Thread regarding GlobalFoundries layoffs

PB canceled holiday party, lied and Fab 10 had theirs.

Baldy canceled the holiday parties but not for Fab 10. Seeing posts on FB for it.

by
| 2051 views | | 11 replies (last December 8, 2022) | Reply
Post ID: @OP+1k39Fn25

11 replies (most recent on top)

F10 new owner has got back-ordered customers and are their segments' market leader. GF has got the latest EBITDA results, design wins, empty wafer agreements, and old-school IBM stock manipulation. Does that answer your question.

by
| | Reply
Post ID: @2ahk+1k39Fn25

PB is just like other GF leader. You think he has ever fought for F8 team or just to survive for another year before his retirement???!!!

by
| | Reply
Post ID: @2zdd+1k39Fn25

This was a goodbye party as all the hard working folks who have been sold by IBM to GF and now GF to OnSemi get a send off. They all received 5% increase joining onSemi.

We can apply for jobs at OnSemi, IBM(Albany), CNSE (Albany) don't feel GF is the only local option. This will pass and companies will hire again. Let this be the extra push you need to get your career on tract.

by
| | Reply
Post ID: @ndx+1k39Fn25

@nwh Don't forget the posts from some ERGs and HR about conferences they've attended recently!

Management knew they were cutting discretionary spending months ago, not just late October/early November, but they still treated themselves and select others.

by
| | Reply
Post ID: @gdd+1k39Fn25

Fab10 doesn’t change hands until the Jan 1st. Gf paid for and sponsored the company holiday party at City Winery Hudson Valley. Fab 10 got a proper send off while the rest of us get the double donger. Thanks PB

by
| | Reply
Post ID: @kif+1k39Fn25

F10 folks were “laid off” and rehired under OnSemi

https://dol.ny.gov/system/files/documents/2022/09/globalfoundries-u.s.-2-llc-2022-0024-9-28-2022.pdf

by
| | Reply
Post ID: @ali+1k39Fn25

Baldy doesn’t run F10 and never did? This is a weird complaint, buddy. Call it their going away party.

by
| | Reply
Post ID: @qes+1k39Fn25

To be fair, PB doesn't run fab10 so it's irrelevant to him.

Fab10 can enjoy their party for now, their pain will come after the deal is closed

by
| | Reply
Post ID: @fqm+1k39Fn25

Not surprised TBH. Just another sm--k in the face .

by
| | Reply
Post ID: @eyg+1k39Fn25

That's your biggest concern right now, the Christmas party? Must be nice.

by
| | Reply
Post ID: @ajp+1k39Fn25

Did they pay for it themselves? Or maybe they had already paid and couldn't get a refund?
Don't worry, the NASDAQ party only had everyone flying across the world to attend and stay at completely booked out hotel in NYC.
Maybe if we ask nicely we can get NAS-clubbers to donate their air miles / hotel points / gas money so we can ask get a Death Wish coffee k-cup for a "job well done..."

by
| | Reply
Post ID: @nwh+1k39Fn25

Post a reply

: