We have missed the savings targets and ROE targets. More RIFs incoming January.
The beatings will continue until morale improves.
Send us your dead!
10 replies (most recent on top)
We still need the R&D department here to check the engineering designs from India.
R&D is going to Hyberbad India anyways.
Looks like we have some Medtronic engineering hacks here downvoting comments. Don't take it too personal guys, we already know our R&D su-ks and it's not your fault. It was that way before you came here and will remain that way after you leave.
I feel bad for the fresh graduates who are starting their careers here at Medtronic.
To add to the list, even the engineers that have stuck around are the id--ts of the bunch. What innovation has Medtronic actually managed to bring to market? Everything is just acquisition. There are no talented engineering minds around any longer and the mo--ns who are left can't even manage to get existing products, line extensions and simple iterations right.
Except the reality is factual.
1- Stock lowest since 2014
2- Missed revenues
3- Failed PM&RI divestiture
4- Terrible, atrocious leadership
5- Not many engineers/clinicians just d-mb marketers in mid level mgmt…
I mean the list goes on. Just a bunch of brown nosers who will flee when the boat gets rocky.
Yeah the stock is down to 71.9 because the earnings will be good Q2, good point @xde+1pfUcUmT
Fake news. Medtronic earning will be good next month. Every competitor of ours is beating and raising earnings expectations this quarter.
Tbh we have had layoffs every year since 2016, that’s nothing new.
I believe it. We’re not releasing any innovative products. We are having quality control issues and teams are understaffed. Will Medtronic have enough money to pay the severances?
Unless you can back up these claims with facts please stop it. All these posts do is cause anxiety.
I predict promotions all around=see how easy it is to make “predictions “.