Thread regarding GlobalFoundries layoffs

Keeping costs low

Most of the new hires though are for technicians, preferably with little to no experience to lower labor cost. I think this is just to fill the numbers to ensure NY State keeps subsidizing them based on employee numbers. The higher cost, experienced and qualified engineers have already been purged back in August. Right now typically a technician or janitorial background is all that is needed for an engineering position to keep costs minimal. Management of course continues as before. GF is recognized as an industrywide failure, a company that cannot deliver even when they have guaranteed customers.

Well said @XulT7X6-5ugo . You summed up the whole hiring situation really well.

by
| 1153 views | | no replies yet | Reply
Post ID: @OP+Xz3INfy

There are no replies in this thread yet. Be the first to post a reply below:

Post a reply

: