Anyone have an update? Is this happening and what are the guidelines?
Geoff has pushed out all long term experienced leaders
Since Geoff took office he has systematically thrown out long term leaders who made it up the ranks at Medtronic. He has replaced them with “outsiders” the majority of which have no MedTech experience. To make things worse these new leaders are... — read more
If you have corporate governance, mismanagement, or board concerns, there IS something you can do.
There are channels to complain. If you fear retaliation, go anonymous. All of the following information is publicly available on the 'Corporate Governance' section of the website, here: Investor Relations:... — read more
Incompetent Board
SS Visionary Inspiring Empathetic Honest Selfless Courageous Deeply Experienced/Knowledgable Brilliant MM Bold Focused Proven Capable Inspiring High Integrity Compelling GM None of the above How do you cling to the job you don't deserve? Lock MM... — read more
MDT stock price su-ks big time
Who would want to invest in MDT, besides mutual funds that need to spread money around? Geoff wonder boy has done a great job sinking shareholder value since Omar the dum--ss promoted him to CEO. Another GE ha----b in my opinion. So tired of these... — read more
The management and board is out of control
Unbelievable that they promoted a guy to lead CV who previously ran Nuvasive to the ground (ending up with cheap acquisition by Globus) and promoted another guy to run CST, who previously ran Nevro to the ground (acquired by Globus in a fire... — read more
Medtronic a SICK Company?
Is it fair to assume that Medtronic a SICK Company considering that Share holders have lost $$ big time in last 10 Years without even considering SP500 growth and/or adjusted Inflation. I wish there was a executive pay clawbacks so that MDT board... — read more
Diabetes people
Any updates on reorg yet? Are there further cuts?
You ever feel like you're caught in one of those old-timey bear traps?
When you're trying to leave, but you're not young enough to be the "fresh talent" everyone wants, and not old enough to collect that pension. I've got the skills, but all anyone sees is the mileage. Starting over would mean betting everything I've... — read more
More layoffs in IT today ?
Hearing about more layoffs in Global IT today, does anyone know more ?
I’m completely demoralized
This particular round of layoffs has been a tipping point. I can’t even pinpoint exactly why. I haven’t been happy in my role here for a while. There’s been a persistent sense that the culture is deteriorating, and I’ve found myself enjoying both the... — read more
Who would buy Diabetes???
Who would offer a good price, assuming an IPO will NOT generate the cash needed to line Geoffrey’s pockets? Diabetes is integrated so much within the Medtronic manufacturing plants, so what happens there? Also, the diabetes business is small in... — read more
Just found out a company pulled my job offer last minute
After months of interviews, getting my hopes up, and turning down other opportunities, I’m back to square one. It’s exhausting putting in all that effort just to end up with nothing. Not to mention having to deal with constant layoffs here. Feels... — read more
God help you if you end up staying in Diabetes
Well, if you didn't need any more evidence that the board and c-suite is loaded with rent-seekers hand picked by Geoff to prop him up and share around the profits as they pump and dump Medtronic by slow death, Que's appointment as CEO about seals it... — read more
The 5 S’s of Corporate Stupidity
Well today In staff meeting we learned about the 5 S program being rolled out across the enterprise. Here’s what they are doing with this absolute moral ki-ler: No microwaves allowed in common areas. We had microwave on our area for over 20... — read more
Be your authentic self at work
“Be your authentic self at work!” Oh, you mean until you lay me off? And then I’m supposed to suddenly become a robotic, smiling, NDA-signing shell of a person just to collect the severance I earned? Got it. So authenticity is great… until it... — read more
Does anyone believe the RIFs aren't over for this quarter?
It appears a few groups were hit really hard this time (primarily OUs), staff/corporate groups not as much. Does anyone feel like there is another reorg coming with more RIFs in a month or two for GOSC?
AI is not taking over
Hilarious that people think AI will take over. AI can only be effective if our data is in good shape, which it is not. It is inconsistent, incomplete, error prone, and very much out of date. We’ve invested millions of dollars into planning and... — read more
Cuts are over. Now the mess begins.
