Thread regarding Medtronic Inc. layoffs

Any indications on what's going to be hit today?

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| 2001 views | | 5 replies (last April 20, 2023) | Reply
Post ID: @OP+1meSbixL

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No idea what's going on today. As usual, we're all kept in the dark.

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Post ID: @kmb+1meSbixL

My gut tells me the vast majority of domestic RIF happens this week with the OUS cuts stretching out longer due to varying factors.

Hopefully upper level management has the decency to announce they’ve ended for their respective employees. No one can work effectively like this.

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Post ID: @cvg+1meSbixL

It’s definitely still going on.

I’d imagine the overwhelming majority of US-based non-sales cuts are done by end of day today. They’ll bleed sales for all they can to finish the FY then make their cuts there.

But Geoff’s “weeks and months” language, while likely due to OUS regulations, also gives them cover to cut more later if needed

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Post ID: @sce+1meSbixL

Seems to be pretty quiet so far... Anyone harding anything?

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Post ID: @rzk+1meSbixL

Nobody knows.

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Post ID: @usd+1meSbixL

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