Anything you can share?

I made a big mistake when I came here. I thought GF was a much better organized company. Turns out this is a big mess. I guess it wasn't so disorganized in the past?

It's June and the exodus has begun

Now I can't help but roll my eyes when the manager starts promising promotion. I feel terrible because I wasted my time here because I really believed in what the manager was saying. How many times have you been promised getting promoted... —  read more 

Interns should be joining our teams soon. How much are they making this year? $30hr still? Higher than the average technician wage right?

I see a lot of posts criticizing HR here, but it's not clear why the posters are being critical. The posts are like "get rid of HR", but mostly without cause or reason. Without getting too specific, why?

I have been working here for a long time and I have witnessed bad times before. However, back then everyone hoped that things would change for the better and they really did get better after a while. This time, it seems that no one believes that... —  read more 

I'm looking for a job but I haven't received any offers yet. In the meantime, I fear who will be the next of my colleagues to leave, even though I am glad when any of these hardworking people manage to get out of here. It is stressful waiting for... —  read more 

If you were part of the SLT, what would be your plan to reinstate trust with the company ? This is a question for the long term folks who have lived through this relationship.

I was hoping that the attrition would slow down because I really can't stand all the stress and overload anymore. But I haven't noticed that actually happening. How do you deal with the effects of attrition?

The current trend is send the favorites out temporarily and rehire them in 2 levels up. A recent Sr Module manager rehire his favorite in year and half at 2 level higher to what he left before (level 6 to level 8) to management position falsely... —  read more 

GF did almost nothing to keep the best people. Isn't that awful? The company is doomed.

Well well the CIO and Global head of digital manufacturing has left GF

50% off all Cafe items/food for Employee levels 1 through 9

https://youtu.be/Fmj5r8ws2Mw

Received an email from them. No details other than the planned dates (June 2nd to June 4th)

Hey, There was a post on here earlier today mention attrition numbers …. It’s gone now. Why? And can someone quote those values again Thanks

At first I thought it was just me and that I needed some time to adapt to my new job's environment. But no, as time goes on, it is becoming increasingly clear to me that this place is simply toxic. Has it always been like this?

https://www.cnbc.com/video/2022/05/11/globalfoundries-ceo-says-company-is-ready-to-do-its-part-to-increase-uss-chip-production.html If you read between the lines the company is ready to do it if they get money not like our competitors who are... —  read more 

I like how there is an equal amount of GC questions about IT issues and wages. Who is enjoying Microsoft 365? Talk about a terrible decision. Whose idea was it to switch to Microsoft? Some consultant? Which? Are we still paying them? Are they the... —  read more 

Almost a quarter of a billion dollars in profit for 1Q, but no money for raises? What bu-----t. At what point do people start to organize? If Starbucks and Amazon employees can do it, why not GF? Germany has strong workers rights compared to the... —  read more 

Let’s just run a survey to evaluate if your manager is good or worthless. Use the up arrow for good and down for bad. We will atleast have a cumulative data of overall quality of manager

It doesn’t matter how hard you work as long as you manage to feed your manager’s inflated ego. However, since I’m not a person who wants to play games like that, my manager will always find some objection to my work. On the other hand, I really... —  read more 

https://www.bizjournals.com/albany/news/2022/05/02/globalfoundries-wins-department-defense-contract.html The contract award might be true but it is not because of the contract that 45 nm will move to Malta but mainly because of EFK being sold to... —  read more 

A deja vu moment. Remember when chuck shumer talked about Saratoga chips https://semiwiki.com/semiconductor-manufacturers/296139-the-globalfoundries-impending-ipo/ Maybe he knew something then of what was happening in EFK and was already predicting... —  read more 

Transparency - with my present company it is very clear on what products we are working on. There is a clear guidance on goals that flow down but at GF there is a complete disconnect on how the goals information flows and it completely changes... —  read more 

So GF bags another award - “Congratulations AP, CB and the rest of the GlobalFoundries total rewards team for your 2022 Global Equity Organization award in the coveted "Most Innovative Plan Design" category. I just don’t get it in which parallel... —  read more 

High attrition = second factory If the news is correct it seems there is a big disconnect in the priorities at top... —  read more 

I was actually glad to learn that new hire has almost the same salary as me, even though I've been loyal to GF for years. But on the other hand, isn't it a little humiliating when they equate someone who has just arrived and who has almost no... —  read more 

Guess what for GEO's 23rd Annual Conference (https://www.globalequity.org/geo/Annual2022) GF has a speaker talking at the session Facing the Future: Face to Face on "Keeping Talent from Walking Away with Equity Compensation". This coming from a... —  read more 

It's time to WFH to limit body's in building

The 'Great Resignation' is creating massive pay disparities between new hires and current employees at tech firms like Google and Amazon, sparking tensions on teams and a ripple effect of... —  read more 

Any update on moving back to Fidelity ? When companies give substandard employee benefit support in order to maximize their balance sheet, it never turns out well for the company and worse for the employees.

I don't see any need for layoffs any time soon. We're losing more than enough employees through attrition.

Another free ice cream opportunity GlobalFoundries Named 2022 Sustainability Leader by Casella Waste Systems, Inc.. Proud of GF for making strides towards a goal of zero waste to landfill!

Any observations or rationals behind GFS quick rise and fall? Felt more like speculation earlier on and lost steam when the short ratio went up to 20% of floating shares.

"For the March quarter, it brought in $4,650 for every 12-inch wafer it churned out for customers. That’s 10% higher than the prior quarter... —  read more 

What a shitshow. Ops director running around the floor yelling at people this morning like the techs are the ones keeping the fab down. Maybe we should have had our warmdown before gutting IT last year?

Yea and we get one ice cream coupon to celebrate. Thank you GF

We invite you to join us next week, April 13, at the Fairygodboss Inspiration Summit! Don't miss GF SVP & CHRO Emily Reilly's keynote on "Achieving Personal Empowerment." For more info & to register: https://loom.ly/fMpgXas