“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
Topics regarding layoffs at GlobalFoundries
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
Why hasn't anyone posted this so far? TSMC came firing back with a counter suit. https://www.eetimes.com/document.asp?doc_id=1335161 Is GloFo also suing Samsung for patent infringement on 14 nm? Oh, that's right, they needed to pay Samsung for... — read more
Recently it was reported an employee was released due to breaking GF work ethics policy. In response, GF has gone on offense/retaliation against all non-exempt employees.
What's with all of the current articles about GF "knocking it out of the park" post-pivot. It seems like they have a new PR firm that is winding up the spin machine into overdrive. WSJ? It seems like the new tack is the "advertorial". Here's a... — read more
It's been pretty silent, which worries me
Surprised no one has posted anything about the lawsuit yet. What's really going on with this lawsuit? Heard some "completely unsubstantiated" rumour that this business came from recommendations from our "friends" at McK (do they get a cut if... — read more
https://www.anandtech.com/show/14740/globalfoundries-sells-off-photomask-assets-to-toppan This change will have no impact on jobs. That's a good thing, right?
What happened to the post that stated Samsung was about to seal the deal but the Vermont fab is a sticking point ? Why was it removed?
I am so missing it since May, that exciting blog.
1) would you recommend GF to someone you despise ? 2) If you could come to GF everyday arriving and leaving any time you like and not having to do anything except cash and spend your check, would you stay at GF ? 3) if you notice coworkers are... — read more
estimate how many contractors (none tool related) / consultants on site and remote ?
So it is open secret that the Design Enablement department in Singapore has been playing Pokémon-go openly in groups for the past 3 years pretty much most of the time and really you barely see them working. I heard that someone complained and HR... — read more
It's been 6 months since MILLIONS were spent for the San Diego party for upper management. What was achieved - higher attrition, still low employee engagement, failed projects....? May be the ceo should try something better next time - like a... — read more
What has been the value add of this CTO?
Recent email to older workers meeting specific criteria 20 yrs/55+ or 15 yrs/ 60+ It’s basically GF hinting to the older higher paid workers it’s time to go. With the influx of young inexperienced new hires, common sense would say this is not the... — read more
Looks like more fresh grads joining in and experienced leaving....
What's going on? Has there been anything new on layoffs? Or are we still in a waiting pattern?