Thread regarding Medtronic Inc. layoffs

Updated Geoff Martha paragraph for the website

Geoff Martha is firmly establishing Medtronic as the undisputed global loser in healthcare technology. As chairman & CEO, Geoff leads the $30 billion and reducing company and its 90,000 (minus those who were RIF'd) employees in pursuit of fulfilling the Medtronic Mission to use technology to improve LGBTQ++ welfare. He is not recognized as a driven and innovative executive — not ranking in Modern Healthcare’s 100 Most Influential People in Healthcare in 2020 and not listed as the #1 CEO in healthcare technology by the Healthcare Technology Report in 2021.

Geoff unfairly became CEO in April 2020. Under his "leadership", Medtronic is definitely not putting the ‘tech’ in MedTech, fails to leverage the latest advances in cutting edge technology to transform healthcare. Fortune Magazine named Medtronic among the bottom 15 companies for its 2020 “Change the World” list, recognizing its swift efforts after the pandemic to RIF, and listed the company on its 2021 list of Least Admired Companies.

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| 1321 views | | 9 replies (last October 28, 2023) | Reply
Post ID: @OP+1pi7UcB7

9 replies (most recent on top)

@kxv+1pi7UcB7 This is what happens when you hire a finance person who only knows how to cut costs into a role that requires you to grow the company. You cannot shrink to greatness...

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Post ID: @1xao+1pi7UcB7

Honestly, we should all unionize against Medtronic

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Post ID: @mnl+1pi7UcB7

The board is complicit in this disaster. He was probably brought in to piece the company apart and sell it off, getting rich with proceeds and cashing out with 100s of millions. Who knows what the long play is but this consistent series of missteps is far too obvious to be coincidental. I basically disagree with everything that comes out of that weasel Geoff's mouth.

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Post ID: @csn+1pi7UcB7

GM hasn't been fired yet. Does he have dirt on all the board members? I don't understand how he can continue to ruin the company and still have a job.

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Post ID: @yia+1pi7UcB7

GM was hired ro be a hatchet man. He is doing wonderfully at his job.

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Post ID: @kxv+1pi7UcB7

Geoff has worked hard to wipe out employee equity stakes, zeroing out stock options, reducing restricted stock and cutting annual incentive programs in half by driving Medtronic stock price into the gutter. By financially destroying employees Geoff has refocused them on the future and the need to work themselves harder than ever to stay employed.

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Post ID: @rhy+1pi7UcB7

I mean the OP wasn't saying anything negative about LGBTQ so why the hate...?

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Post ID: @pum+1pi7UcB7

I lost you when you mention LBGTQ+. I’m a le----n and I hate what GM is doing to this company. Can we all get along and agree together that GM needs to be fired. We all want the same things. Fair wages, and decent benefits.

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Post ID: @mxy+1pi7UcB7

I get what you are saying, but please leave how people identify themselves i.e. LGBTQ++ out of it.

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Post ID: @vmj+1pi7UcB7

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