Thread regarding GlobalFoundries layoffs

GlobalFoundries Faces $500,000 Penalty Over Unauthorized Chip Exports

In a statement, the Commerce Department said GlobalFoundries sent 74 shipments worth $17.1 million to SJ Semiconductor, an affiliate of SMIC, without seeking a license

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| 951 views | | 13 replies (last November 8, 2024) | Reply
Post ID: @OP+1vhmi7VU

13 replies (most recent on top)

We have to work together with China. They are part of us now. GF one first and foremost. Please don’t talk negatively about this. It was a simple mistake.

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Post ID: @7tzj+1vhmi7VU

man, feel so proud of working at this place via bullsh-t like this! Way to go Tom!

So glad as well that our financial futures and for our families too are in your hands Tom...well fu--ing done! Great call a--hole...

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Post ID: @7iod+1vhmi7VU

Their explanation as well about this just being an accidental oversight was clearly a flat out lie. All of us who work there, have worked there, all know how these things are tracked as to who they are being made for in each instance from beginning to end. To take public money and then make the decision to do that for a short term financial gain just shows how inept the folks running the company are. "No scrap" is hammered into our heads and bodies on a daily and nightly basis...then this cr-p from the so called folks steering the ship? What an embarrassment to all who work there. Heads should roll but I highly doubt they will.

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Post ID: @4dsu+1vhmi7VU

The public seems to have some heartburn over this. I see a lot of comments that GF is getting CHIPS money all the while sending goods to banned Chinese companies. I have to agree. Not a good look!

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Post ID: @3lbl+1vhmi7VU

This makes my heart happy. ❤️

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Post ID: @3jlb+1vhmi7VU

Guess someone didn't get a passing score on the ethics annual course

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Post ID: @2bay+1vhmi7VU

Sounds like a business decision. They made like twenty million then self reported and only had to pay $500,000

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Post ID: @1xms+1vhmi7VU

Let's see who gets fired 🔥

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Post ID: @1isy+1vhmi7VU

I’m sure it got approval from someone. What do you think the conversion was? Nike style? Just do it hahaha

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Post ID: @1fyf+1vhmi7VU

Good thing I have my issued silverware for the bread lines were all gonna be forced into.

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Post ID: @1pzv+1vhmi7VU

Who THE FU-K ALLOWED THIS!

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Post ID: @rpj+1vhmi7VU

Oh boy.., this is how it starts!

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Post ID: @ijk+1vhmi7VU

Whoops!

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Post ID: @yba+1vhmi7VU

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