Thread regarding GlobalFoundries layoffs

Another exercise coming?

Heard another one in Aug, anyone else heard the rumours??


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Post ID: @OP+1ky8nkj17

49 replies (most recent on top)

Hearing a few weeks. Anyone else? Already seeing some substantial re-organizing and leadership changes/layoffs. There’s smoke on the hill.

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Post ID: @zg+1ky8nkj17

@v0 is 5% this time??

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Post ID: @wa+1ky8nkj17

@OP I’ve been at GF for over 10 years and have never seen attitudes this low. 5% reduction. What a shame.

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Post ID: @v0+1ky8nkj17

@e9 The managers here take their responsibilities far too lightly. Whenever an issue arises, they mechanically ask the same questions from the same template, like robots.

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Post ID: @pa+1ky8nkj17

who is on the list?

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Post ID: @jp+1ky8nkj17

@OP Hearing mid August. Share price is still higher than the past year. Can’t imagine what it’s going to look like when the AI rug gets pulled. RIP.

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Post ID: @ea+1ky8nkj17

3rd week of August. Expect layoffs. Eliminating managers managing managers roles is the priority. Business unit and not region specific.

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Post ID: @e9+1ky8nkj17

end of Q4

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Post ID: @ak+1ky8nkj17

Give the previous post below a read- you may become enlightened.

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Post ID: @a8+1ky8nkj17

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