Thread regarding GlobalFoundries layoffs

Giving away Tax money (ChipsAct) to foreign owned corporations

https://seekingalpha.com/news/4455367-globalfoundries-to-invest-16b-in-us-to-boost-chip-manufacturing-packaging-prowess

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| 741 views | | 3 replies (last June 5, 2025) | Reply
Post ID: @OP+1jwxjvwbn

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@eq
Brilliant strategy.. slap a U.S. address on the door in Malta, ship the jobs overseas, and still collect all the perks like a real American company.

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Post ID: @ey+1jwxjvwbn

GF is a pipeline to take hard earned tax payer dollars and funnel them into the pockets and coffers of foreign entities

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Post ID: @eq+1jwxjvwbn

Don’t be fooled.. the workforce is either managed from India or sent over on visas
You’ll see — not only are many joining from India, but a surprising number of meetings are led by them too..

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Post ID: @aq+1jwxjvwbn

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