HOPEWELL JUNCTION – Over 1,000 employees of Global Foundries U.S. 2 LLC at the former IBM East Fishkill facility have been notified of layoffs as the business is sold to ON Semiconductor Corporation, according to the State Labor Department’s Office of Dislocated Workers Program.
The layoffs, affecting 1,056 employees, are expected to occur on December 31, 2022.
The good news is that ON has made offers of employment effective January 1, 2023, to all of the affected workers.
The acquisition of Global Foundries by Phoenix-based ON Semiconductor was announced in April 2019.
ON Semiconductor Corporation manufactures semiconductors and related devices.