Thread regarding GlobalFoundries layoffs

Possible Resource Action for Malta

Got word Friday afternoon for an upcoming headcount review and alignment prior to Q1 2204. Get ready, it's coming.

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| 1761 views | | 11 replies (last November 7, 2023) | Reply
Post ID: @OP+1pr6q583

11 replies (most recent on top)

GlobalFloundries is just the worst.

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Post ID: @2yab+1pr6q583

@2ure+1pr6q583

Why don't you go work for "regeneneon" whatever that is? Learn to spell you bitter unskilled hack. Your daily post are a reminder of why children should pay attention in elementary school.

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Post ID: @2rky+1pr6q583

Remember when they laid a bunch off last year right before thanksgiving! And on Veterans Day! It was just heartless and cold. But we are just one big family! Remember? OneGF! Haha no they are banking on everyone forgetting.

I hear too this is coming and overdue. It was suppose to be in September and no packages this go around.

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Post ID: @2vhg+1pr6q583

No layoffs when a big holiday party is being planned to rival regeneneon's. /S

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Post ID: @2ure+1pr6q583

https://www.thelayoff.com/t/1ovZLWUF

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Post ID: @2tsc+1pr6q583

I heard the same from a manager. Not sure if it's a huge layoff per say but headcount is being examined for possible cost saving opportunity in lieu of orders and fab loading. Something is coming.

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Post ID: @1gbz+1pr6q583

Given how bad loading continues to be for F8, and how behind the tech transfers are, I wouldn’t be surprised if this is accurate. The company as a whole is doing fine with product diversification, F8 is still like 85% one product.

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Post ID: @1cxm+1pr6q583

No information or rumors I've heard of layoffs. But the stock was at a 1 year low recently and the rumors are 3Q and 4Q 2023 financial results won't be good. I guess we will know more on Nov. 7 when earnings reported and how well TC and his minions can spin the numbers, so they don't look as bad as they really are.

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Post ID: @fiu+1pr6q583

🤡🤡🤡

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Post ID: @qoe+1pr6q583

@OP

Dunce. Q1 2204? If you're going to lie and try and start trouble, you can at least attempt to look credible.

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Post ID: @vis+1pr6q583

Cool story bro. Just like our 401k got hacked, right?

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Post ID: @lur+1pr6q583

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