Thread regarding GlobalFoundries layoffs

Any news on GlobalFoundries layoffs?

What's going on? Has there been anything new on layoffs? Or are we still in a waiting pattern?

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Post ID: @ZAK0R0Z

6 replies (most recent on top)

Whats up with all the hiring? Tons of new hires this week.

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Post ID: @ZAK0R0Z-3tal

Burlington will be closed. Dresden will probably be sold. Same for Singapore. Malta will continue to be shopped for a buyer. Eventually it will be sold for a bargain, just like Fishkill.

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Post ID: @ZAK0R0Z-2kqz

Thanks for proving my point.

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Post ID: @ZAK0R0Z-1xph

FAB 10 - going away

FAB 09 - depreciated equipment / 30+ years employees

FAB 08 - Golden Child who doesn’t want to move out

FAB 07 - GM moving to FAB 08 is not a good sign for FAB 07

FAB 01 - Was always separate and May spin-off and go at it alone.

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Post ID: @ZAK0R0Z-1yap

Burlington will probably be gone soon. High operating expenses, old infrastructure, zero maintenance/upkeep being done, and a workforce that's close to retirement. There's really no positive checks for it. My friends there are all retirement eligible, and waiting for a sale or shuttering. No one sees much of a future. Basic building maintenance isn't even being done.

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Post ID: @ZAK0R0Z-1ief

Apparently, nothing's going on in your life that you obsess over GF having issues since you left. Get over it, GF doesn't miss you and you are nothing more than some entry in an HR archive by now.

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Post ID: @ZAK0R0Z-1iuo

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