Thread regarding GlobalFoundries layoffs

GLOFLO sells off photomask assests to Toppan

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?

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Post ID: @10D5LAvi

5 replies (most recent on top)

Agreed. I have friends who went to Samsung. Samsung would build their own fab first. Neither Intel, nor Samsung have any interest in Global. Someone else will likely buy it for pennies on the dollar. Then they will have to clean the fridge and get rid of any IBM leftovers.

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Post ID: @10D5LAvi-1eju

If Samsung ever gets Fab8, the offer would include the FAB8 site for free +cash, same deal when ibm sold Fab10 to GF

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Post ID: @10D5LAvi-1rwl

I hear Samsung will buy fab 8

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Post ID: @10D5LAvi-ulo

“The tools and technologies from the Fab 9 will be transferred to Advanced Mask Technology Center (AMTC), a joint venture between Toppan Photomasks and GlobalFoundries in Dresden, Germany; Toppan’s facility in Round Rock, Texas; and other locations the company owns worldwide.”
Doesn’t seem like jobs are being transferred, what happens to the GF workers in BTV ?

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Post ID: @10D5LAvi-lqu

Maybe. I think I would rather be acquired by Toppan than continue working for GF though. Of course, the day is coming when all of Globalflounderies will be owned by someone else. I don't see us lasting past 2021.

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Post ID: @10D5LAvi-uac

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