GlobalFoundries 1,000 axed this week - Link: @TFBjSaU
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That's too bad. Hahahaha!
Can't wait for ACT to happen at GF.
Wait till Bill sees the cost of 10nm as they ramp, big squeeze for TMG
https://www.timesunion.com/business/article/GlobalFoundries-to-cut-workforce-to-compete-with-12984577.php
I wander what groups are getting hit - they are doing some really cool 7nm stuff over there
Probably same philosophy as Intel. Ax the elder technologists, but keep the management so they make more stupid decisions.