting with L7?

There was an avalanche of promotions to L7 and L9 just before the IPO. Well connected managers "pulled up" their guys

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Post ID: @4atp+1ijfDjO3

Filling gaps?

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Post ID: @1pzx+1ijfDjO3

Noticed some level six managers were promoted to 7

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Post ID: @jin+1ijfDjO3

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