It’s convenient to blame leadership but the truth is Medtronic is broken from top to bottom. From bad forecasting, terrible pricing practices, arrogant sales people, broken R&D pipelines, unprecedented quality issues…everyone owns the anemic growth numbers the company has been delivering. Look in the mirror before you criticize others. The company is getting rid of underperforming employees to try to get back on track!
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@1eog+1sr8xA1S Good to know you take zero responsibility for the terrible business results. Accountability level: 0
If Medtronic were just getting rid of underperforming nitwits, OP would have been gone. Takes the time to “Troll” these boards during working hours…case in point.
@sbt+1sr8xA1S Lol you don’t have any idea what corporate speak means do you?
The company isn’t getting rid of underperforming employees you nitwit. People are being laid off, not fired.
Troll? The truth is hard for some of you. When you LOSE in life bad things happen. Medtronic is losing. Take the L!
Geoff and Karen talking time out of their busy day to troll this website.
@puz+1sr8xA1S Apparently the data shows Indian employees are a better investment than the U.S. ones for certain functions. Don’t like it? Outperform them - you should because you cost 4x as much.
@ihc+1sr8xA1S BINGO! 25% of the employees are old and already semi-retired and 65% of the rest are lazy. I guarantee if the company could just restart from scratch and re-hire all the positions it would. People don’t give a sh-t anymore, yet are happy to cash 6 figure checks.
Yes blame us the for poor quality. How is outsourcing R&D and quality positions to Hyderabad going to help with that?
Agreed. There are so many freeloaders in this company who need to take 2 weeks to review one document.
When you point a finger at others, 3 are pointed towards you.
OP is not wrong. Ask yourself this - has your division performed better or worse than it did 3-5 years ago? Are your coworkers as committed to the company and its success? Are the best and brightest being promoted or does DEI rule the roost?
The people I know that were let go this go around were not underperformers. Same for those caught up in last year's layoffs, as well. It is too easy, and lazy, to blame the workers when the problem is a short-sighted strategic direction of playing to stockholders, artificially inflating the stock price, and valuing high dividends over reinvesting back into the company. That is the message broadcast from the C-Suite consistently for the past two years. Don't blame the workers for this mess.
Lol OK Geoff