The shareholder dividend is a waste of money and will be the company's downfall if it is not cut massively.

You can't constantly be having layoffs and consider yourself a good leader. That's not how it works. Layoffs are the best sign of truly awful leadership that had to resort to the easiest way of cutting costs because they didn't know how else to... — read more 

Do we know if there'll be more layoffs tomorrow?

If you are going to post about being laid off or know someone who is being laid off please provide some kind of details. Just saying, "happened to me today" only leads to more uncertainty than at least saying your OU or your function or your site... — read more 

After almost 5 years at Medtronic I was blind sided by being laid off with reduction in work force. I feel bad for my team mates that are left behind. I know how much work is there and they will fall behind. Too bad the CEO can’t get his cr-p... — read more 

My department is in CRM. We just found out that we lost 5 people. These people were in leadership positions - two directors, two people managers, and a compliance person.

Got laid off this morning from the Mounds View, MN office. Thanks for the paid vacay Geoff.

I was just RIFed after dedicated my life here for 6 years. It was a good run. Good luck to the rest of you all!

Time to pump the brakes. I’m not staying late or working weekends. I’m going to start dragging my feet and if they want me gone they are going to pay me my severance. They can try their best to make staying painful, but they just declared war with... — read more 

Just came across the notification that no more summer hours for US employees starting this year. One more benefit taken away!!!!!

I haven’t heard a word but it’s been so quiet I think something might be up. Su-ks that I have so little trust in our leadership that I assume they are always lying. I figure now that the self reviews are done everyone is safe…if I jumped through... — read more 

https://www.medtechdive.com/news/medtronic-layoffs-carlsbad-california/714611/ "The layoffs are expected to take effect on or about May 19, or during a 14-day period that begins on that date. The terminations primarily affect engineer roles but also... — read more 

For the amount of people who are paid to monitor this website, maybe someone will see how awful your layoff process has been in addition to your hiring process. It’s absurd that a company like Medtronic thinks they can afford to spend three months... — read more 

New item change in sourcing trans and we heard a bunch of teams gone for good? Any more news?

Boston is growing 16% per quarter. Instead of whining , moaning, blaming and complaining about things, we need to start working and work on our goals and put others upto task. We need to do more with less. Before blaming others, we need to look at... — read more 

Boston scientific is $107B and growing https://finance.yahoo.com/quote/BSX Medtronic is $106B and falling https://finance.yahoo.com/quote/MDT/ Time for shameless Medtronic Executives to leave. Or better yet, follow YOUR GE model break this dang... — read more 

Just got home from the Target outside the old Sullivan Lake office, which as many know is now on the market after laying off pretty much all the support staff there to outsource it to India. Well, as I was leaving there was an individual sitting at... — read more 

Failure to meet numbers is always a problem with execution, right? NEVER a problem with the projection... right? https://youtu.be/uB9DioUQqEo?si=FnZPheFHMac52LXb

Anyone heard anything about MIP payout? Doesn’t sound like anyone is starting at 100%, you have to “earn” it. Keep your head up, next year has to be better right???

Are the layoffs happening Tuesday?

But more realistically, when will this ship finally sink under Captain GE-off?

It so disappointing to invest decades in a company only to watch new management break the promises and destroy the trust and culture built by prior leadership with customers and employees. Over the last decade plus leadership has hallowed out the... — read more 

Anyone hearing anymore “thou shall return or else!” threats? I’m beginning to think management has woke to idea it’s just not going to happen. The days of rotting in a cube might finally be over.

Anyone else find it crazy that there is such a large change coming to the end of year reviews without any explanation as to what it will mean? I’ve been told by 2 high ups that it will be “zero sum” meaning within your group for each person to get... — read more 

Medtronic filed a WARN notice to layoff 44 employees at Carlsbad location. https://edd.ca.gov/siteassets/files/jobs_and_training/warn/warn_report1.xlsx

The workload seems to be decreasing in my group. Not sure if it’s due to EU MDR winding down or something else. Some days there isn’t a lot to do. It’s both boring and unsettling.

GI unit President Giovanni Di Napoli gone EVP & President of Medical Surgical Bob White gone EVP & Chief Human Resources Officer Carol Surface gone Aortic President Carolyn Sleeth gone Cardiovascular Diagnostics & Services President Julie... — read more 

Along with the last semblance of innovation...

So long last semblance of innovation

Is anyone else getting their ducks aligned to voluntarily lave once MIP vests 4/26?

Last year there were audits close to layoffs …

"As an investor its worth striving to ensure your overall portfolio beats the market average. But if you try your hand at stock picking, your risk returning less than the market. We regret to report that long term Medtronic plc (NYSE:MDT)... — read more 

Yes there is a RIF, and it's big. For now it is planned for 1st or 2nd week of May. If you're worried, my best recommendation is to speak honestly to your boss if you trust them, and ask them what the odds are. If you are affected, I hope you land on... — read more 

I just found this page and I read in an older thread somebody state that people are now being laid off without severance. How is this possible? Is severance not guaranteed by law? If this is true, it adds a whole other layer of stress to the rumors... — read more