Topics regarding layoffs at Medtronic Inc.

Topics regarding layoffs at Medtronic Inc.

Newer News

On the Call: Medtronic CFO Discusses Layoffs The Associated Press Medtronic Inc., the world's largest medical device maker, announced Tuesday it will eliminate 4 to 5 percent of its work force to make up for anemic sales of its implants. The cuts... — read more 

I hate the uncertainty

If my group was already affected on Tuesday, does that mean we're safe for the rest of these cuts? My manager is being very tight-lipped and I can't figure out why. If the answer is "no," then just say it. I'd rather know that than have to deal with... — read more 

Total disrespect toward employees

The lack of transparency about layoffs and what's going on in general shows just how little Medtronic leadership respects employees. We should not have to rely on the internet to find out what's going on! It's a stressful time for all of us and they... — read more 

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| 1790 views | | 1 reply (April 20, 2023)
Post ID: @OP+1mecXbAa

8 Years of Quota Hiring and Promotions

Anyone who thinks 9 years of DEI quotas, aggressively pushed down from above, hasn’t contributed mightily to Medtronic’s downfall is either a beneficiary of said practice or isn’t being honest. You can’t push thousands of folks with decades of... — read more 

How not to do layoffs

This round of medtronic layoffs is the worst i have seen in 25 yrs in HR, 12 of which were at Medtronic. I am so sorry for all of you. No numbers and no end date. This is absolutely terrible. I am sorry. This process is... — read more 

Transparency from leadership lol

I came to work for this company because of its mission and what we do for patients every single day and all the Townhall meetings every leadership person promises to be transparent and let us know of important information right away so I find it... — read more 

Business Update Email

Is everyone getting it the day before? Or is anyone getting it the day of? Anyone just been pulled into a meeting? It seems like most people are getting a business update meeting notice the afternoon before?

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| 2960 views | | 9 replies (last April 20, 2023)
Post ID: @OP+1mdr6Bm2

Major security issue??

Laid off yesterday and did the thing where I input my personal email for the severance package communications. Received my own but this morning I received someone else’s! Full of personal info, salary information, full severance documents, etc. How... — read more 

These layoffs should not be taken personally

I'm hoping for the best, although I'm mentally preparing to hear that I'm no longer needed here. It is a big disappointment to give your best for many years and then get laid off in the end. However, I realized that these layoffs should not be... — read more 

Very poorly managed layoffs

It's as if they did not care that we are feeling anxiety and uncertainty of whether we will lose our jobs or not. Their goal was to make the news of the layoffs resonate as little as possible in the public, and whatever happens to us, the loyal and... — read more 

Severance?

For those impacted, what was the severance package offered?

Wall Street loves the news

For the first time all year MDT is outperforming the market. The market is down a percent point, but MDT is up over 2 %. Here comes another big bump for ExComm.....

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| 1930 views | | 6 replies (last April 19, 2023)
Post ID: @OP+1md7LXSp

Is this a fact?

Non sales in the US will be done this week. It’s the regulated countries outside of the US that have different laws and restrictions, those sites will drag out through the summer. I'm going to feel much better if this is true, but is there a way to... — read more 

Three articles

I found three articles about Medtronic layoffs, but they're all just local news. It seems like nobody really cares about what's happening with us. Maybe folks are just used to hearing about layoffs, or maybe we're just not "cool" enough like tech for... — read more 

What about Wednesday?

Will the layoffs continue at the same intensity or will it just be the people who, for whatever reason, were not readily available to notify? I know GM said that the layoffs will last for months, but there has to be a point where it goes from a major... — read more 

Prayers for all

Like many of you, I have been checking back here more than I care to admit. I personally have not been impacted (yet), but I feel for all those that have been as well as the rest of us sitting on the edge of our seats. This is a great place to vent... — read more 

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| 1462 views | | 1 reply (April 19, 2023)
Post ID: @OP+1mdABsi0

Management feels aimless, layoffs being handled poorly

Just got an email that layoffs will be happening over the next TWO MONTHS. So, every day we'll just go to work waiting for the shoe to drop. How can employees function under these conditions – just live in denial and wait for the slack from our... — read more 

PVH News

Layoff timeline? Number impacted? Functions impacted? I didn’t hear anything today 4/18 so I assume tomorrow Wed 4/19.

We need Wall Street analysts to start asking questions

It's clear they are the only ones who can bring about any change here. No one has lit an actual fire under Geoff and his crew. They just keep making excuses and weaseling out of having to give any real answers, while the company blatantly falls apart... — read more 

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| 1560 views | | 1 reply (April 19, 2023)
Post ID: @OP+1mdd0Uxg

CST Check in here!

Nothing going on in Enabling Technologies or CST from what I can hear. Am I wrong? Is tomorrow our big day?

Santa Rosa Aortic

How many people from Santa Rosa Aortic have been laid off already. I lost the count. Some department managers asked everybody to go home. Does that mean the whole department will be let go?

The billion dollar blunder

Geoff and Brett, Where should I start? I guess I will skip the many other mistakes made and get straight into what may go down as one of the worst medical device acquisitions of all time, Intersect ENT. You two beacons of leadership decided it would... — read more 

CRDM

Doesn’t seem to be impacted and if it is very minimal.

This is going to be a long week

Updating one's resume should help reduce anxiety. However, is it really so? I'm even more worried since I started looking for a new job because I thought I'd get it much easier, and I still haven't.

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