Since the cuts were made strictly by the numbers, many skilled and experienced people were let go. As a result, even more critical roles will be missing from our teams. Add to that the fact that some teams are now down to skeleton crews, and you get... — read more
My team lost three people who’d been here 15+ years
What’s the point of ki-ling yourself for this place anymore if that's the end result?
This place is a masterclass in bad leadership
Ever seen a place where leadership smiles in meetings but operates like a dictatorship behind closed doors? They preach "teamwork" while systematically shutting down anyone who questions their methods. To add insult to injury, the worst offenders... — read more
What’s the point in working hard?
Work hard Work long hours See family less Get more stressed Get promoted (later than you should have) Repeat for 20 years Get laid off because you’re too expensive We’re all on an escalator that drops off suddenly in the middle of the sky, leaving... — read more
Business Updates?
Greetings All! Im just wondering what is the overall update? Are the cuts finished? we already into mid May, so i this we over the worst? or am i wrong?
Devastated. Whole department let go.
We got the dreaded day before "urgent business update" meeting invite, just to be walked off the unit that some of my colleagues knew for over 20 years barely 24 hours after. Security escort through the halls early in the morning like we were some... — read more
How about that Organization Health Survey!
Twice a year we get asked if we would go above and beyond for the company. Clearly Medtronic won't go above and beyond for us. Do us a favor, just send the survey to executives and have them answer the questions. They are the problem.
Completely disillusioned
This was my first job out of college. I was so excited when I got the offer. I learned a lot in the early years and even managed to make some progress. But since then, it’s felt like a steady downhill slide. I’ve never felt so unappreciated. It’s... — read more
Genuinely disappointed I wasn't laid off
And yes, I would trade right away with somebody who was.
How is it going?
How are things going? Who's been affected and what areas? Are there still meetings across the board for today/tomorrow?
Major Announcement Coming Friday!
I have on good authority! That there will be even bigger news breaking Friday! Management are panicking, and a full damage control team have been assembled to mitigate the upcoming fallout. This is going to be much bigger that just layoffs. There is... — read more
Not making the same mistake again
One thing I’ve learned since joining Medtronic: I will never again work for a company that lays off employees during strong financial results. If leadership is this quick to cut people when things are good, I can only imagine how they’ll act when... — read more
Why are we laying off an hiring at the same time?
Look at how many openings there are right now. Shouldn't there be a company-wide hiring freeze before there are mass layoffs?
All New Discussions Posts are deleted
All New Discussions Posts are deleted.. but by who & why and under whose directions. Medtronic leadership team must be a bunch of COWARS folks. Freedom of speech is stolen, maybe Justice Dept or FCC need to intervene here.
Medtronic Leadership are so out of touch!
I have to say, it just feels really strange when the president of Medtronic Cardiac Surgery sends out an email talking about all the great things happening at the company and welcoming new people, but does not even mention anything about the layoffs... — read more
Medtronic is a joke!
Employees deserve better. Try trimming the fat at the top and making quality products.
We needed layoffs
The only problem is the wrong people are getting laid off again. Most of the real fat seems untouchable.
So sorry for everyone who was laid off
I know many of us haven’t been happy in our roles here, but these are tough times, and the job market is really rough. I hope everyone lands on their feet quickly, and ends up happier in their next job.
Diabetes all clear,now?
Looks like the new structure was just announced which likely means we are done with layoffs for now. Sorry for all those impacted!
The rest of the week
Will cuts be finalized today or will it be dragged out throughout the entire week?
How is today going?
What - if anything - is being hit?
Bloodbath going Nuclear!!!!!!!!!!!!!!!!!!!!!
The bloodbath has started this week, but there is more to follow! I have inside information that Medtronic will be releasing a press release Friday, with regards to an upcoming Scandal, that's about to break. Medtronic's shares are going to go... — read more