GlobalFoundries Layoffs

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Topics regarding layoffs at GlobalFoundries

GlobalFoundries is one big lie...

GlobalFoundries is going to be sold. If you’re an adult with even a few years semiconductor experience, you know the signs. GF has every symptom. When all those foreign workers start leaving town (yes, GlobalFoundries lies about the high volume of... read more
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Post ID: @VHes3KD

Are we safe until February?

I've seen February mentioned as next layoffs month several times. While I'm not happy about that, that is still a good several months away. Does that mean we are safe until then and we can stop stressing at least for those few months? At this point... read more

It’s all about cutting the costs

GF is not about growing the business. It is about capital extraction from Mubadala and infinitum (although Mubadala has caught on finally) and handing out leadership positions to the IBMers with fat bonus targets. The layoffs targeted experienced... read more
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Post ID: @VFBpsnt

Current Hiring

It's to bring in cheap meat. Back in August, there was a group that worked with both 7 and 14. They had a new hire starting the day before the layoffs, so the whole team thought they were safe. Hell, why bring in someone new if you are going to dump... read more
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Post ID: @VFdnQj2

GF hiring?

If there is this supposed lay-off in Nov/Feb, why have I seen so many openings pop up in Malta over the last 3 weeks or so? Seems they are hiring not firing!!

February confirmed?

Is the next round of layoffs in February confirmed for the malta branch? If anyone has some information please share..

Gofundme page

Any of the buyers interested in buying GF would not be willing to buy at the ask price of ATIC so let’s create a gofundme page to meet the difference between the buyers price and ATICs ask price and get few point percentage stake in GF

Sabotage?

I believe my manager is allowing people to sc-ap wafers and wants to crash this ship. No accountability. If I cost the company more than my annual salary I would hope I was fired. It’s disheartening to say the least. Back to trying to do my best I... read more

GlobalFouderies withdraws from the 7nm market

Just read a very good article covering not just 7nm withdrawal, but giving an insightful picture of where GF is heading in the future. Maybe it was the right decision not to pursue the production of 7nm chips, keeping in mind that the development of... read more

Ethics and Code of Conduct

While the whole of GF is busy taking ethics and code of conduct training, to hell with says CTO. 7nm program is on indefinite hold, EUV tools were bought or sc-aped or are on sale. Rumor mill said that the CTO, who is a self-proclaimed American... read more

February

New round or two is coming to bring Malta headcount to 1600 as ordered by McKinsey.

What are they thinking?

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

UMC interested in GF?

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.

Just IN

https://mp.weixin.qq.com/s/JkTF36aoraaPvsoqz7TitA

Apple announce 7nm chip

https://techcrunch.com/2018/09/12/apples-new-iphones-are-powered-by-the-industrys-first-7nm-chips/ Which fab will build this ?

Get your HSA money

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
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Post ID: @V68SpJn

Unemployment Days for International students

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

Job Fairs coming up

There are local job fairs coming up with reps from Samsung, Micron, and Intel. Google it up if your interested in changing locations.

COBRA info

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
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Post ID: @V1DYxC7

Who thought this was a good idea?

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

Question

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

Should I leave for lower pay?

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

Happy Labor Day

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 !!!
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Post ID: @UYD4Vur

Six Months of great #### completes on 09/09

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

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