Is he a new GE style leader who will just accelerate the cost-cutting and give GM someone to blame for his own failures?
New hires?
What’s up with all the new hires at neuro? How can the company be performing poorly yet still be hiring new engineers? Feels like they are cutting engineers with experience and replacing them with cheaper ones.
Do you think we have too many extra people and not enough work to go around?
Are we over employed at this point when projects are cut down?
Trump admin tariffs affect supplies
The tariffs do affect our earnings as supplies get a lot more expensive
Return to office
It’s happening. Should be announced soon just in time for summer.
Any news on layoffs at MTC?
Had 2 earlier in the month, wondering if more will be coming in March/April… I have a feeling our LINQ excursions will come back to bite us.
Funny how things work out
After years of staying put, the situation got so bad it finally pushed me to move on. I don’t make changes lightly, but this was beyond tolerable. Now, I’m heading toward better pay, stronger benefits, and a workplace that actually values its people... — read more
Bob White is going to Philips
Interesting news…
MDT up 2%, Market down 2%
Does this mean DEI is working?
Buckle up….layoffs are coming!
After the earnings and stock drop today layoffs are guaranteed to come in April. There really is no choice. I personally think it will be a blood bath, probably 5% minimum but maybe 10 %.
Regret working hard for this company
All efforts in vain… What a foolish thing to try. It’s time to coast and collect the paycheck like everyone else
Endoscopy RIF??
Any rumors of RIF in Endo before year end?
Project Sonoma
This was a total waste of money that could have been put towards increasing the pay of employees. This new build is losing thousands due to the different and various ways Medtronic operates compared to how CEVA operates. So much of the wrong product... — read more
Meta carrying out performance-based layoffs. Will Medtronic follow?
Meta laid off 5% off of its workforce because the employees were "underperforming." Meta is using this tactic to avoid paying severance to those employees. Many of those employees had achieved and exceeded performance reviews. It is only a matter of... — read more
Dropping DEI and ERGs
Large companies like Google are dropping their DEI initiatives. How long do you think Medtronic will stop supporting ERGs?
CEO
Look at stock performance since GM took over. All time high shortly after he became CEO based on what was in the pipeline, then a four year free fall with no recovery in sight. While the overall equity markets have gained mightily over the past... — read more
Trump tariffs are coming for Mexico
All the best to all. Given our footprint in TJ. Layoffs will accelerate
Any updates on February RIF dates?
Is the current RIF goal to have everyone in US off headcount by end of the fiscal year? This would mean all notifications would happen before the end of February.
RTO mandate rumors?
Has anyone heard anything?
Job stress
Work has been a total nightmare lately. In addition to the usual - office politics and cr-ppy management that loves to bully its employees - I cannot remember it ever being this bad regarding layoff rumors. There is not a day when I am not worried... — read more
Hiring/travel freeze coming
Many OUs have millions in over spending, again. Q4 is tough. As usual hiring-traveling freeze is coming. This is an annual thing, nothing new for MDT though.
Time tracking
Is anyone else’s group being asked to track their time? We are being asked to track what we do, in detail, everyday for two weeks. Everyone, regardless of position, is required to do this. We have never been asked to do this before. Somehow, I don’t... — read more
What’s HROC team doing in Weekend
Lots of HR people online/in a call this saturday morning, what’s up
Medtronic Acquires - thelayoff.com
Did Medtronic buy this site - thelayoff.com ? I keep noticing that most of the honest & sincere posting getting deleted all the time. It has a o be an inside job.
There’s a crazy amount of chiefs running around
What if we just got rid of a few? I bet no one would even blink or care if they were cut. It’s not like they’re adding much anyway. Maybe the place would run smoother without all the extra hands waving around, trying to micromanage everything. We'd... — read more
New CFO announced...
... and it's a former GE guy. This forum is going to love this LOL
Medtronic Split
Any chance MDT may split into multiple independent businesses.
Management in my center led group
My management did me wrong and treated me awful at the end. Was having a good year so trust me, it was not performance. Now I wait for schadenfreude.
Still “no layoffs until spring”?
Or are there any rumors to the contrary?
Corporate function layoffs?
Anyone hear anything new about upcoming cuts to corporate functions? Or are they just sticking with hiring freezes?
VERP offering in 2025?
Any insights or predictions on whether they’ll offer a package this coming year?
What is true about layoffs at Medtronic
Hello, so unfortunately I was laid off a few weeks ago and was told that I need to find another Medtronic role in 2 months unless I will be terminated completely. Has anyone successfully found a new role before two months? Is it true that the... — read more
Some people think they're immune to layoffs
I’ve got a bridge to sell to every one of them. There’s no such thing as safe at Medtronic.
Who’s Better - Geoffrey Martha or Omar Ishrak
Bill George
GM message for holidays
What is wrong with us where we can’t say merry Christmas Instead of saying happy holidays ? Why are we always on the wrong side of things? We back and pat ourselves on the back for supporting and inviting losers like Walz in the holiday program... — read more
Work on your skills, people!
The job market is rough right now. It’s tough even for those with experience, education, and skills, and it’s worse for those who’ve let their abilities slip. If you want to find another job after getting laid off – and let’s be real, many of us will... — read more