Thread regarding GlobalFoundries layoffs

The main criteria

I am trying to figure out who are the most vulnerable employees.

Long-timers? New hires? The most talented ones? Slackers?

I hope that the most at risk are not the best employees who should be retained at all cost.

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| 2420 views | | 16 replies (last December 15, 2022) | Reply
Post ID: @OP+1kbvXZJy

16 replies (most recent on top)

@1bgy+1kbvXZJy

SB. I draw the short straw

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Post ID: @1hnf+1kbvXZJy

@1xsr+1kbvXZJy looks like you are talking about SB or SG as both fit into your description :)

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Post ID: @1bgy+1kbvXZJy

@1xsr+1kbvXZJy
Who is your manager?

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Post ID: @1clk+1kbvXZJy

In my group at least, those who are technically more competent than our manager (that means everyone) AND are not prepared to lick her boots and congratulate her on her promotion to the VP level are most vulnerable .

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Post ID: @1xsr+1kbvXZJy

@mla+1kbvXZJy
The shares are yours to keep but would suggest you sell them before they're worth less than TC's word.

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Post ID: @tkx+1kbvXZJy

@hpk+1kbvXZJy

That’s not how Globalfoundries works. The true hard workers do not get rewarded and are often on receiving end of such actions irregardless

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Post ID: @kkw+1kbvXZJy

Does this mean you all have to give back the shares GF gave you in July since you didn't make the full year?

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Post ID: @mla+1kbvXZJy

Criteria depend on department
Fab Operations / length of service and performance
Engineer / senior level + salary + expendable

Leadership team w/o critical position - golden parachute "retiring"

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Post ID: @ujm+1kbvXZJy

Salary, and that I was looking elsewhere. Top performing in my group, but semiconductor is not for me. Manager must have figured that out because he said I probably wouldn't be upset at the package I got given my circumstances (new job, unofficial, waiting on passing clearance check).

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Post ID: @fxt+1kbvXZJy

As soon as I heard there would be layoffs, I told my manager to axe me instead of one of the jerks I work with that actually want the job. It seems to have worked. I was told I was the only person on my team "impacted"

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Post ID: @prl+1kbvXZJy

i would say its a double edge sword .. if you do too well .. u get recognized and rewarded in terms of increase compensation and then you become high on the salary bracket then you become a target during layoffs of this scale ...

if you slack .. u get rate low and then PIP .. and again potential layoff

my advice is dun get promoted as much as u can .. they .. they look at your title and salary compensation ..

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Post ID: @hpk+1kbvXZJy

I was impacted. Always had good reviews and no issues. I think my salary was the target. The good thing is, I no longer have to be concerned about my happiness at GF or GF’s direction and success moving forward.

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Post ID: @kba+1kbvXZJy

If they didn’t output anything it could be they had good performance and we’re doing what the boss assigned still

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Post ID: @ixp+1kbvXZJy

100% the low performers. Everyone I know impacted sucked at the job or didn’t output anything

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Post ID: @mir+1kbvXZJy

Least seniority by shift based on what I can tell. I know of 4 people and they were all the newest members of their respective shifts/teams. Probably not steadfast, but just my observation.

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Post ID: @qgk+1kbvXZJy

Having a pulse

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Post ID: @lqp+1kbvXZJy

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