Thread regarding GlobalFoundries layoffs

GlobalFoundries experienced a significant QoQ revenue drop of 16%, falling to the fifth position in market share

The TrendForce report indicates mixed news for GlobalFoundries. In Q1 2024, GlobalFoundries experienced a significant QoQ revenue drop of 16%, falling to the fifth position in market share due to declines in orders from the automotive, industrial equipment, and traditional data center sectors. The overall market saw a 4.3% decline in revenue, with SMIC overtaking GlobalFoundries and UMC to reach the third spot.

https://www.trendforce.com/presscenter/news/20240612-12184.html

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| 991 views | | 10 replies (last June 18, 2024) | Reply
Post ID: @OP+1t1ikZG0

10 replies (most recent on top)

It's not cool and right to insult people, if you do not like it, just leave.

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Post ID: @4clh+1t1ikZG0

A group of old fa.. white guys are sinking the ship. All got obsolete 20 years ago but not willing to leave gf.
Mi Ho, Mi Ca, Ri Tr, To C, Ti B, Ed Ca,.....

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Post ID: @4iio+1t1ikZG0

TSMC is working on 2nm technology, Intel is working on 18 Angstrom technology, and Samsung is also developing 4nm technology. GlobalFoundries is rebranding Samsung's 14LPP as 12LP Plus for automotive applications."
F... TC!
F... TB!
F... Ri T!
F... Mi Ca!

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Post ID: @4lcp+1t1ikZG0

I’m so happy that I resigned and left GF, the worst company I’d ever worked for this time two years ago, selling all my vested stocks at $67.

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Post ID: @3mfj+1t1ikZG0

GF is the biggest looser, at leas intel and Onsemi have strategy for come bakc, GF has bunch of kiss A** morally bankrupt SLTs

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Post ID: @2mkh+1t1ikZG0

Loving it!

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Post ID: @1ryw+1t1ikZG0

GlobalfLoundries leading the way to the bottom.

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Post ID: @aaz+1t1ikZG0

Keep outsourcing jobs GF!!! Develop nothing leading edge and wonder why your market share continues to decrease. What a joke of a company with unqualified leadership running the company into the ground. This decrease in revenue is not unexpected when a company has no strategy to be differentiated.

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Post ID: @quj+1t1ikZG0

Even all the Bull Sh** talks about SiPh and Automative could not and can not save Grabage Cult-ery sinking ship
GF linkedin page is a joke, posting non stop steaming pile of horse c r a p.

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Post ID: @kpn+1t1ikZG0

Such wonderful news! It warms my heart!

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Post ID: @yng+1t1ikZG0

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