Thread regarding Medtronic Inc. layoffs

Talk about diversity and inclusion Medtronic Neurovascular laid off a whole bunch of Asians and kept their Caucasian management from MN in their position.

i hope all the ppl who doubted this didn’t get a meeting invite

The wait is ki-ling me. When will the last round of invitations be sent?

Can confirm that OP’s post is accurate. This is exactly how it’s playing out in my group.

A lot of work done by HR can be replaced by AI. The technology won't completely replace the human factor, but it can augment a lot of it. So, that means even HR will likely face an RIF in the near future due to AI - probably by the 2030s. I completed a project on the use of AI for the discovery of novel pharmaceutical dr-g designs. AI is being used in a lot of fields.

Looks like MIP will be inversely proportional to the number of layoffs. So hope for a bunch….as long as it’s not you!

Post from TheLayoff.com

Cardio?

I am hearing that Diabetes and surprisingly Surgical will get hit pretty hard. CST not so much and Cardio will be protected. Other divisions/OUs I don’t have as much visibility to.

Oh come on. You’re anonymous! No one will know you’re in breech of your NDA. SHARE SOMETHING!

I could add plenty but the non disclosure I signed prevents me from doing so. That said….it should be interesting this week!

Nothing is going to happen.

There is no grand rif scheme. Stop feeding the trolls and get back to work.

More speculative cr@p without any real information. All whispers and cloak and dagger. No one has any actual information.

I think that the managers were notified just then in the “playbook” meeting.

Most of the layoff decisions have been made at the VP/Director level. When will managers know who in their group will be let go?

I think anyone that says they just talked to HR is trolling us.

This site makes predictions like a doomsday cult. When one date passes, another one pops up and no one mentions the last one.

All these posts do is cause anxiety. Please provide concrete info or do not post. Remember there are a lot of people who really need the income, not the added stress that this time of year already brings. GLTA

This the same person saying clinical was getting hit on the 6th?

OP - anything more you can tell us so we know how accurate this is?

Most concrete information so far!

BS

Ou?

Which OU are you referencing?

…so you’re telling me there’s still a chance? Woohoo!