Anyone aware of sourcing leadership changes on the horizon? Total mess from where I sit. Looking for any positive news you can share, or should I dust off my CV.

Looking at recent earnings. All the money we made is either going into dividends or buying back stock to artificially pump the stock by GM and his buddies , instead of reinvesting that money into R&D, Quality, trials etc. while shipping jobs to... — read more 

Started in Medtronic two years ago. Not really happy. Expected that I would learn more and have a great opportunity to advance in my field. It hasn’t happened yet. My overall impression is that the company has a great potential, many people are very... — read more 

Great to see Geoff deliberately avoid answering questions about layoffs in the town hall q & a today.

Edison Machine promises "all-in-one" diagnostics capability from a single drop of blood.

Background context: I work in surgical, and we recently opened a new office. When they designed the office, we said hey it probably isn't a good idea to have all the test robots in a big open room because they are REQUIRED to have the alarm sound on... — read more 

There used to be posts in here that described a Lawyer who has taken up harassment cases against Medtronic. What’s his name I’d like to reach out to him

Medtronic slightly lifted the lower end of its annual profit forecast on Tuesday, banking on sustained demand for its medical devices and growth from its new launches, sending its shares up 1.6%. Investor expectations from medical device makers... — read more 

Must’ve been nice getting paid 30% pay increase to 20M last year for overseeing the stock tanking by 10%. April 2023 stock price- $93 April 2024 stock price - $81 This is completely mind boggling, how long will the BOD keep sleeping? It is pretty... — read more 

Under the leadership of Dan Volz, the Neurovascular business has plummeted. Shame on Brett Wall and Geoff Martha for their poor judgment in placing Dan in multiple leadership positions. Dan… Commercial Transformation under your leadership will lead... — read more 

I’ve been working here for five years. Watching such a potentially good company going down for a lack of trying is just not a workplace for anybody who actually wants to do their job. I’ve been looking for a while and I found another job last week... — read more 

Just unbelievable… 30% pay increase from last year to $20.1M. And 296 times more than Medtronic median workers pay. That a change from 230 times from last year. What did most of us get this year? 2%?... — read more 

Medtronic is allergic to organic growth. The leaders would rather cut cost everywhere to make their golden parachute bigger. This is one of our biggest problems. We have leadership that doesn't care about the employees or the company. That kind of... — read more 

Anyone see Geoff’s recent LinkedIn post about the partnership in the Diabetes sector with Abbott? Any insights onto what this might mean?

No, I don't have insider info on this, but my bet is that he's on the way out. The fact he has been able to take up a board position in another company is very telling. How tf has that been seen to be appropriate, considering the company he leads... — read more 

I'm so tired of this. I have other things to do. Important things that I can't leave for another day. And I'm still forced to take part in these unnecessary meetings where the same things are being repeated over and over again. Some people do nothing... — read more 

Or if it’s even possible now to change the course? The way things have been for a while is a dead-end. We can expect nothing but for Medtronic to continue downwards and for us, employees, to be in a constant fear of layoffs. I was so happy when they... — read more 

Legacy of Omar is a tough subject. Executed one of the largest Med device acquisitions, which led to MDT stock doing well in his time. But what about innovation, distraction of VBH, and most importantly the "GE"fication of MDT - starting with... — read more 

What performance? https://www.sec.gov/Archives/edgar/data/1560409/000161310324000090/xslF345X05/wk-form4_1722470548.xml

I know we were told “as soon as administratively possible” but it’s been weeks now. Anyone have info as to when we can expect our checks?

Edward down big yesterday Dexcom down big also, mentioned about competition, J&J also mentioned competition impact. Is it going to be very good quarter for Medtronic considering advantage going towards Medtronic 🤔?

How do you guys deal with this? I'm stressing so much that I'm starting to feel it affects my health. I wish I could stop but I haven't been able to find a way to spot thinking about it so far. With a bad job market and not being able to afford to... — read more 

Does this mean potential layoffs on the horizon? Like every team in our department has been directed from our management to work on documenting everything we do. Keep in mind this new management came in less than a year ago.

It's scary and sad seeing all these great folks and talented people leaving. There's a quiet exodus happening, and it just keeps getting worse every day. More and more people are jumping ship, and it's turning into a serious brain drain. I have a... — read more 

My role in CRM was impacted by the RIF in early May. My "notice period" expired on 7/9, but I still have not received a separation agreement from MDT. Not sure if they are being slow on these to help defray the impact of mass severance payouts on... — read more 

Do we know when it's happening?

Medtronic stock returns Since GM took over as CEO (April 1 2020): MDT: -10% DJI: +65% S&P500: +86% Medical Device ETF: +33% This is a lot worse if you look at this starting Nov 2019 (when GM really took over the company) Medtronic leaders - Geoff... — read more 

I went from loving to work here to actively looking for a new job, because this company has no future. Not because the employees are incompetent, not because we can not make innovative products that there will be a demand for, not because we don’t... — read more 

NextEra Energy, Inc. has expanded its Board of Directors, appointing Geoffrey S. Martha, the CEO and Chairman of Medtronic plc, as the new member. Martha brings a wealth of experience, having held various leadership roles within Medtronic and GE... — read more 

I can’t come up with one reason why the board is still in place. I don’t mean this sarcastically but can anyone else? My guess is there are agreements with the big investors and current leadership or a purchase of an outside company. Thoughts? — read more 

I was laid off in May was told the severance check would be coming on July 10th. I had assumed that MIP and PTO would be paid out at the same time. The bank statement for severance came in but it doesn't look like MIP or PTO was included in it... — read more 

How come we are expected to be loyal to Medtronic but that loyalty is not reciprocated? We are treated as an expense instead of an investment. We can be laid off at any point without a good reason or explanation, but somehow in all of that, we’re... — read more 

Let's congratulate Geoff & the board for engineering the extraordinary decline in market share. MDT has sunk below 99B market cap and is #5 amongst its peers. While 99B is still a big number I'm sure they will find a way to mess things up more. ... — read more 

Does anyone know if the RIFd employee gets the MIP in the severance check or separate?

I don't know if there's anybody still reading this after being laid off, but if the answer is yes (or if somebody is still in touch with those who were laid off) can you share with us please how your job search is going? Are people able to find new... — read more 

I’m seriously asking. Or everybody basically gave up on this company, so it’s only about stock and upper mgmt pay? Letting so many talented and experienced people go all the time, together with all other cost cutting measures, in exchange for the... — read more 

This ship really is sinking isn't it?

Has anyone written to the board and received a constructive response? Wondering if it's a worthy endeavor.

Use this to post your BU's MIP multiplier

Any ideas how they will nibble away the benfits program this year? Last year one was dental insurance while bolstering rarely used garbage benefits. Lets brainstorm it so we are less shaken when it happens this fall!