Thread regarding Medtronic Inc. layoffs

61 replies (most recent on top)

@ty well that explains why all the managers at my site are so paranoid lately.

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Post ID: @vq+1kfxhwwne

10-15% wouldn’t surprise me, but that wouldn’t rock the boat. You can get that through attrition for most groups.

A mid layer management cut is more of what I’m expecting, but no dice yet.

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Post ID: @vb+1kfxhwwne

Reorganize or "musical chairs" incoming bet its already happening at the manager level.

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Post ID: @ty+1kfxhwwne

I’ve heard a wave of management cuts are coming and probably a lot of reorganization along with it.

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Post ID: @se+1kfxhwwne

@rn source?

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Post ID: @sd+1kfxhwwne

@rn have to keep the shareholders happy somehow!

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Post ID: @s1+1kfxhwwne

Target is 10-15% head count reductions across all OUs. Buckle up!

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Post ID: @rn+1kfxhwwne

@kp
What will happen if they are not a decent human?

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Post ID: @mz+1kfxhwwne

@fd You can ask your boss to add your name to the list if possible. If they have to give names, and they are a decent human, they would do it.

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Post ID: @kp+1kfxhwwne

RIFs are coming. The number of people impacted is still unclear until we get Q3 numbers.

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Post ID: @jr+1kfxhwwne

Surgical Robotics released the HUGO, maybe MDT can find a bunch of non needed folks to fatten the Cash Flow. IDK I have no real information tho

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Post ID: @fm+1kfxhwwne

How does one get laid off? Can I just ask my boss to lay me off? What if our group isn't slated for layoffs, can she request one anyway? Also, how could I put a bug in her ear without sacrificing future chances at raises and promotions?

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Post ID: @fd+1kfxhwwne

@eh The FGB midlevel call center, where desks go to be unoccupied.

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Post ID: @f9+1kfxhwwne

@eh
SR = Santa Rosa
SR = Surgical Robotics

Acronyms at Medtronic are confusing.

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Post ID: @ez+1kfxhwwne

Santa Rosa site is slowly becaming a ghost town.

Whole floors are empty with barely 20 people occupying it

I would be surprised if they keep this campus in the coming years

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Post ID: @eh+1kfxhwwne

Right now they are not backfillimg in many SR roles. Layoffs will probably hinge on how much attrition there is between now and the end of the fiscal year. Mass layoffs are not likely in SR, though.

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Post ID: @ef+1kfxhwwne

Wait until March before we have a better idea.

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Post ID: @bv+1kfxhwwne

Yea, they’re coming up. I was in a meeting, we were talking about you specifically on how little work you do and tracking your time online at work. Not looking good.

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Post ID: @bt+1kfxhwwne

No news is good news.

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Post ID: @b8+1kfxhwwne

Same as Friday ... Nadda nothing no news. LMFAO.

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Post ID: @b2+1kfxhwwne

No impact on the cards. Could always change.

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Post ID: @at+1kfxhwwne

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