With the current CEO about to complete 3 years, and GF in its 12th year and eyeing an IPO, I think it's perfect time for the board to show commitment to gender equality and D&I by hiring a woman CEO. None of the 4 CEOs so far, nor any of the current... — read more
Topics regarding layoffs at GlobalFoundries
BUs are overrated, over-compensated, understaffed, and full of highly promoted, young and outsider people, who have been unable to drive strategic business or gain or retain market share since the BU re-org. They have been unable to efficiently use... — read more
Heard its going to happen in SGP , deadline given to ppl who are not returning to work on sgp site.. to resign .. US sites , heard anyone rated a 1 will be given a PIP or offered a VSP ....
in Sgp Site , those that dun return from Malaysia back to the Sgp site office to work will be asked to resign ... already a bunch of 20yrs or more ppl have been laid off in the last 3-4 weeks here in sgp .. same news i heard from the US sites ...
People are leaving this place on daily bases for greener pastures and I can't figure out how they're finding new jobs. I've been looking for nearly a year now and whatever I find is at least 30-40 percent below what I currently make. Are people... — read more
My wife and my brother both lost their jobs since the pandemic started. Luckily, I still have a job so it hasn't hit us as hard, but my brother is a mess. His wife quit a while ago to stay home with the kids and now there's four of them with no... — read more
My last day was 12/31, I quit, not laid off, hope those staying find proper balance, geonbae
Is there still people to be laid off there? At early 2000, 8300 people worked there in BTV and now little over 2000 after couple of name changes from IBM. Same clueless management running the show so writing is on the wall. Death by many small... — read more
Manufacturing employees are the overlooked stepchild at GF. Its time to show your worth. What other group can be shoveled around like mere pawns on a chess board. Being sacrificed for the knights, queens and rooks. Getting 12 hour notice that you're... — read more
I was quietly laid off last month. I knew it could happen at any given moment. I wasn’t angry. I was upset but I wouldn’t give management the satisfaction of thinking GF got the best of me. In the weeks since then I’ve had a few offers from... — read more
I quit 2020/12/31, already have new job, kids registered in new school (remote schooling, we move I quit). if quit now I save someone job who be laid off. what do ?
I still remember a time when being good at your job and not being afraid to go the extra mile meant you would be able to get ahead. But the days when excelling at your job was rewarded are gone. Now being mediocre is celebrated and rewarded and that... — read more
BTV is seeing layoffs a few at a time. Low enough numbers so as not to trigger Vermont state notifications/involvement.
A whole bunch of mini-layoffs that stay off the radar but make sure that none of us ever again have a day of peace here? Because if that's really the case, I'm finally done with this place. I'm even going to volunteer for a layoff, if need be. This... — read more
just got an info, several people were let go yesterday and today in Santa Clara and Malta, as per source it’s a minor one and will not impact most of the groups
Any guesses on the layoff count/ attrition?
My kids HS Math and Science teachers are all female and either Asians or Indians 2 with PhDs. I am so pleased! These kids get into much better colleges better scores!
Hearing rumors of layoffs coming? True or folks looking to create churn. On one hand, people are still leaving, so I am confused for the need to layoff vs just stop hiring.
“Layoffs in the middle of COVID-19 pandemic will hurt company image: state and federal legislators (subsidies), local communities (forget employees). Will they manage to keep it silent and still meet the ambitious labor reduction target? Smoke... — read more
GF dropped out of the race of leading edge in 2018 at 7nm after significantly lagging behind. Two years down, when the next technology 5nm is in production (and this is on the internet), has GF's 'pivot' to differentiation worked and derivatives... — read more
Watch out - hiring freeze put in place and targets set for each department to shed headcount and to beef up financials in preparation for IPO. Silent layoffs advised by the McKonsultants for this round.
Hopefully there was thorough vetting of the new CFO and Lexmark. Using the Google brings up many disturbing articles
Is GF still going for IPO? Has the bullying stopped? How’re the leaders doing with their bonuses?
Govt fund Secured new land Collaboration with Skywater Tech All points to fab8 extension ?
I worked at GF for a considerably long time, but have moved on to better opportunities (not saying much, I know). From an outsider's perspective, GlobalFoundries has never met the expectation of the ultra-rich investors. The company has always... — read more
I heard a rumor that there will be no raises or promotions until July. Anyone else know if this is true?
This time the annual retreat of several hundred 'leaders' goes international to a resort in Europe. Last year was in San Diego as was posted in this forum. Here is the agenda: Pat each others back for a great job done in 2019 fooling TC on one... — read more
2019 is my last year at GF, there were many good memories away from the work. Good luck to you all and Happy New year.
How was attendance at the annual nobody cares GF road show? Let me guess, empty. I bet everyone enjoyed the 7 nm updates and learning about the roadmap to 5 nm!
I was never very impressed with the guy. I wonder how he will do at Intel? https://www.anandtech.com/show/15226/intel-hires-gary-patton I remember being in a meeting TC saying that we should only start worrying when he leaves. That was about... — read more
Any rumors of any layoffs coming to Malta again? Last global cast was not exactly reassuring that things are stable in Malta.
Just saw that Marvell has completed the takeover of Avera from GF https://www.marvell.com/company/news/pressDetail.do?releaseID=11497 Any fallout from this? Being out of the loop for several months, just wondering if there were any layoffs or... — read more
https://www.anandtech.com/show/15038/globalfoundries-and-tsmc-sign-broad-crosslicensing-agreement-dismiss-lawsuits So this is "good news" for most of the world except for GF. So McK convinced TC and the Prince to file a suit in hopes of raking in... — read more
Just curious how bad is the bullying in F1 and F8/9/10 especially from mfg department? Shocked at how abusive people can be in F7. Mfg and PC will shout and threaten people AT ALL TIMES just because things didn't go their way. Their mantra is my... — read more
What is the minimum number of headcount needed to be maintained at the Malta site to get tax incentive from NY state? What was it in 2019 and how much is it reducing for 2020? Grade 9 and up (PMTS and up) get unlimited vacation as perks... — read more
When putting stickers on ports is addressing cyber security, clearly company is in dire need of a cyber security professional, my 12 year old son is available and he works for energy drinks and chocolate bars.
https://www.globenewswire.com/news-release/2019/10/10/1927956/0/en/GLOBALFOUNDRIES-Acquires-Smartcom-s-PDK-Engineering-Team-to-Expand-Worldwide-Design-Enablement-Capacity.html 125 folks just updated their LinkedIn resume'
Please do not interpret the following post as someone who is trying to bait or stoke the flames, I am truly confused at the current situation at GF and am in need of an explanation as to why these forums have become so cryptic in such a short few... — read more