Thread regarding Medtronic Inc. layoffs

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I think folks are confusing end of "garden leave and H1B visa" as a new RIF. This event has already happened. Do NOT let these rumors' impact your holidays. MDT will get back to annual April RIFs in 2027.

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Post ID: @h7+1m4aqab1v

Layoffs for the Munich office (RST) are still being negotiated, absolutely no insight on timing there.

We were told by Racenet that he is not aware of any further US RST layoffs (in his org) before the new FY. I actually believe this for the most part, I’ve been told the next big one will be in FY Q1 which more or less coincides with some project deadlines. Seems to all check out

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Post ID: @fn+1m4aqab1v

The layoff likely will be in phases. The goal is to have a smooth integration with cornerstone. So, after(or right before )each project milestones, there will be musical chairs. Good luck to all

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Post ID: @f9+1m4aqab1v

I heard it might be December when we have another small round of RIFs.

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Post ID: @ez+1m4aqab1v

Who knows anymore, maybe, maybe not, maybe April 2027, Welcome to MDT.

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Post ID: @es+1m4aqab1v

Honestly, haven’t heard anything since the mass layoff at Medical Surgical. Medtronic is pretty good at keeping things under wraps. Stock price continues to fall, meaning more layoffs, and jobs moved to India and Colombia.

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Post ID: @cc+1m4aqab1v

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