It is well known that GF is outsourcing many jobs, hopefully the US Govt gives them NOTHING from the US Chips Bill for this. If you look at the IP design organization, they have outsourced 95% or more of their design employees to India. If you look at the PDK group, they have outsourced 90% or more of their employees between India and Bulgaria. Now Technology Development will outsource to Bulgaria hiring device design engineers in Bulgaria (where proper skills don't exist). This whole strategy comes from TB (advisor to CEO) who views employees as "replaceable widgets" and feels US employees are bad investments, then he forces his puppets to execute on this strategy (TC, DR, SVPs, VPs and Senior Directors who are "yes" men and women).
GF is not best in class in any area because in low-cost geos you have very inexperienced people and/or with 20-30% attrition rates so people don't stay more than 2-3 years. Our execs are betting the company on Bulgaria now because they think the attrition there is very low, however, they are too d-mb to understand other companies are opening up shops there (stay tuned and you will see which ones) and will take many GF employees, attrition will skyrocket there in 2023 and 2024 (good for employees in Bulgaria to have multiple options for salary increases). However, our executives are not intelligent enough and/or don't have the backbone to say this strategy is broken. This strategy will lead GF to fail since there will be nothing new for technologies, devices and features in PDKs which differentiates GF, just release the same stuff while UMC and TSMC offers new stuff, 2022 revenues prove this with UMC approaching $10B but GF lagging well behind around $8B. GF continues to fall further and further behind the competition because they are squeezing development costs in return for hitting gross margins. The future is very dark for GF, take your AIP bonus in March and get out like I plan on doing. There are plenty of jobs out there if you are mobile and are willing to relocate. Start looking now so when mid/end of March comes you can get out of the toxic environment inside GF. The flood gates will open 2Q 2023 with many people leaving GF. Best of luck to everyone here at GF moving onto a brighter future outside of GF!!