Thread regarding Medtronic Inc. layoffs

Surgical Innovation & Surgical Robotics Merger - Leading to Large RIF?

Starting to wonder if there is going to be a big impact for Surgical Innovations and Surgical Robotics due to the future? Maybe that merger was a baby step in the more strategic RIF? Have not heard much, was thinking when the SI restructure happened that RIF would take place then. But maybe that was just setting up this week?

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| 2741 views | | 6 replies (last April 27, 2023) | Reply
Post ID: @OP+1mcaJQ6y

6 replies (most recent on top)

SR/SI announcements are coming after the end of the FY. It’s part of the strategic redesign.

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Post ID: @9lae+1mcaJQ6y

Plymouth site is being gutted.

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Post ID: @1rhp+1mcaJQ6y

There was an email directly to Surgical OU after Geoff Martha's announcement saying how "February's announcement of the new OU will result in some workforce reduction due to redundant positions" (paraphrased) so yeah seems like it will happen, although it is supposed to come in the "coming months". Maybe they're waiting until after the merger is official to do most of the reduction?

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Post ID: @bap+1mcaJQ6y

Some updates posted in 04/18 master thread

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Post ID: @mkb+1mcaJQ6y

ILS Plymouth hit hard today.

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Post ID: @swb+1mcaJQ6y

Our director in Surgical Robotics initially thought the impacts would be minimal, but has recently been very tight-lipped about the details. Which seems to suggest that his initial surmising was inaccurate. The only tidbit of information that he has communicated is that our department will announce more details sometime next week.

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Post ID: @ikv+1mcaJQ6y

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