Topics regarding layoffs at Medtronic Inc.

Topics regarding layoffs at Medtronic Inc.

Early retirement

I noticed that the majority of the people I saw that took the early retirement option were women. I only saw a sr male leader accepting the offer…

RTO is a clear loss in productivity

I work at least 2-3 more hours every day when working from home ~ 6 am - 5 pm. When going into the office I have to spend more time getting ready and drive almost an hour 1 way, starting work around 7:50. Plus when in the office going to the... — read more 

Non-Compete in Work Day?

Does anyone know if and where we would be able to find a non-compete document? I checked Work Day, but couldn't find it. I had recent interview, external, and the HR Manager at the other company suggested that when you first come on board they may... — read more 

The Covidien Merger Comes Home To Roost

The Covidien merger that was "masterminded" by Geoff Martha is the primary reason for the massive layoffs. As a 30 year Medtronic employee (now retired) I can assure you that the single most disastrous decision made in the history of the company was... — read more 

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| 4280 views | | 16 replies (last April 28, 2023)
Post ID: @OP+1mlXnLNA

Any info from management?

If any of you are in management positions or close to management folks, could you please share any insights on the big picture of these layoffs? Are they likely to continue in the US? If so, what OU and functions will be likely impacted? Just tired... — read more 

I'm expecting more layoffs

In fact, I think we've reached a point where we have to accept regular layoffs as part of our jobs. If that's not something you can handle, it might be time to start looking for a new job. It's something I've already started doing. It makes me sad... — read more 

After the layoffs

This is a very difficult and tiring period. Will anything get better here after these cuts? I doubt it.

What was the criteria for RIF?

Anyone from HR knows what was the criteria for RIF? Who decided the RIF list? Having received exceeds multiple years hard for me to understand what was the criteria. Thanks

On the verge of burnout

Many say very confidently that they would never allow themselves to be overworked to the point of burnout, and then they go and do the workload of several people. Obviously, it's not so easy to refuse adding more to your plate and keep your job?

US Layoffs This Week?

Has anyone been laid off? Or heard of peers getting laid off? It seems pretty quiet, maybe the US majority is done for now?

I wish I was joking

I just found out that my coworker, who's less experienced and less knowledgeable, not to mention less motivated than me, is making way more money than I am! And to add insult to injury, I've been watching people in other departments getting promoted... — read more 

Very low morale

If it was even possible to bring down the already low morale, then the layoffs managed to do so. How will our leadership ever manage to restore employee morale? I'm guessing they won't even try.

"The Mission" is so overused by leadership

I hate it when leaders invoke The Mission. Its like anytime they have bad news they talk about The Mission. I like the mission but it is used in such a bad way that I am sick of it.

I'm not looking forward to today

Take a wild guess, who's going to be doing all the work that was previously done by those who were cut? If your team has seen cuts, I'm sure you know the answer. I'm not sure who was in charge of layoffs but I don't think they really thought this... — read more 

Are more US based layoffs expected this week?

Does anybody on the inside know if US based layoffs are over last week? Or can we expect more this week? I am hardly doing any work since my manager was fired so expecting that business update meeting in my inbox wouldn’t be shocking

PVH cuts 15% of marketing

Mid-career staff laid off hard. Directors not touched. No investment in pipeline but keep 99% of bloated SR R&D Staff to work in sustaining.

Anti-CEO Playbook

Our story might end like the beginning of Hamdi Ulukaya's Anti-CEO Playbook, but unfortunately, our current CEO Martha Geofrey is not embodying the principles of effective leadership. With a lot of wrong decisions, wrong direction, and too much... — read more 

WARN Notice

Per the WARN Act, employers with 50 or more employers are required to report large layoffs. Did MDT break Federal Law by not reporting this? Other companies reported layoffs from April to May in the March 2023 Report (see... — read more 

Digital surgery London - Surgical OU

Any news about Digital surgery division in London? It was recently acquired for 350million + 50 million for every year payment. Revenue is 1million per year. They are working in product which is already developed by GI unit and FDA approved. — read more 

What comes next?

This is all speculation on my part. I have no inside info; I’m a lowly individual contributor. But this is my guess: Geoff is DONE. There is no coming back from this. Performance in his tenure has been poor to put it kindly; morale was already at... — read more 

Problem with prioritizing

This is a really tough period but I'm trying to somehow stay focused and do my job. Have you noticed that it is constantly emphasized that we need to prioritize, and at the same time everything is always urgent? I don't even know what they... — read more 

Anyone in Mansfield MA - Tax

Just wondering if they are planning on getting rid the last of the employees at Mansfield MA. They have eliminated a building every other year, so just wondering if the last of the Covidien people are going to be hit.

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| 1600 views | | 3 replies (last April 21, 2023)
Post ID: @OP+1mfGjbhL

Global IT has shrunk even more (since RIFs have been happening pretty regularly since GM took over) What do you think will happen now?

With the new CIO, and leaving behind the core and periphery model, and also going away from Regions. So much is changing all over again. Will there be more RIFs? Is there any chances of growth or promotions ever in this company? It's not a good... — read more 

No "all clear"

We were told directly by our VP there will be no "all clear" given. Don't get your hopes up, hope they enjoy low productivity and even lower moral. What a terrible plan/messaging. And here I was hoping that somebody here would have said they were... — read more 

The company is nose diving

I feel very sorry for the people who lost their jobs and I'm already thinking about how everything will look after these cuts. They cut some people from my group without whom things will be very difficult. If the plan is to overload the remaining... — read more 

Ops Sourcing Layoffs?

Anyone from Ops Sourcing been laid off? Do not think I have heard of anyone from that group get a notification?

Any RIF today? (04/20)

Just wondering if any of you have heard anything. Not sure if they've stopped for now.

Anyway to volunteer for RIF?

I am barely doing work at 20-30% productivity these days, ever since Geoff fired my manager on Tuesday. I am sick and tired of dealing with all his changes and reorgs over the last 4 years. I thought about it a lot, and I realized I don’t really... — read more 

What is project pivot?

I've heard that phrase thrown around a few times but there hasn't been any announcements on it through official channels. Is it a subset to the "roadmap to extraordinary" program that they're using to justify layoffs?

How did you react to getting laid off?

Disappointed? Angry? I'm mostly angry with myself for not voluntarily leaving here earlier, because this company is no longer what it used to be.

Final countdown for King Clown

My prediction, 4th quarter miss followed by Martha getting walked out the door. No way he survives another miss and the numbers aren’t looking good. Over promise and under deliver=leadership’s new motto. I just wish I could slam the door in his... — read more 

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