Thread regarding GlobalFoundries layoffs

Where are all good profit and future with feature rich BS?

TC lies are so obvious and all his plan to keep hiding the company structural weakness is big time exposed now. I am really fuming as it is utter failure on part of TC who just focused on IPO to save his chair. He completely forgot to strategize the future. His greed for chair was so strong that he put all his brain to confuse Mubadala to not sell GF and do ipo instead. What we got is obvious. Inspite of our so much hard work even during pandemic and record profits, GF is not in able to keep its employees. This is disastrous and fishy. Hope TC is fired soon so that Mubadala can finally sell.

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| 1771 views | | 9 replies (last December 9, 2022) | Reply
Post ID: @OP+1k4GWkEr

9 replies (most recent on top)

I am so glad I left 3 and half years ago when the industry was in a uptick … the Amt of bonuses and RSU thatI have gotten was something I never dreamt of ( to date - 100k bonuses and close to 300k of rsu are ready to be vested )

The bonuses and rsu I gotten in my current company beats all the bonuses I have gotten in Malta for the past 7yrs … and the Amt of layoffs when I was in Malta that I have to go thru … fearing I am next on the list was mentally draining … imagine ur boss telling u that the AIP u are getting is only 1% for the past 2 year cause the budget is tight … BS

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Post ID: @2fxy+1k4GWkEr

Hi guys. Agreed TC lied to us. Tim Breen and his mck gang are the biggest issue for GF.

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Post ID: @1mpe+1k4GWkEr

Features rich? What is it that gf competitors doesn't offers? There won't be any buzz phrase upcoming as the next exercise is 2023. They may just get rid of the SLT in 2023 so there is a fresh start for 2024. Someone will come in to continue with a new set of lies.

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Post ID: @1hyo+1k4GWkEr

TC isn't going to be able to lie for long. He won't fool the market. When other semiconductor companies are doing well or weathering downturns with minimal damage, any id--t can see that GF hemorrhaging money is an outlier. TC's probably out of road, knows it, and is trying to boost stock price and cash out before Mubudala tosses him.

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Post ID: @hoc+1k4GWkEr

Open Kimono

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Post ID: @luv+1k4GWkEr

Problem is that TC is very clever in convincing people with lies.

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Post ID: @iif+1k4GWkEr

TC may stall Mubudala for a few quarters, but they will get rid of him before long and try to sell their US fabs. Another company could clean house of old IBMers like TC, and for the right purchase price run the fabs profitably. Hope Mubudala axes TC sooner than later.

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Post ID: @ndm+1k4GWkEr

I am sure onegf will be their excuse for offshoring

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Post ID: @leq+1k4GWkEr

I think it’s really related to ipo - now that we are public the old tricks the used to pull when we weren’t public they can no longer pul. People outside of GF are now able to look under the hood now. “Open Comodo,” as old team blue used to like to say. Also these tricks are old out of playbook they run all the time but now most people are getting savy too identifying them.

Shame on us for not calling out sooner. But we shouldn’t stand for it any longer. You know in the spring they will roll out the “our values,” - “onegf” etc etc or some new buzz phrase bullsh-t. We just need to remember to call it out as manipulative gaslighting bullsh-t that it is and that these agendas won’t fly any longer

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Post ID: @pdq+1k4GWkEr

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