Thread regarding Medtronic Inc. layoffs

Severance?

For those impacted, what was the severance package offered?

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| 2783 views | | 6 replies (last April 19, 2023) | Reply
Post ID: @OP+1mdT22BJ

6 replies (most recent on top)

I am affected, was given 60 day notice period with continued pay, and 2 weeks severance for every year employed paid out after. You get MIP for FY23 and pro rata MIP for FY24.

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Post ID: @kae+1mdT22BJ

No one has actually confirmed that this RIFF’s severance is what it has been in the past. Would be good to know for sure.

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Post ID: @lau+1mdT22BJ

@hfd+1mdT22BJ Who hurt you that you decided to take the time to respond? I'm guessing you were laid off and, in this case, I support it.

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Post ID: @uur+1mdT22BJ

Severance Payment
https://www.thelayoff.com/t/1mcXlnbq
@OP+1mcXlnbq

How does severance work?
https://www.thelayoff.com/t/1lALtykO
@OP+1lALtykO

Negotiating Severance
https://www.thelayoff.com/t/1m4Uf5pO
@OP+1m4Uf5pO

Is severance the same as pre-pandemic?
https://www.thelayoff.com/t/1frmOpHQ
@OP+1frmOpHQ

What happens with severance package?
https://www.thelayoff.com/t/1mckC5VY
@OP+1mckC5VY

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Post ID: @xzv+1mdT22BJ

Here are threads that have discussed severance before:

google.com/search?q=Severance+at+Medtronic+site:thelayoff.com

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Post ID: @qfi+1mdT22BJ

read through this board stop asking the same question over and over again. it's a standard package

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Post ID: @hfd+1mdT22BJ

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