Thread regarding GlobalFoundries layoffs

Anything new on layoffs?

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| 825 views | | 4 replies (last July 28, 2024) | Reply
Post ID: @OP+1tG5dGKj

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"additional epic mass exodus"
to where
maybe you have not kept track of current events
but the economy is in the toilet
the numbers the government have been feeding you are cr-p
start checking the debt levels of various situations
national debt
credit card debt
auto loan delinquencies
...
we are just printing money and it is sloshing around in the stock market creating asset bubbles

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Post ID: @3rnd+1tG5dGKj

@yab+1

Rule #1, you are never safe at GF. TC will lie to everyone and tell you we went into covid together and we will come out together, total lie. Then TB if he sees an opportunity to outsource you in the US, he will jump all over it. Never get comfortable at GF, always keep doors open and ready in the background to jump ship, you might have to jump, or you might get pushed over-board but always be ready!!

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Post ID: @1yai+1tG5dGKj

Rumor is they know it’s a tinderbox right now and any layoff would trigger an additional epic mass exodus. So they are holding off and postponed planned layoffs. But August 6th earnings call is around corner so we will see. Oddly they can do the right thing and fix a lot of this stuff going on but are choosing not too. It’s don’t ask don’t tell. Which is really weird if you think about it. You know something (many things ) is wrong or off but choose to publicly ignore or not acknowledge it. GF is such a weird strange place.

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Post ID: @ejl+1tG5dGKj

Can we consider this year to be safe?

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Post ID: @yab+1tG5dGKj

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