Thread regarding Medtronic Inc. layoffs

Are RIFS going to happen mid-year in FY25?

My department is seeing indicators that there will most likely be some RIFs. Does anyone know if a round of RIFs will occur before the end of FY25?

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| 3101 views | | 14 replies (last October 31, 2024) | Reply
Post ID: @OP+1v0r277W

14 replies (most recent on top)

Any ideas which OUs will be most impacted?

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Post ID: @gsth+1v0r277W

I mean we are just doing paper work here. No real innovation. Why not lay us off?

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Post ID: @ekwd+1v0r277W

You Know what they say, You get
What you pay for.

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Post ID: @dsma+1v0r277W

Geoff and his buddies want to get rid of people with the higher salaries and replace them with new employees willing to work for lower wages. It’s the great salary reset.

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Post ID: @cbfh+1v0r277W

Looks like there will be mid year layoffs. As a director myself, I was told to mark my sacrificial lambs today.

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Post ID: @bxwq+1v0r277W

With Geoff and co, you guarantee they will. They will lay people off to cover up the fact that they are clueless.

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Post ID: @7mjl+1v0r277W

There are layoffs every single year and even every month. Most of them you don't notice. There is literally a group in Employee Relations that dedicates their whole work to layoffs... they have a stupid name to do with 'transformation' or some sh-t. I could give you some names, or you could just look through the org charts.

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Post ID: @3slj+1v0r277W

Welcome to the new Medtronic. Geoff and the gang are putting the final nails in the old company that Bakken started and was built on shoulders of many talented, dedicated, hard working employees over the years. Then came along bloodsucking, money grabbing CEO's staring with Art Collins...

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Post ID: @2xcr+1v0r277W

I'm hoping ERP is sent to 59+ employees this Fall ...IMHO

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Post ID: @1blk+1v0r277W

I was told of 7 individuals so far from internal CRO ( CCQC, MCRI , MCRS, whatever that group is called) positrons

I’m so sorry. Your work is needed but not appreciated.

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Post ID: @1snr+1v0r277W

Before. Hence the quarterly reviews with your manager.

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Post ID: @vrf+1v0r277W

Just had a meeting where it was announced layoffs are currently being made in our group

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Post ID: @fhx+1v0r277W

I hope it's voluntary, I hate working here

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Post ID: @awj+1v0r277W

What are the indicators you are seeing? I am seeing none myself.

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Post ID: @oqi+1v0r277W

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