Thread regarding GlobalFoundries layoffs

Layoff announcement coming with result in 5 days

Soon GF will announce cost saving measures and layoff 20% of its employees.

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| 1466 views | | 12 replies (last August 5, 2024) | Reply
Post ID: @OP+1tOcuv07

12 replies (most recent on top)

They won’t touch any of us with a 10ft pole

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Post ID: @3bab+1tOcuv07

IBM hiring in Albany.

https://research.ibm.com/blog/albany-semiconductor-research-ibm

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Post ID: @3wei+1tOcuv07

where is IBM hiring?

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Post ID: @3apv+1tOcuv07

@yma+1tOcuv07
AME mandatory meeting was MVT being fired.

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Post ID: @3pvo+1tOcuv07

Unfortunatelycan confirm :-(

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Post ID: @3mcp+1tOcuv07

Get those jobs at IBM, CNSE or regeneron before they're all gone.

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Post ID: @2zil+1tOcuv07

Emotional with the stock? This is supposed to be a board of employees, we’re more worried about our jobs.

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Post ID: @2lzl+1tOcuv07

Don't become emotional with the stock.

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Post ID: @2jnn+1tOcuv07

Don’t know if this is accurate but it sure feels uncertain in F8. We cut development of our further away tech transfer to focus on the shorter term ones. AME management all had mandatory meetings with DM this week… and the GF Family Day is this weekend- it would be tremendously on brand for SLT to announce layoffs right after a morale-improving event.

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Post ID: @yma+1tOcuv07
  1. 60 USD
  • 2.14 (-4.38%)past 5 years

Garbage! say hello to the cesspol of worthless stocks

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Post ID: @fsg+1tOcuv07

First time the stock has fallen below IPO price. Very soon institutional investors will start cutting losses by selling the big portion of stock they are holding as it has not made them any money.
My fear is that Aug 6 is coming with massive layoffs announcement.

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Post ID: @ybb+1tOcuv07

It’s time they cut the fat and get serious about the stock price. This has been long over due. Another step on the right direction for the SLT.

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Post ID: @xrp+1tOcuv07

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