Thread regarding Medtronic Inc. layoffs

When will layoffs continue?

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| 2742 views | | 16 replies (last July 12, 2023) | Reply
Post ID: @OP+1nxhGKDE

16 replies (most recent on top)

@2jtg+1nxhGKDE Or, they could let go 50% of ExComm, get the same stock bump, AND have the added benefit of maybe having some competent people running the company

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Post ID: @2cxn+1nxhGKDE

IMHO the end game is get the stock over 100-110 $, they could let 50% of the FTE's go and then hire back as contractor to hit those numbers

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Post ID: @2jtg+1nxhGKDE

Where is there to cut? My department is already running on a skeleton crew.

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Post ID: @2zdq+1nxhGKDE

Medtronic manufacturing facility in Warsaw is shutting down!

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Post ID: @2yyh+1nxhGKDE

IT is in BIG trouble… and the new CIO is in deep sh*t. It’s going to be a horror movie.

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Post ID: @2rnt+1nxhGKDE

which GMs have resigned? Comms keeps that information very limited release. Too many VPS anyway so no loss to have some of then resign.

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Post ID: @2ccx+1nxhGKDE

I think you'll see a big amount of voluntary resignations in August/September. Medtronic will just decline to backfill....its free layoffs!

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Post ID: @2zbv+1nxhGKDE

Multiple GMs and VPs are resigning. This is not a good sign.

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Post ID: @1zyr+1nxhGKDE

heads down lady's an gentlemen , sh--s about to get hot again and I don't mean summer temps

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Post ID: @1upb+1nxhGKDE

soon now that MIP payout info is done.

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Post ID: @1kua+1nxhGKDE

In the morning you go in, hang around until 2pm, go home. None notices nor cares anymore. Office spaces are a ghost town Monday and Fridays. Business as usual.

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Post ID: @1bnh+1nxhGKDE

July is EMEA. Every time we ask our CIO, they reply with "we are constantly evaluating our resource model". Morale is at zero.

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Post ID: @1dns+1nxhGKDE

July is EMEA’s turn…

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Post ID: @yir+1nxhGKDE

We don't know. It's very secretive. Everytime I swipe my badge, it's like a game of russian roulette.

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Post ID: @rww+1nxhGKDE

Is July safe, at least?

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Post ID: @zsk+1nxhGKDE

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