Thread regarding GlobalFoundries layoffs

Real layoff for Malta and Burlington

When Tom spoke at the All hands to announce potential layoff he said 5%
So far 7% or > on both US sites.
Malta 3000/220
Vermont 2000/148

Will be interesting to see the numbers out of Dresden and Singapore. More lies/miscalculations from Leadership?

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| 1707 views | | 4 replies (last December 22, 2022) | Reply
Post ID: @OP+1khnUpQe

4 replies (most recent on top)

Well if the number of employees employed in Malta and Vermont, than the OP’s point is even more qualified. Layoff % is most likely higher than 7%.. the lay off numbers were actually reported by GF

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Post ID: @2cer+1khnUpQe

@2dtd+1khnUpQe

I think about that too. It doesn’t feel like that count matched reality. Reality seems to be significant less.

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Post ID: @2ehh+1khnUpQe

Does anyone actually believe there were still 3000 people based in Malta after 2018 and all of the attrition since?

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Post ID: @2dtd+1khnUpQe

They said five percent of total global headcount and that it will be different by site. Nobody from Dresden has been laid off. The paper reported 5.7 percent of global headcount will be laid off by Christmas and they said nobody in Germany will be laid off this year

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Post ID: @1aly+1khnUpQe

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