Thread regarding Medtronic Inc. layoffs

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 finally over?

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| 5872 views | | 3 replies (last May 13, 2021) | Reply
Post ID: @OP+19dOAdA3

3 replies (most recent on top)

They laid off over 300 yesterday May 12.

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Post ID: @1Csme+19dOAdA3

The big layoffs and manufacturing closures have been announced. But the smaller layoffs due to restructuring will continue at least through July.

Business performance will dictate layoffs beyond that.

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Post ID: @egxn+19dOAdA3

I don't think layoy are going to end anytime soon. New fiscal year begins in May and you can expect more than as well.

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Post ID: @ceyc+19dOAdA3

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