With most of the old-timers laid off, do they really think they can run this company with only millennials? Half of who don't even plan on staying longer than a year or two as it is? What kind of business strategy is that? Get rid of all the... read more
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Topics regarding layoffs at GlobalFoundries
Or still no news (which would be good news in my opinion?)
This is post from Sept. 14, 2018 http://www.semimedia.cc/?p=2739 Interesting to note that this could make UMC nearly twice its current size, if they buy GF as a whole.
https://techcrunch.com/2018/09/12/apples-new-iphones-are-powered-by-the-industrys-first-7nm-chips/ Which fab will build this ?
Check this out: http://www.smics.com/jp/site/news_read/7527 SMIC 14nm FinFET Technology is Now Ready for Business ... Dunzo!
Public Service Announcement: If you are on HSA plan and didn't get 100% of your GF contribution yet, you can still log into RedBrick Health and complete the activities. I have verified that new money went into HSA from activities that I completed... read more
Hey team , I was also recently laid off from Globalfoundries. As an student on F1 Visa OPT , when shall I count my unemployment days to begin..Is it from 28 Aug or 28 November..since we are on payroll till 28 November but not actually working... read more
T buys SGP S buys MLT Govt or Bosch buys DRS Analog company buys 9&10. #ZeroGF
Let's take a poll...anyone? Not a single one?
There are local job fairs coming up with reps from Samsung, Micron, and Intel. Google it up if your interested in changing locations.
For those impacted by the August 20 RIF, here's what you can expect re COBRA (I was let go in June so I'm a going through this right now). about a week after your last date of employement (~11/28) you'll get a package in the mail from the COBRA... read more
I read that Intel board has former GlobalFoundries CEO Sanjay Jha on its shortlist for CEO. Who in the world thinks this is a good idea? Do these people do their research? I guess we can all get some popcorn, lean back and enjoy the show if he is... read more
Anyone know the reference or context of this statement?
I have a question to all here that seem to have more information than I can find... I just read a post regarding layoffs starting November 28th. Is this the layoffs that just took place August 28/29? Or is this another round that is planned? General... read more
I got a job offer recently that offers lower pay (around 15 percent less) but better conditions overall (including job security.) At the time I prioritized money, but now I'm thinking I might have made a big mistake. Now I'm thinking of checking if... read more
Does anybody know when those who have been laid off in the latest round will receive severance? Wasn't it supposed to already be paid out?
Have the roles and responsibilities been made clear for the 14nm "differentiation" team. What is the former 7nm team going to do?
To all My friends who still there and those who already busy with job search. Obvious time to move on and let this ship sink itself in next few months. Let Leaders enjoy their loot and we enjoy notice period pay !!!
From a Book on salesman skills - There are two primary ways to lie: to conceal and to falsify. In concealing, the liar withholds some information without actually saying anything untrue. In falsifying, the liar takes an additional step. Not only does... read more
The golden days of high water ASPs are over. How much $$$ can you add to the wafer by adding a feature here and a device kicker there? This "differentiation pivot" will also get old when the next time there is an "efficiency action ". There will be a... read more
unfortunately, all those still there even after 1000 employees laid off in last three months.
Did not one of you realize this company is run by X Ibmers who already have quit, retired or got laid off years ago? Why would anyone want to work in a Semiconductor business when IBM surplussed out thousands in 1993. Now all of you were hired and... read more
Bluntly speaking, GF NEVER had a realistic roadmap to profitability. Massive billion dollar cash injections kept it artificially alive, most of the good managers already left for the competition who is making RECORD profits !! It's not a question of... read more
I'm really sorry for all of those who lost their jobs, and I want every single one of them to find themselves in much better situation as soon as possible, but I'd be lying if I said I was not happy I still have this job and I can finally enjoy my... read more
New employee tours 3 days after Mass layoff, good taste GF! Really motivates those of us who lost friends, spouces and other family members to continue our efforts here to make our executives rich! Restructuring did not occur as stated except for... read more
Are there any rumblings about a class-action lawsuit for age discrimination? I'm holding off signing the agreement for a while...
Anyone care to comment about the all hands and Globalcast?
So how does this affect the numerous vendor company employees from companies like encore semi, asicNorth etc that the GF ASIC team heavily relies upon.
Anybody else feels like this was the start to the end of the company? Too many good people lost, too many projects crippled... How exactly are we supposed to continue with work now as if nothing has happened? I honestly can't see how this can in any... read more
It is finally over, right? For now, the layoffs are done and we can relax for a bit?
EUV tools pulled out and being sold 7 5 3 nm gone. No Apple no AMD no automotive no IBM no partners no product no nothing. This wasn't a layoff this was a purge of desperation before they close the doors. Get out asap while you can
Fab 8 leadership did not aid anything to 7nm process development then
I remember liking working here. People were kind to each other and the end goal was always helping each other. Boy are those days gone in every aspect.
The continuous threat of layoffs here at GF is hanging over me big time (I am sure many agree) - this is stressing me out so much that it is affecting my health. I am concerned.... Anyhow, poor appetite, trouble sleeping, my blood pressure is high... read more
Who the heck was responsible for deciding who to lay off off? Some of our best people are gone! Who does things like this??? Does our management have any brains cells left?? Wanting to get rid of dead weight i understand, but this is just plain... read more
Open Position / GF HR is Hiring GF is hiring a senior HR Specialist who have about 30 years of experience in Legal Matters on Laying Off People diplomatically. This HR resource should be preferably female with singing ability and know the Song "Break... read more