Thread regarding GlobalFoundries layoffs

on a year-over-year basis, GF earnings declined 40% while sales fell 16%. What GF is hiding?

The numbers just don't add up. We'll see how these stealth layoffs pan out in the next few quarters.

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| 1203 views | | 7 replies (last May 15, 2024) | Reply
Post ID: @OP+1sqig2H8

7 replies (most recent on top)

@7vsw+1sqig2H8

He definitely didn’t legitimately earn it through good performance and achieving business goals and metrics that’s for sure. He should be on PIP with how things are turning out under his tenure.

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Post ID: @7mef+1sqig2H8

If you think about it - It is kind of crazy that TC gets 50 million for basically nose diving and crashing the company into ground. Like he really doesn’t deserve it.

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Post ID: @7vsw+1sqig2H8

@6jud+1sqig2H8

Dang how much does he have? Sounds like homeboy is getting ready to bail!

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Post ID: @7gfq+1sqig2H8

https://www.sec.gov/edgar/search/#/dateRange=1y&ciks=0001342570&entityName=Caulfield%2520Thomas%2520(CIK%25200001342570)

TC sold 800k shares last june. Cashed out 48 mil.

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Post ID: @6jud+1sqig2H8

SMIC outsells GlobalFoundries for the 1st time in 1Q24. Thanks to TC and his infamous pivot.

https://www.tomshardware.com/tech-industry/blacklisted-china-chipmaker-smic-becomes-the-worlds-second-largest-pure-play-foundry-by-revenue-outsells-globalfoundries-and-others

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Post ID: @2wnw+1sqig2H8

Grabge-Foundries is doomed to fail like a dozen of failed its offering technologies

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Post ID: @2ajc+1sqig2H8

Nothing is being hidden. Take a look at the leadership team insider stock sales. It's all public.

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Post ID: @1kvn+1sqig2H8

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