Thread regarding GlobalFoundries layoffs

NEW hire Compensation Package

any new hires after GF going IPO??? is RSU given as part of comp?? i have a interview lined up with GF ...

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Post ID: @OP+1eef3hQd

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There are lot of companies out there who do not give RSU as a comp package

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Post ID: @2ybd+1eef3hQd

If you receive offers from other companies, pass on GF. GFS is always hiring due to turn over and you can always reapply.

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Post ID: @2seq+1eef3hQd

No RSU but you get a cool backpack and higher salary than your trainer :-)

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Post ID: @1roc+1eef3hQd

end of the day ... if a company goes IPO or is publicly listed , they will normally give RSU as part of comp package.. but GF does it the other way .. you have to buy the shares with your own $$ and they give u a match .. and its on the last trading day ...

tells you a lot about how confident the SLT are with the share price ...

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Post ID: @rcz+1eef3hQd

If you have an interview you can ask them... no indication given internally that they’re offering RSUs as comp below the executives.

Good luck, and read this page’s threads with a massive grain of salt, knowing that this isn’t an accurate representation of all employees. A lot depends on your manager and team.

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Post ID: @ezo+1eef3hQd

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