Thread regarding GlobalFoundries layoffs

Major sell off coming and that could trigger reduction

GlobalFoundries lands a Zacks Rank #5 (Strong Sell) at the moment given its downward earnings revisions. GlobalFoundries also earns an “F” grade for Value and a “D” for Momentum Style Scores system right now.

It might be best for investors to look beyond GlobalFoundries right now to some of the many other semiconductor stocks that are currently sitting at Zacks Rank #1 (Strong Buys) or #2 (Buys).

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| 1774 views | | 8 replies (last July 4, 2023) | Reply
Post ID: @OP+1nokMRWv

8 replies (most recent on top)

GF is recruiting back the same guys who were laid off earlier. Clear sign of desperation and what is in future. Seems GF is becoming place for rejects, incompetent individuals, racists and lickers.

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Post ID: @3let+1nokMRWv

Would you recommend GF to a new college grad who apparently never heard of Glassdoor or read reviews online /s

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Post ID: @2btz+1nokMRWv

It is unfortunate what will happen to GF moving into the future, there are still some good employees at GF. However, the SLT and HR organizations are totally incompetent and they are ruining the company into the ground. The only way GF can recover is clean house in the SLT and HR orgs.

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Post ID: @1xlv+1nokMRWv

Wow, another post where a comment was essentially copied and pasted and made into a subject.

You are so creative.

BTW, one investment opinion is not newsworthy. That is why “buy/sell analyses” always include at least 5 opinions on the grading scale.

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Post ID: @1kex+1nokMRWv

@gbb+1nokMRWv

Still at GF but I too warn anyone considering joining to stay as far away as possible

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Post ID: @1viz+1nokMRWv

@lgu+1nokMRWv

Same. After what GF did to me and my family, I wish nothing but for GF to fail spectacularly. I make it a point to warn everyone I speak with to avoid employment at GF at all costs. I never pass up an opportunity to leave an open and honest employment review online.

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Post ID: @gbb+1nokMRWv

This makes my heart happy.

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Post ID: @lgu+1nokMRWv

It’s finally catching up to us.

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Post ID: @xtw+1nokMRWv

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