GlobalFoundries reviews

3.6

65% would recommend to a friend

(670 total reviews)
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Tim Breen

78% approve of CEO

41% positive business outlook

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670 reviews

Reviews about "Compensation"

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2.0
Jan 1, 2013
Recommend
CEO approval
Business Outlook

Pros

State of the art facilities. Possibility for company growth leading to opportunity. Backer's with deep pockets. Diverse work force. strenthening local economy.

Cons

More image than substance. Upper management seems more interested in projecting to the world that we are a prestigous and successfull company, than they are actually becoming one....... Not entirely truthfull with employee prospects. Talking a big game about raises, bonuses, and promotions, none which will actually come to fruition.......Too much emphasis on degree over experience. Allowing a college grad that has never seen a microchip make process and policy decisions while ignoring the input of techs that have been successfully processing wafers for most of their lives. You have a lot of 20 - 25 year old grads with 0 experience telling 45 - 50 year old techs with 20 years of experience how to do their jobs........Openly spends way too much money on unnecessary building and superficial facelift upgrades while telling hard working employees there is no money for raises or bonuses which were promised.......They Absolutely manage through fear. Middle management is deathly afraid of facing upper management in meetings(to which there are way to many) when issues arise. Causing a trickle down effect. Middle management in turn takes it out on engineers and techs because of said fear. A lot of blame coming from upper management when in business it is known that upper management usually gets the credit when the business succeeds, and the blame when it fails. The upper management at Global Foundries likes to take credit for success and blame middle management and employees for failures.

1.0
Dec 23, 2012
Recommend
CEO approval
Business Outlook

Pros

Easy to slack off if you choose to as no one really knows what is going on anywhere else beside own little corner. Bunches of diverse people to socialize with if you into this type of thing Little things here and there, i do not know, list is truly quite short.

Cons

Mismanaged from top to bottom to sideways. Recently restructured with new VPs but most of them came from same place. Hummm... They gonna form a chess club i suppose, or maybe a golfing team, not sure. Trying to forcefully unite 3 totally different regions into on jumblesoup clearly failed all those past years but yet no one can see through pointlesness of that? Ancient Romans said - divide and conquer. LEARN FROM THE HISTORY. People need to learn to speak their mind and not stupidly say yes to any moronic demand management might put on them. Morale is terrible across the board. Someone used words SWEATSHOP and i could not agree more. Unless you have VP in your title no one care a dime for you. Moving to a NEW HQ when company is neck deep in being non profitable?? Building BRAND NEW facilities for that too?! Moving because it is not prestigious to be in Milpitas? So there ARE $$ for that but there are no $$ for promotions or bonuses or do even buy quality equipment? Nice one Globalfoundries.

2.0
Dec 19, 2012
Recommend
CEO approval
Business Outlook

Pros

o company performance stabilized after horrible 2011 o good coverage in the press o interesting to work across diverse cultures/sites o technology roadmap has some promise

Cons

o executive leadership very weak - all second rate or very inexperienced o Singapore long term o Malta with no load from start through 2013 o executive hiring and promotions totally the wrong people o AMD demand dropping, other big guys prefer TSMC or even Samsung or UMC

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