Looks like India is booming. Lol.. Malta and Burlington is next.. bet on it.
https://www.digitimes.com/news/a20240315VL200/globalfoundries-india-singapore-taiwan.html
6 replies (most recent on top)
Offshore our totally incompetent senior leadership team starting with Tom C.
Absolutely no outlook for a profitable future
they will just copy or steal some other company's work probably
for example they will hire someone from their competitor for a lot of money
and magically they will have new technology
It was already announced over a year ago, jobs in US, Germany and Singapore in technology development, inline characterization and certainly the PDK group, many jobs in those orgs have or will be outsourced to Bulgaria. This is why GF is struggling so bad technically, they produce nearly nothing that is differentiated because they are relying on new hires in low cost geos. The technologies developed and PDK offered both lag industry.
hmm, congress and the wall street guessers are way overpaid and people we can do without
lets outsource their jobs to India as well
Yup - but I thought chips act was suppose to make more USA based jobs??
Hmm really Fahk our stl but Fahk Schumer too. This should be brought up to him and during is next relection cycle
Definitely, it’s already happening- they’re just doing it bit by bit so they don’t have to report them to the state and get bad PR for taking government money and offshoring labor at the same time. Malta GSM got hit last week.