Globalfoundries Layoffs

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Recent News and Discussions About Globalfoundries Layoffs

GlobalFoundries Layoffs – TheLayoff.com

https://www.thelayoff.com/globalfoundries?page=2

GlobalFoundries Layoffs - TheLayoff.com
The company acquired IBM Microelectronics in 2015. The enterprise makes …

think layoff imminent – post regarding GlobalFoundries layoffs

https://www.thelayoff.com/t/17lmciaH

Think GF IPO – think layoff imminent. Watch out – hiring freeze put in place and targets set for each department to shed headcount and to beef up financials …

GlobalFoundries division sale leads to layoffs of 78 – VTDigger

GlobalFoundries division sale leads to layoffs of 78

Nov 7, 2019 — The California company Marvell Technology Group Ltd. laid off 78 employees after taking full ownership of a GlobalFoundries division on Nov. 6.

GLOBALFOUNDRIES – Silent layoffs | Glassdoor

https://www.glassdoor.com/Reviews/Employee-Review-GLOBALFOUNDRIES-RVW38358164.htm

Nov 15, 2020 — Cons. Unethical culture, no trust to the leadership team: laying off employees in the middle of pandemic in small numbers every other day to …

Globalfoundries Cuts 5% of Workforce – EETimes

https://www.eetimes.com/globalfoundries-cuts-5-of-workforce/

SAN JOSE, Calif. — Globalfoundries has started a layoff aimed at trimming 5% of its workforce as part of its new focus on financial performance.

Regulators Deny GlobalFoundries’ Bid to Be Its Own Power …

https://www.sevendaysvt.com/OffMessage/archives/2022/02/18/regulators-deny-globalfoundries-bid-to-be-its-own-power-company

Feb 18, 2022 — GlobalFoundries Asks to Leave Green Mountain Power to Form Its … Sale of GlobalFoundries Subsidiary Leads to Layoffs of 78 Vermont Workers.

Job cuts begin at GlobalFoundries; number still uncertain

https://www.burlingtonfreepress.com/story/news/2018/06/20/globalfoundries-job-cuts-workers-learn-their-fate/718706002/

Jun 20, 2018 — Job cuts at GlobalFoundries in Essex Junction began on Wednesday, according to a company spokesman who also lost his job.

GlobalFoundries will reduce its global workforce by 5 percent

https://www.bizjournals.com/albany/news/2018/06/11/globalfoundries-cutting-international-workforce.html

Jun 11, 2018 — GlobalFoundries had layoffs three years ago, within a few months of completing the acquisition of IBM’s chip manufacturing business.

GlobalFoundries announces layoffs – WRGB

https://cbs6albany.com/news/local/globalfoundries-announces-layoffs

Aug 27, 2018 — MALTA, N.Y. (WRGB) – A shift in production at one of Saratoga County’s largest employers will cause a number of layoffs in the coming days.

Jobs cuts coming to GlobalFoundries’ East Fishkill plant

https://www.poughkeepsiejournal.com/story/news/2018/06/14/globalfoundries-jobs-cuts-coming-east-fishkill-plant/702191002/

GlobalFoundries ‘ Fab 10 in East Fishkill on June 7, 2018. GlobalFoundries , the semiconductor manufacturing company, has plans to cut an estimated 5 percent of …

Frequently Asked Questions

How many people work at GlobalFoundries in Vermont?

GlobalFoundries employs over 2,000 people at its Essex Junction facility, making it Vermont’s largest private, for-profit employer.

Where are GlobalFoundries factories?

The company has three U.S. plants — two in New York State and one in Burlington, Vermont — as well as a plant in Germany and another in Singapore. One of the New York sites, located in East Fishkill, was purchased by ON Semiconductor in 2019 and will be transferred off GlobalFoundries’ books next year.

Who are GlobalFoundries competitors?

The main competitors of GLOBALFOUNDRIES include Applied Materials (AMAT), Analog Devices (ADI), Micron Technology (MU), NXP Semiconductors (NXPI), Marvell Technology (MRVL), Microchip Technology (MCHP), STMicroelectronics (STM), Enphase Energy (ENPH), ON Semiconductor (ON), and Monolithic Power Systems (MPWR).

Is GlobalFoundries a US company?

While it has a large presence in the U.S., GlobalFoundries is owned in whole by subsidiaries of Mubadala Investment Co., which is Abu Dhabi’s sovereign-wealth fund. Currently, Mubadala’s subsidiaries own all 500 million shares of the company.

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