Don't know if anyone caught this, but this was announced back in August 2023: "Medtronic said it has changed the MIP for the current year so that missing the earnings per share target won’t disqualify senior executives from payouts." From:... — read more 

Today MDT is 94B while Intuitive is 96B Can I get a L M A O Nice going Geoff!!!

Every medical device company along with consumer staples (Pepsi, Coke) is down 20% in the last 3 months, this is not just Medtronic, reason for that is the prevalent use of GLP1 or-l therapies by Novonordisk and Eli Lilly which potentially reduces... — read more 

Soon the stock will be in the 60s! Thank the board!

What's going on with that?

https://www.marketwatch.com/investing/stock/mdt?mod=search_symbol

All these recent articles about potential buyers of spinoff divisions will cause a dead cat bounce when they go through, but then the stock will keep dropping! Looking forward to 50s by end of 2023!! Thank the board

Shareholders, don't forget to VOTE this month against retaining all of the board members before the annual shareholder meeting October 19th! Make your vote count. Kick them out.

AKA create value for me, your favorite majority shareholder, so I can have generational wealth. Tell me to care more about our patients and expendable employees? My bank account matters more :) can't wait to receive my golden parachute! Stock to... — read more 

Did you offset your people's raises with "other efficiencies"? Not really difficult after everything has been gutted the last two years right? Yay to high performing culture where managers have to cut innovation in order to give 2% raises to their... — read more 

Heard there were a few cuts last week in GLS in Santa Rosa and in HR? Anyone else hearing anything? Are layoffs going to be common theme this year?

Major IT LayOff pending in Q2-Q3, is that true?

Anyone that holds MDT shares have received the letter with the voting code. Time to give GM a clear message and vote against him…

When management can't figure out what to do but knows something needs to be done, they create centers of excellence. Create a new group with a clueless leader, then assign random people and assign them vague and unobtainable goals and see what... — read more 

I keep hearing MDT is investing more in R&D than ever, but I don't know any OU R&D groups that aren't cutting projects due to lack of funding. ?? What's going on?

Medtronic faces a class action lawsuit over sharing diabetes patients PII and PHI. It seems diabetes is the problem child that keeps on giving. Q has a background in software and though this was a good idea ??? What is going on in that OU, will it... — read more 

I joined the presentation later, but I saw KP’s presentation. No explanation why the Street is not reacting to our positive results?! I was surprised they didn’t blame RTO… And no time for Q&A, huh?! (Again!)

Any rumor's when the next round of RIF's or out sourcing beings

Does anyone else feel like the salary here is kind of a joke? They have done little to nothing to keep up with inflation. I don't see a path to achieve my financial goals at Medtronic.

To get GM and KP out? The street doesn’t trust them anymore, so their departure is overdue!

https://www.youtube.com/watch?v=Gb2UZPVCgms

So embarrassing that a small unknown company Recor Medical was able to get their therapy approved, whereas Medtronic couldn’t. Another feather in Geoff’s cap, bravo! Hoping you will get another $20M this year Can RDN employees expect layoffs soon?... — read more 

GM is not the highest especially given the company's revenue. https://www.medicaldesignandoutsourcing.com/medical-device-company-ceo-compensation-worker-wages/.

Medtronic posts across-the-board revenue gains after layoffs earlier this year After cutting costs earlier this year—including through a rolling wave of worldwide layoffs—Medtronic is starting off its 2024 fiscal year with reports of single-digit... — read more 

I see one of the following possibilities: The poor earnings are already expected are already priced in Medtronic does even worse than expected and share price falls . Given careful explanation about foreign exchange rates, supply chain... — read more 

Rumors about more layoffs are intensifying, should I be worried that there's some truth to them?

Isn't that just f*cking convenient Geoff!! I thought this was part of your grand "compete to win" strategy! You stupid fkn toolbag, all it took was 1 year of not hitting MIP to immediately reverse course. Look forward to the excuses you come up for... — read more 

Medtronic is not a good place to grow your carrier. He-l, it's not a good place to work, period. If I was younger, I'd be long gone. I just hope younger people don't make the same mistake I did and get stuck here in a dead-end job. Go and find a... — read more 

https://www.medicaldesignandoutsourcing.com/medtronic-ceo-pay-median-employee-mip-changes/ As reported to the streets

What is going on in IT? I’m only hearing chaos and frustration and no positive words about the new CIO. I heard IT will starting RIF soon, so they can move the roles to India? I was considering a job in IT, but now…

what is happening?.... Why keep the shares going down? (I hear the results of Q1 are trading in the right way, so I wonder what else is going on)

Does Medtronic do counteroffers, or is it purely a waste of time? Asking for a friend..

The reporting is out and so are the metrics by area. The % of remote and flex is hilarious and almost 100% in MN. You did this, Goff and team. You did this and told us we had to stay at home to be "safe" for almost 3 years, and made us change our... — read more 

Thank you TheLayoff.com Medtronic posters! I was part of the US April lay-off and all the information shared here had me 100% ready. I was in a Corporate (non-OU) role. My lay-off and subsequent pay-out of both severance and MIP played out EXACTLY... — read more 

I recently received an external job offer that I'm going to take. Do I need to cash out my recognize points before I leave or can I keep them? If I can keep them does anyone know who I need to contact to change the login in credentials? Side note -... — read more 

Has anyone managed to reach the midpoint of their salary band after starting at the lowest point within their roles pay band, considering the significant 20% difference between the midpoint and the lower end of the range? I am curious if such an... — read more 

Or is the Finance department a total mess? It seems that cannot get anything right anymore! POs that should have hit last year's budget are hitting this year, a lack of accruals,... you name it!

After seeing many gossips about layoffs and restructuring at different sites, should I join Medtronic, Hyderabad, India? I've heard Medtronic is planning to invest or already invested hugely at Hyderabad. How much of that is true? Please who have... — read more 

Overpay 45B for Covidien and line Omar and Geoff's pockets with cash Destroy Medtronic morale and structure by bringing those toolbags in Eviscerate supply chain, quality systems, increase recalls, destroy comp, allowances, commissions Proceed to... — read more 

Maybe I'm wrong, but it seems to me that fewer people are leaving than expected because of the terrible atmosphere?