EUV tools pulled out and being sold 7 5 3 nm gone. No Apple no AMD no automotive no IBM no partners no product no nothing. This wasn't a layoff this was a purge of desperation before they close the doors. Get out asap while you can

Fab 8 leadership did not aid anything to 7nm process development then

I remember liking working here. People were kind to each other and the end goal was always helping each other. Boy are those days gone in every aspect.

The continuous threat of layoffs here at GF is hanging over me big time (I am sure many agree) - this is stressing me out so much that it is affecting my health. I am concerned.... Anyhow, poor appetite, trouble sleeping, my blood pressure is high... — read more 

Who the heck was responsible for deciding who to lay off off? Some of our best people are gone! Who does things like this??? Does our management have any brains cells left?? Wanting to get rid of dead weight i understand, but this is just plain... — read more 

Open Position / GF HR is Hiring GF is hiring a senior HR Specialist who have about 30 years of experience in Legal Matters on Laying Off People diplomatically. This HR resource should be preferably female with singing ability and know the Song "Break... — read more 

Not axed (yet) but I am very concerned - anyhow, if axed, what are our health insurance options?

Who will voice questions about future layoffs? Is anyone preparing any good questions? I expect a very animated crowd at the end.

Employee above 40 must get this info before signing this agreement. read this part carefully

Strangely AMD announced that they are all 7nm products to TSMC after GF announced layoff looks like a coordinated event, which one is true 1) GF informing AMD in advance that they are going to announce layoff and as a result told AMD to hold on to... — read more 

Section 7 of your severance agreement is a non compete clause. Speak with a lawyer if you have questions, this can inhibit your ability to find related work to protect the company. Non compete agreements typically do not fly in NY as they can keep... — read more 

Did anybody notice a pattern among the people who were laid off? Majority of people were in their late forties, early fifties, at least in my department. This looks like a clear case of age discrimination to me. Does anybody know if something can be... — read more 

Do we know if any layoffs happened today so far?

starting up from tommy boy’s global cast, down to senior manager level we have back-to-back all-hands scheduled tomorrow one after another; any guesses what else is cooking?

A culture of execution (of it's employee's) through one bad decision to the next. My personal belief is they are preparing to close doors in Malta sooner than later. I'm already looking for work, even though the layoffs did not impact me. The only... — read more 

https://www.anandtech.com/show/12677/tsmc-kicks-off-volume-production-of-7nm-chips April 2018 article

can we collect unemployment if we receive severance?

Nothing wrong in industry. Its challanging and good field to grow. Leadership needs to change . Bring in somebody like Lou Gerstner.He cleaned house starting at the top. Executives were required to just 'talk' rather than using 'slides'. Those who... — read more 

Anybody else shocked by the amount of media coverage we got? Especially considering that WARN was never submitted by the company. It's either a very, very slow news week, or somebody leaked something and got media's attention. I'm hoping it's the... — read more 

Just one more day and it will finally be over. I'm guessing that after this round, we'll be safe for at least some time. I'm not naive to think we won't be seeing any more layoffs thgis year, but for the next month or two this should be it. Good luck... — read more 

How many by each site ? Malta = 478 EFK= Santa Clara = Singapore = Please help me add up. #ZeroGF -- Tom

With large clients buying products comes revenue. With revenue comes time and the chance to pursue R&D ventures likes 7 nano chips. I live in Malta and while I dont work for GF I know many folks that do. No one I knew would ever admit it (NDA ussue)... — read more 

Source:

How long is it going to take for people, shareholders, the board, etc. that the same people who tanked IBM and brought it to its knees are doing the same at GF right now? I'd start the purge at GF by eliminating any ex-IBMer influence and start... — read more 

Likely

Horrible management, low ethic value. No respect for professional talent and real contribution to the bottom line... Nuts layoff decisions, Layoffs should start first from managers top-down

There you go: GlobalFoundries Severance Payment - 90 days pay plus 4 weeks severance if you sign a nondisclosure statement, plus health/dental benefits through April 2019.

It will make sure faster closure of 14nm also

For those who were affected in june - Will they come under the same WARN Act since it happend in less than 90days? If so will they get the one month back pay as they were only paid 60days + severance and not 90days?

This wasn’t a layoff, this was a purge. The GF Malta facility will be closed or sold. There is no future for GF under its current ownership. You’ve been warned.

https://www.timesunion.com/business/article/GlobalFoundries-laying-off-hundreds-at-Fab-8-amid-13185115.php

https://labor.ny.gov/app/warn/

Or is there more to come tomorrow?

I am so tired of all these fancy words being used just to avoid coming out and saying we are laying off people. I guess "we are downsizing due to restructuring" sounds better than "we want more money so we have decided to get rid of x number of... — read more 

The over/under is 625+1/2 access badges removed by COB Wednesday. Legitimate estimates are 500 - 700, but remember we have another layoff coming near Christmas so the line may be revised down after tonight. This may be a good time to go under but... — read more 

Anyone guesses?

Nothing here so far. Anywhere else?

Guys, We all are safe. carry on this lay off with innocent faces and thank you notes like what we did for last 4 days. GF mgmt rocks as usual. -SS

I can't guarantee 100% though Also less than that won't matter. Please be ready for Thanksgiving. We have done great, major milestones for 7nm recently.