Topics regarding layoffs at Medtronic Inc.

Topics regarding layoffs at Medtronic Inc.

Omar's CEO Picks

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

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| 480 views | | no replies yet
Post ID: @OP+1vNhVQhY

Tone deaf Geoff deepens low morale

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.

So Long EMEA

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

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| 1120 views | | 3 replies (last November 19, 2024)
Post ID: @OP+1vzKJCmD

Farewell, going to a direct competitor

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 

Medtronic Layoffs 2025

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

We don't need layoffs

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 

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| 1050 views | | 4 replies (last November 8, 2024)
Post ID: @OP+1vmLds3t

Geoff Martha's (and Excom) performance update

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 

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| 1500 views | | 7 replies (last January 7, 2025)
Post ID: @OP+1vl2sHeu

A new paradigm in electrophysiology: Medtronic receives FDA approval of Affera™ Mapping and Ablation System and Sphere-9™ Catheter

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 

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| 1410 views | | 7 replies (last October 31, 2024)
Post ID: @OP+1vaEX16H

Medtronic is struggling with a severe talent crisis

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 

Some of us are severely underpaid

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 

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| 1290 views | | 6 replies (last October 12, 2024)
Post ID: @OP+1uSpVXRP

GM Posing for NYSE

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!

Major changes in Structural Heart

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 

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| 1230 views | | 3 replies (last October 8, 2024)
Post ID: @OP+1uLnGavB

Hiring Freeze 2024?

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?

Does the pay ever get adjusted here?

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 

Why is it so hard to find a decent job in 2024?

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 

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| 1230 views | | 5 replies (last September 12, 2024)
Post ID: @OP+1us7kk44

Sourcing Leadership

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.

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| 1230 views | | 7 replies (last September 9, 2024)
Post ID: @OP+1umZCprm

Young researcher here

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 

Town hall

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

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| 1800 views | | 8 replies (last September 8, 2024)
Post ID: @OP+1ueYLZOw

Medtronic Raises Outlook as Diabetes Revenue Takes Off

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 

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