Thread regarding Medtronic Inc. layoffs

Any info from management?

If any of you are in management positions or close to management folks, could you please share any insights on the big picture of these layoffs? Are they likely to continue in the US? If so, what OU and functions will be likely impacted? Just tired of my manager not being transparent about this situation.

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| 4401 views | | 14 replies (last May 2, 2023) | Reply
Post ID: @OP+1mlsQvf0

14 replies (most recent on top)

I can confirm that sales / field is happening now

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Post ID: @5myt+1mlsQvf0

Sales RIF's starting tomorrow

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Post ID: @4qkq+1mlsQvf0

Total numbers won’t be available for I.s staff until we can start seeing the warm notices from each state.

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Post ID: @3lzd+1mlsQvf0

RIF SALES:
May 1st meeting with managers
Later that week meetings with employees.
Following week “meeting” requests taking place.
Source: outlook meetings. ;)

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Post ID: @2ssq+1mlsQvf0

I frankly don’t think most layers of management know much about the breadth or length of the cuts. It seems complete, outside of sales (which I’d expect will be pretty limited), for the time being at least.

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Post ID: @1tsm+1mlsQvf0

I have message for y’all; if you’ve survived so far - take your MIP, lounge around and if possible moonlight until next RIF.. Good luck people.

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Post ID: @1bhg+1mlsQvf0

Leadership is probably vacationing with family using the Corporate G650.

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Post ID: @1yht+1mlsQvf0

I'm in the same boat. Haven't heard anything from my boss, nor from our VP. How can they do this to their employees who work hard for them?

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Post ID: @1yij+1mlsQvf0

We have more communications VPs than Comcast yet not a single peep of information. Trust is gone. Time to take a stand and vote for change.

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Post ID: @1kym+1mlsQvf0

I feel sorry that you didn’t get any information from your manager.

I was not involved in the RIF planning. From what I heard directly from director who was making decisions, the planning was months in making.

For my business at CST, the US RIF is completely-except Sales.

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Post ID: @phn+1mlsQvf0

I think people will leave on their own once they received their MIP

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Post ID: @qck+1mlsQvf0

My personal opinion is the left the door open for more by saying it will continue for months. If we start off on the wrong foot, they can cut deeper with the caveat that "they told us it would last for months". I think our supply chain team as well as GM is on the hot seat. You can only buy so much time regarding backorders while having $5B (yes billion) worth of inventory.

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Post ID: @oye+1mlsQvf0

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