Thread regarding GlobalFoundries layoffs

Do you really believe that Malta layoffs are "finished"?

Let's take a poll...anyone?

Not a single one?

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| 2141 views | | 10 replies (last October 4, 2018) | Reply
Post ID: @OP+V2wyHSE

10 replies (most recent on top)

No, I won't..I tell the truth even when it's hard - right?

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Post ID: @rigk+V2wyHSE

This honorable person always lie with new story..that's a speciality of him.

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Post ID: @5gbw+V2wyHSE

Nail in the coffin:

http://www.smics.com/jp/site/news_read/7527

SMIC 14nm FinFET Technology is Now Ready for Business ...

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Post ID: @4ylr+V2wyHSE

Tom C says no more layoffs, why would he lie. He’s an honorable person.

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Post ID: @4jdq+V2wyHSE

No.... just a small calm.

The whole org is messed up. Made up of mostly high level managers whom no other companies want.

14nm business will not last.

The question is .... will the place even survive ?

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Post ID: @1lzr+V2wyHSE

"Nothing in Nineteen"

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Post ID: @1udi+V2wyHSE

Agree.. still we have to see how many left now

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Post ID: @cwi+V2wyHSE

IBM Microelectronics 2.0 indeed!

IBM had to pay $1.5B USD to pass the baton to GloFo alone with EFK sr. managent team.

3 years later and $B's losses mounting - a matter of time to find a buyer and pay him to take it over.

Continue with the same management over and over and expecting a different result?

Too sad for many who doesn't have gold parachute.

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Post ID: @ymv+V2wyHSE

100% correct —> “sell the brick and mortar to a successful entity that would benefit from a FAB in the US.”

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Post ID: @kic+V2wyHSE

So far the IBM layoff model has been replicated. The remaining layoffs will be in small numbers in frequent waves and locations to avoid bad press. It appears GlobalFoundries is going to make good on their current customer committments then sell the brick and mortar to a successful entity that would benefit from a FAB in the US. The transition will be messy... buckle up...

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Post ID: @vmh+V2wyHSE

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