Thread regarding Medtronic Inc. layoffs

Is there another round of RIF right now?

Saw a couple posts on LinkedIn stating while their time at MDT ended they feel grateful. One had >20 years and the other <5.


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Post ID: @OP+1m6223r8r

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Yea I got riffed and rehired under a different role for the same pay in the same department. Needless to say I got a raise, a nice from office and more responsibility than my original manager role, at an external place. Couldn't be happier. At least here managers work together for the good of the company versus their appearance and self promotion. Good luck to ya'll fighting the anxiety of another riff every few months!

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Post ID: @10v+1m6223r8r

A lot of dead wood to trim across the org, including CEO, board, and ExCom.

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Post ID: @10r+1m6223r8r

@p7

Makes sense. This is a reflection of leadership from the top.

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Post ID: @v7+1m6223r8r

A friend of mine who usually in knows these things in advance said there will likely be rounds of layoffs in November/December and again in April/May.

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Post ID: @p7+1m6223r8r

Saw another LinkedIn post on being impacted: a GOSC Sr Director.

Seems to me that GOSC is such an unstable ground. Restructuring constantly.

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Post ID: @my+1m6223r8r

At this point it’s easier to ask if we are in the clear and there are NO layoffs coming/in progress.

The answer being a simple No - because every season is layoff season around here.

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Post ID: @jt+1m6223r8r

Does anyone think they're holding them until next week because it will be Q3?

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Post ID: @jb+1m6223r8r

Yes there are RIFs in progress. I know of quite a few being "processed" for disposal. I don't want to give details of numbers and locations out of fear of discovery. It is also going to continue until December. They are desperately trying to prevent fear spreading to those they want to retain.

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Post ID: @gw+1m6223r8r

I'm already doing the job of 3 people. Can't wait to get more work after the RIF

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Post ID: @ax+1m6223r8r

Nah, everyone likely got a different end date, Contractors/Temps maybe 10/31, FTEs 12/31, VISA holder I read here only until their projects are complete. Best of lucks to all impacted.

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Post ID: @a8+1m6223r8r

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