Thread regarding Medtronic Inc. layoffs

Layoffs in October

What's going on with that?

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| 3051 views | | 21 replies (last October 18, 2023) | Reply
Post ID: @OP+1p1VJmKZ

21 replies (most recent on top)

Which parts of IT?

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Post ID: @8uog+1p1VJmKZ

Heard IT is impacted and it is slowly beginning

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Post ID: @8ald+1p1VJmKZ

Return to work is going into full swing. All diabetes wfh needs to return to office by end of January or they will be let go

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Post ID: @8aqg+1p1VJmKZ

How does layoffs right now even make sense? Engineers are getting stretched thin. How are they going to be able to hit the unrealistic deadlines now?

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Post ID: @8fqk+1p1VJmKZ

Diabetes is going to layoff work from home I'm hearing

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Post ID: @7ygs+1p1VJmKZ

People if you know of layoffs please post some details instead of vague bs like "hearing of some layoffs" like wtf is the benefit of that.

No need for identifiable info but anything around which businesses/impacted functions would be helpful for people to more proactively plan

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Post ID: @2iuo+1p1VJmKZ

Hopefully the board is cut 10/19

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Post ID: @2jho+1p1VJmKZ

And idea of which division(s) are going to see cuts?

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Post ID: @2wvf+1p1VJmKZ

Couldn’t make it thru 2 quarters before talk of layoffs, project holds/cancellations, and “reduced” MIP to start circling. Guess it’s time (again) for everyone to share their info anonymously, no way our “leaders” will tell us anything. If the last week is any indication of what’s to come, it’s going to be a long second half.

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Post ID: @2iex+1p1VJmKZ

Layoffs coming 10/19. Rumors swirling that it's very impactful.

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Post ID: @2rbp+1p1VJmKZ

Something must be brewing, stock @72 ... not a bright future coming so. RIF's have to be coming. IMHO

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Post ID: @1dlp+1p1VJmKZ

Great job Geoff.

Stock about to hit 10 year lows

How can he still be CEO at this point? Mind boggling

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Post ID: @1ywl+1p1VJmKZ

Regardlesss I’m sure Martha will use that as his new excuse. Earning were leaked.

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Post ID: @1cbb+1p1VJmKZ

I wonder if the war in Israel has anything to do with our tanking stock market. Mazor Robotics is located there.

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Post ID: @1lom+1p1VJmKZ

LOL we hittin 60s soon boys

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Post ID: @1czt+1p1VJmKZ

Bs

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Post ID: @1mvc+1p1VJmKZ

Yeah, hearing about more cuts. Stock is down in the gutters , shouldn’t be surprising

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Post ID: @1gjq+1p1VJmKZ

Did you not understand what I meant about engineering the extraordinary? It's about financial engineering; did you seriously think it was our products? I won't be around long enough to profit off that so why would I want to risk my bonus there? Did you not see how many deals I brought in to get a promotion, then get another promotion when I divested it because you all couldn't operate it appropriately?

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Post ID: @pai+1p1VJmKZ

Where are the RIFs happening?

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Post ID: @swc+1p1VJmKZ

Gotta get a jump on the midyear cull of the herd. That’s moving with speed and decisiveness!

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Post ID: @xhv+1p1VJmKZ

Nothing surprises me anymore with MDT.

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Post ID: @xxi+1p1VJmKZ

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