Thread regarding Medtronic Inc. layoffs

Has Medtronic totally lost its focus?

It used to be a company that was engineering focussed. Now it's like any other exGE CEO company. Focus on mergers and buybacks when capital is cheap instead of building the organization and making it efficient. Focus on EPS and what the street wants to hear robotics, ai chips, digital and throw pennies at the effort. Then when the going gets tough fire people and rinse and repeat and claim that it was really hard to do this. Instead of actually managing.
^
Pulled from +1jUJmKDq thread. I couldn't have said it better myself.

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| 1511 views | | 1 reply (February 15, 2023) | Reply
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I'll say yes. I work there and it is a total joke. My personal "Mission" is to not get fired despite being a white male.

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