Thread regarding Medtronic Inc. layoffs

Anyone else feel like FY25 will be FY23 all over again?

Flat costs on another year ... At some point people are just going to start running towards the door. LinkedIn job postings already have within rounding of zero applicants in my function. How long is this legitimately sustainable, and what talent sticks around for it?

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| 2052 views | | 14 replies (last March 2, 2024) | Reply
Post ID: @OP+1rbLzFYY

14 replies (most recent on top)

If Swinnea gets closed down, Medtronic won't be able to send product to the field.

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Post ID: @agju+1rbLzFYY

I'm hoping the cuts start soon and unexpectedly. The Swinnea campus is a zoo and Project Sonoma is tu-d show. They didn't think that whole situation out at all. Many medtronic employees were forced to become Ceva employees, no one is being trained properly, and Ceva employees are pretty much working 7days and medtronic is working 10-12 hrs daily and are constantly being asked to volunteer more time and weekends.

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Post ID: @agoy+1rbLzFYY

Nobody wants to buy the divisions, lol PM and RI sat for 2 years and the deal fell through. They will end up like GE splitting into 3 companies, cutting their way to "greatness."

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Post ID: @3pen+1rbLzFYY

We are all sc--wed. Medtronic is going to shut down divisions or break them up and sell them in pieces.

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Post ID: @2gxw+1rbLzFYY

mostly likely run into 2026 year, we are so sc--wed folks

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Post ID: @2mqq+1rbLzFYY

Pivot 2.0 lol

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Post ID: @2qcb+1rbLzFYY

What's the project code name for cuts this year?

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Post ID: @2eda+1rbLzFYY

@2pzs+1rbLzFYY Buddy of mine was told 1 week, another said none, but all said worse than last year.

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Post ID: @2hlm+1rbLzFYY

Anyone know what the separation package will be? Two weeks of pay for each year of service?

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Post ID: @2pzs+1rbLzFYY

The next two months will be worse cuts than ever.

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Post ID: @1vuo+1rbLzFYY

Yup, they’re firing hella people, I got fired along with 9 others at Medtronic, and that’s that we were agency contractors, not even companies employees, so we’re cheaper

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Post ID: @1bpa+1rbLzFYY

Ride it out until those rate cuts go down

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Post ID: @1qmh+1rbLzFYY

People aren't running towards the door. They will be RIF

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Post ID: @1qsu+1rbLzFYY

Folks who would have left have left. The rest are riding this out.

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Post ID: @1crd+1rbLzFYY

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