Happy holidays! Thank the board!

Very concerned about constant cost cuts and how, no matter how much we cut, it’s not enough. We don’t pay suppliers on time, which I thought was due to our incompetence but now believe MDT is deliberately trying to hold onto cash; we don’t pay taxes... — read more 

Below is an article where MassDevice sums up layoffs in Medtech. At a very basic level, ask yourself why is Medtronic the only company not to disclose layoff numbers? Why are other large med tech companies like Edwards, BD and Bard comfortable... — read more 

Greetings all. During this holiday season, I elected to read Charles Di-kens' A Christmas Carol, having been loosely familiar with the story, but had never read the original. Here's a summary of the first four staves. In stave 1, we’re introduced to... — read more 

I decided to leave, and need more time to find another job. It would be great if they leave us in relative peace until at least Feb and March. I just can’t be a part of this company anymore. I used to like my job, but the way we are all being... — read more 

I haven't been here long enough to know if Medtronic does layoffs close to holidays. Should I be worried?

The pay’s not worth it, I'm constantly under a magnifying glass, and people are always coming and going. It feels like there’s no chance to climb the ladder, no matter how hard I try. We’re not treated like people, just cogs in the machine. I know... — read more 

Can anyone please share the high level severance package information? How many weeks of pay for each year of service? Wondering how long I will have to find a new job.

Major layoff happening in NV today. Several NPD positions eliminated.

Omar's CEO Pick #2 (Intel's Gelsinger, when Omar was Intel CBOD) = fired It is time now to fire CEO Pick #1

We ARE undervalued.

I saw this longtime back, wanted to bring this forward for everyone take & feelings including GE. https://www.thelayoff.com/t/1sc2jW1v#twn

So his answer to rampant burn out is to just embrace the stress. Great reminder that this company holds zero value for any of us. You actually do matter. Do not stroke out for this place.

Looks like a few 100 were lost in EMEA this week. When will Geoff die on the stake?

Medtronic expects to report high-single-digit growth in adjusted profit in the back half of the fiscal year, as the negative impact from foreign-currency fluctuations abates. The company is looking "aggressively at dynamically pricing" in markets... — read more 

I'm an individual contributor and I've been with the company for 11 years with sh---y pay. Nearly every year my manager tells me that I'm being underpaid but there's nothing he can do about it due to the company performing poorly (meanwhile GM gets a... — read more 

Have you heard anything about potential Medtronic layoffs? Any chatter, news or rumors?

From 1 to 10. And be honest.

Few people still want to work here. Talent is walking out the door faster than ever. Even the new, young hires quickly realize they made a mistake when they joined Medtronic and don’t hesitate to find somewhere that appreciates their skills and... — read more 

It has been 5 years since this group took over the company (GM became President and effectively took over Nov 1 2019), so let us take stock of performance: MDT: -17% ABT: +42% IHI ETF: +43% (Med device ETF) SYK: +74% BSX: +106% to date A whopping... — read more 

Isn’t it crazy how the rank-and-file employees always seem to be the ones getting laid off? Bad results? That one makes sense. But then there are times when things are going well, and we still find ourselves out the door because the leadership wants... — read more 

Congrats all! Stock on it way to $100🚀 The system is an all-in-one, high-density mapping and pulsed field and radiofrequency ablation catheter for treatment of persistent atrial fibrillation, or AFib, and for radiofrequency ablation of cavotricuspid... — read more 

Medtronic Inc. announced plans to temporarily lay off 237 workers at its Santa Ana business unit by Dec. 4, according to an EDD filing. In an emailed statement, Medtronic spokeswoman Erika Winkels said that the Santa Ana manufacturing site will... — read more 

My department is seeing indicators that there will most likely be some RIFs. Does anyone know if a round of RIFs will occur before the end of FY25?

Does 3 day office presence only counts towards work site in Workday or visiting other site also counts towards it ?

We have a deficit of people who can effectively combine technical knowledge and business savvy while delivering results. So why on earth does management keep laying off the few of them this company has? This move is not just puzzling but downright... — read more 

I recently got a new job and quickly realized how much I had been underpaid at Medtronic. The position I accepted offers $18k more annually for doing similar work. It was a bit shocking to discover the pay difference, but I’m glad I made the move... — read more 

Both of these groups have hired consultants to audit the staffing, structure, and efficiency in order to advise on a new model going forward. It all implies major upheaval, restructure and layoffs. The com ops VP recently handed out some vague... — read more 

Anyone see the pics of Geoff flaunting the gavel on the New York Stock Exchange floor? Thank the board for their great PR on creating value for shareholders!

SH is having a significant overturn of leadership which is splendid news considering the horrible decisions that have plagued the OU. There are still a few leaders that should be shown the door but signs point to on-going changes. The timing is... — read more 

Applied for several jobs and even had screening interviews. Now nothing. Then I heard contractors laid off Have then already frozen hiring for FY25 in Minnesota?

I'm in the bottom of my pay band despite being in my role for multiple years and being told I exceed my level. I've been checking around the market for a couple months now, and most companies are willing to pay 15-20% more with a remote work option... — read more 

I've been job hunting for months, but it's really rough out there. I’ve gotten offers, but the pay doesn’t come close to what I make now - even with our terrible benefits. That just adds to my anxiety, especially with how shaky things feel here at... — read more 

I have nothing positive to say and my team is small so I’m not sure it would really be confidential as they might be able to guess which responses are mine.

And by using the most crude methods known? We are the prime example of a company which has expertise and infrastructure to be competitive, even leader, and yet we are barely surviving (for now) instead of going forward. It's a wasted potential both... — read more 

Sounds cool, I think I will be ordering these limited edition hoodies! I really want to be decked out in the latest Medtronic gear since I have so much pride in this company which I work for!!!’