Shiny & promising company with frequent layoffs - Anonymous employee GlobalFoundries Employee Review

3.0
Aug 20, 2021
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The physical workplace is nice, there is an on site gym, cafeteria, and modern design. This attracts potential employees to a promised land, but the money is invested here rather than your annual raises. Salary is pretty good, but know that annual raises are not meeting inflation so it's best to aim high with your job acceptance. Benefit options are great with multiple carriers to choose from. PTO is above market.

Cons

Leadership! They are very top heavy and don't consider the workload they put on employees in the departments that keep the company afloat. Almost all departments are severely understaffed, but the headcount allowance is low so they do not see it this way. Due to the low headcount, turnover is high because the workload is unbearable and unsustainable. Frequent layoffs within the past year that are disguised as a reorganization or worksmart initiative.Unfortunately they lay off the core employees that are needed to keep the overall company afloat. Once leadership is made aware that departments are failing they will punish the remaining employees and bring new employees into these positions just to layoff again when all is steady - and so the cycle repeats. Most employees are overworked and spend weekends meeting deadlines. Favoritism is huge.

Explore other reviews about GlobalFoundries

5.0
Jun 25, 2026
Recommend
CEO approval
Business Outlook

Pros

Good Company with deep culture and relationship

Cons

No any cons , regular company

4.0
Jun 26, 2026
Recommend
CEO approval
Business Outlook

Pros

Great team in Burlington. Diverse technology portfolio provides endless opportunity to learn.

Cons

Non-revenue support groups have small budgets and are seen as cost-burdens. Raises and promotions are behind the industry.

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