Martha is playing with Medtronic’s core businesses that have paid the light bill for decades.
I believe he is turning MDT into a venture capital fund, selling off BUs because they don’t meet his +50% groth rate just to use the fresh capital for M&A of long shot small start ups that will require intense capital to get them off the ground.
Wouldn’t be surprised if he dipped into the pension fund.
@OP they already railed back the pension a couple times. Martha isn’t making these decisions on his own-that’s the problem! It’s a whole team in EXCOMM that needs to go.
@g3 BINGO1
@gk we did this over a year + ago. Still get issues re: disputes for orders. Absolute nightmare
Cut the cord on Mozarc or what? Any clues?
GE Playbook on testosterone replacement therapy with Elliot’s hands tugging on Geoff’s little ba--s to break up the company.
@cs because every now and then there is a measured take on work that is useful.
Having said that, looks like I was wrong. It’s going to be more interesting than I expected.
@b8 stop teasing me with such talk of breakups. You get my hopes up.
Cardiac Surgery and Aortic, Patient Monitoring and likely Endo-GI will be spun out.
@ch why do you visit this site if you don’t believe anything on it?
Ostrich alert!
People blow things out of proportions.
The hysteria about vendors/contractors getting cut. Massive!!!! Yeah right. Some I’m sure some will be cut, but not enough to drive a recontract of any program.
Yes, there will likely be org changes in May, but I highly doubt it’ll be one anyone remembers by Thanksgiving.
The world’s not ending. The accounting books are getting balanced. Better now than in 6months when the economy hits the fan.
@b8 Doubtful
Wait for the breakup announcement the week of May 4th. Big news incoming.