Topics regarding layoffs at Medtronic Inc.

Topics regarding layoffs at Medtronic Inc.

VERP

How many of you are planning to say yes? I'm worried that there will be too few takers and we'll end up having major layoffs after all. Hopefully, enough people are tired of Medtronic and will be happy to use this opportunity to get away from here... — read more 

Layoffs.....

Nobody knows anything yet!?!? Spill the beans please

Reorgs have destroyed morale here

It is not surprising that the morale was so low. Here are some concerns that employees have after reorg: • “What are my different responsibilities? My new manager doesn’t even know his or her team’s new focus.” • “The changes have been announced... — read more 

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| 2160 views | | 2 replies (last February 9, 2023)
Post ID: @OP+1l0Vujvp

Substance and Authenticity

These are 2 key qualities our leadership lacks. Parroting "we must act boldly and move with speed to compete and win" does not convey any actual meaning. Does anyone else feel this way reading corporate messaging?

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| 1400 views | | 3 replies (last February 3, 2023)
Post ID: @OP+1l0C9hiV

Reorganization is just a fancy word for layoffs

Yes, some other things are shuffled around as well but, mostly, it's just a good excuse to get rid of a bunch of people. If you are wondering if layoffs are coming, yes, they are. I've never heard of a reorganization that didn't come with major cuts... — read more 

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| 1930 views | | 4 replies (last February 3, 2023)
Post ID: @OP+1kZc3l9t

Have you thought about it carefully?

I've never heard so many people say that they'd like to be laid off from here. It's surprising to me. Are you sure you have thought about it carefully? I've been looking for a new job for a long time and I can't get a good offer, so I'm trying to... — read more 

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| 2020 views | | 4 replies (last January 25, 2023)
Post ID: @OP+1kQizqmV

The best people are leaving

Another colleague of mine who was an excellent employee left. Do you notice that more and more people are leaving?

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| 2370 views | | 5 replies (last February 24, 2023)
Post ID: @OP+1kyrWCmp

Medtronic Layoffs 2023

Do you think there may be small/medium/large Medtronic layoffs? Any chatter, news or rumors?

Expectations

What is the expectation with latest earnings and what other companies have been doing? Do we think there will be cuts? We have had a lot of key people leaving already for quite some time now and seen backfills not happening, so I'm not sure if we... — read more 

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| 2160 views | | 2 replies (last December 2, 2022)
Post ID: @OP+1jQGcUbY

My role has been significantly reduced

I went from having too much on my plate to having trouble finding things to do in the span of 12 months. I'm not sure if I should be grateful and enjoy it while I can or if I should worry that this was in preparation to get rid of me. I can't stop... — read more 

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| 2340 views | | 1 reply (October 28, 2022)
Post ID: @OP+1jjw15zp

Medtronic Layoffs Coming?

Reorg after reorg, poor sales and quality... What do you guys think? It's a fricken mess in my opinion.

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| 2590 views | | 3 replies (last November 7, 2022)
Post ID: @OP+1j4iGjFl

Stock cratering after layoffs

Stock has now blasted through its previous two year low and on way to erase all gains from last five years. Cutting staff while buying companies leads to having a lot of unrelated products you cannot sell, service, or support. Look for additional... — read more 

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| 2380 views | | 1 reply (September 23, 2022)
Post ID: @OP+1ivBmLic

Massive Process Team Layoff

June 8, 2022. Over 100 IT people in Clinical, Quality, and HR Teams removed, entire departments dissolved. These are the core business/tech experts in these fields. Expect a number of key systems related to Clinical Trials and Quality to crash in... — read more 

No, you're not safe

When will people learn that they're not safe from layoffs? If you look at the groups of people that have been laid off in the last few years you'll notice one thing, there's no rhyme or reason to it. The good, the bad, the old, the young, high... — read more 

Legacy Covidien layoffs

Someone said layoffs just happened in some or Medtronic's legacy Covidien businesses. Who was impacted?

April Layoffs?

I saw people mentioned on other threads on this board that there will be a bigger volume of layoffs in April, or a planet wave of layoffs that might affect a larger portion of the employees. ⅓ has passed and so far nothing has happened. Is this... — read more 

Is severance the same as pre-pandemic?

I'll be honest, I'm low-key hoping to be laid off when the incoming reorganization gets fully underway but I'm a bit worried about the severance package. Were any changes made during the pandemic like in some other companies or is it still the same?... — read more 

I think we're safe for a while

I might be naive, but I think we're safe from layoffs for a while. There have been extensive cuts in the past year, and anything more would just leave us heavily understaffed. I'm going to have faith in our leadership and accept that the previous... — read more 

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| 3090 views | | 2 replies (last January 25, 2022)
Post ID: @OP+1ewy0PTq

Is the restructuring over?

I know there were layoffs last week, but it doesn't seem like the numbers are high enough to be able to say with certainty that it's over. Do we have any idea how far we're into this restructuring? How many more layoffs can we expect before it's... — read more 

Is everyone preparing for the 'restructuring?'

Whether it happens this month, next month or next year, I hope people are ready for it. As soon as I learned of ‘restructuring’ plans I interpreted it to mean RIFs/layoffs. During the pandemic companies across ALL industries have been doing this... — read more 

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| 6020 views | | 7 replies (last February 9, 2021)
Post ID: @OP+18ewWcZY

Medtronic Layoffs 2021

Anyone would care to chime in with a prediction about potential Medtronic Layoffs 2021? Any news or rumors?

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| 4960 views | | 2 replies (last December 1, 2020)
Post ID: @OP+184zha7b

Star Tribune warns of "unspecified staff reductions"

"...Medtronic is undertaking a restructuring that will cut costs by $450 million to $475 million annually and include an unspecified number of job cuts. The medical device giant — based in Ireland but mainly run from Fridley — is adopting a “new... — read more 

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| 4460 views | | 1 reply (February 21, 2023)
Post ID: @OP+16Z4GP7O

Workforce Refuctions

Today they announced early retirement to persons 59 and a half or older. It's possible we might see voluntary layoff offers to follow. Then, the not-so-voluntary separations. Will see.

More info, please?

I work in Warsaw Indiana And we were told today there will be 10 people laid off by the end of the month.That’s in addition to the people that were laid off around Thanksgiving of 2019. Is this location-specific or will it be company-wide? I'd... — read more 

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| 2090 views | | no replies yet
Post ID: @OP+136DhxAv

Kangaroo Joey Bags

Our Facebook group has been trying to figure out why we can't get the Coviden Kangaroo Joey Bags from our suppliers. Nobody knows anything. When I discovered that Coviden had been bought and saw these layoff posts, I just wanted to say that I am... — read more 

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| 2040 views | | no replies yet
Post ID: @OP+126HyyMv

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