Laid-off workers are calling out their former employers on social media–and the death of non-disparagement clauses could make it the norm

With the recent cost reductions and corners being cut, makes you wonder. Be safe people! https://www.timesunion.com/business/article/osha-investigating-employee-injury-globalfoundries-17854090.php

Still unclear if severance payments let's you qualify for unemployment claim this week. Thanks.

FYI. Spoke with Prudential/Empower regarding withdrawal/rollover of 401k account. Was told they haven’t yet received notification from GF of my termination date. No transactions until GF does this. They also told me it typically takes GF 4-6 weeks to... — read more 

People should understand with 15-20% attrition rates the average person will spend 5-6 years max with GF and then move onward. There is no career at GF just a bunch of washed-up senior leaders trying to keep their jobs as they continue to run the... — read more 

Our severance documents indicate that our 2021 RSUs (3 yr vest) will have accelerated vesting that occurs on our termination date of March 17th for 2nd of the 3 distributions. Our Feb/Mar 2024 RSUs were supposed to vest and they have not. Time to... — read more 

Let's be honest GF bought an RF business from IBM which accounts for nearly 40% or more of revenue and is on the decline because we continue to starve it. We pivot out of leading edge which anyone can easily decide to do. Then the industry booms and... — read more 

Senior knowledgeable are quitting and have quit (some lay off/d-mb). Hopefully people get fired for today's events.

Being that it’s the eve of my official separation from GF tomorrow I wanted to say thanks to this website and the people that contribute meaningful information and opinions. I worked for GF for 7 years. I’ve been in the industry a total of 25+ years... — read more 

Tommy boy loves the spotlight and he has been very quiet lately. Certainly most all employees don’t trust him. His chief minion Davie boy is off cashing in all his stock options and RSUs. I’m think one or both of them will be exiting in near future... — read more 

Did I interpret things correctly that there is a voluntary separation package coming in 2Q 2023 where people can sign up for it? I wonder if the package is similar to typical layoff or not nearly as good. Does anyone know details is it only for... — read more 

GF will follow footsteps similar to its sinking partner GM as both are heading south. Did you hear? GF is planning to bring voluntary separation program in Q2 similar to GM below. GM employees are 'strongly encouraged' to consider its voluntary... — read more 

GF poem in ChatGPT- He-l with full of failed, racist, toxic and horrible managers Full of a-s lickers and boot lickers in management Just be good politician to keep climbing Not a place for talent and hard workers If you are failure and not able... — read more 

Happy double dipping day! Beluga pay day!! 2 more weeks and we get the Mega check… Yes, I’m a loser for getting laid off, but if losing pays this much, I don’t mind.

Whose idea was it to make that post on GFCurrent?

Does anyone believe for a second that hiring almost 200 heads in SE Asia to support sustaining tasks at the fabs isn’t done with the intention to demolish onsite process engineering teams? Can’t wait until layer owners are all on Bengaluru time. I... — read more 

Anyone have a confirmation on the Severance & Cobra payout date? I’m guessing March 24th? Assuming most of us are on the payroll until the 15th, and the final paydate is the 24th. Looked at the paperwork but it doesn’t say a specific date. Thanks in... — read more 

If we compare UMC and GF, UMC is a $10B/year revenue company making 45% gross margins in 2022, whereas GF is a $8B/year revenue company with 29% gross margins (with the sale of E.Fishkill fab10). However, the real issue is if you look at the market... — read more 

Just saw this https://stocks.apple.com/AORTtZjUaQumgQOeUh7RMqA

Leaving due to office politics. Even if you are very talented, internal politics can be one of the factors that might holds you back. Office politics can prevent you from your career growth.

https://www-benzinga-com.cdn.ampproject.org/v/s/www.benzinga.com/amp/content/31220033?amp_js_v=0.1#webview=1&cap=swipe Here we go!

Only 11.5hrs until I give my 2 weeks notice. Goodbye Malta, hello opportunity!

Have you noticed here at GF we waste so much money on "projects". They give these projects some special code name to make them sound important and then they dump lots of money into them and they never compete. It is sort of like GF trying to do... — read more 

Anyone received the package in mail yet? If wish not to enroll, any action needed? Overheard that COBRA keeps on automatically renewing, if not reject during enrollment period…

I am one of last few employees who are in GF US and survived the layoffs. I am not a-s li---r but so have connection with AME VP as she is from chartered too. I can say that GF situation is even worse than previous charted. It is back to same... — read more 

While GF is doing little to nothing for new technologies, UMC is out developing programs like 28eHV+ which will eat GF's lunch and dinner in the display driver world. Once a flagship market with customers like Magnachip, GF is once again lagging... — read more 

Given all the outsourcing of staffing and reduction of US headcount, the US govt should be spending $0 yearly with GF. The US govt should be spending money with companies which are growing in the US instead of outsourcing.

The gov­ern­ment aims to tar­get the funds to cre­ate at least two man­u­fac­tur­ing clus­ters for lead­ing-edge chips by 2030. Top can­di­dates for re­ceiv­ing funds for ad­vanced chip-mak­ing plants to an­chor such hubs are Tai­wan Semi­con­duc­tor... — read more 

Has anyone else received an email/call with inquiry regarding interest in termination of separation agreement and reinstatement to working status? I received both yesterday from GF. I am unsure how to proceed as I have no desire and will not be... — read more 

Layoffs have a huge behavioral and physical negative effect on people. So while company like GF is trying to maintain their margins, it is exacting an enormous human tool. Layoffs are stressful, and stress leads to a bunch of unhealthy behaviors... — read more 

With all a-s kickers and boot kickers sitting at director and VP roles, it is such a toxic environment in GF Malta. No employee really cares now about work.

Woke up this morning to my current paycheck from new job. Also a paycheck from GF for non working notice. And for cherry on top I got a QPB check! Thank you GF for having the strategic brilliance to pay me for 3 full months with bonuses while I work... — read more 

Vermont GF... — read more 

The interesting question will be how many people will jump ship once the AIP bonus in March comes out? Each year we see a spike in attrition right after the bonus, but this year should be interesting, the company lost trust with most employees in... — read more 

The December layoffs were proof that restructuring was needed to make a more efficient cost structure, as well as get rid of the deadweight, like the guy hi------g this page most of the time. That is why performance was a big factor in the layoff... — read more 

And we know both are fake products. Sky water and GF both are known to manipulate the numbers.

I don't have any information to confirm this, but judging by the financial results, I think doom and gloom is coming. I doubt that there is anyone here who does not think that additional headcount reductions will come soon... Unfortunately.

Happy Friday for those of you working new job, getting 90 non-working notice pay and not having to work the weekend anymore! ❤️😊

Right before the earnings some positive news to fool people. The biggest question is going to be margins and ASPs can’t wait to hear the BS in the earnings call and investors calling them out for it

Really surprised that this CEO is not fired yet despite terrible performance