Topics regarding layoffs at Medtronic Inc.

Topics regarding layoffs at Medtronic Inc.

What is true about layoffs at Medtronic

Hello, so unfortunately I was laid off a few weeks ago and was told that I need to find another Medtronic role in 2 months unless I will be terminated completely. Has anyone successfully found a new role before two months? Is it true that the... — read more 

GM message for holidays

What is wrong with us where we can’t say merry Christmas Instead of saying happy holidays ? Why are we always on the wrong side of things? We back and pat ourselves on the back for supporting and inviting losers like Walz in the holiday program... — read more 

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| 2320 views | | 5 replies (last January 17, 2025)
Post ID: @OP+1w42YDX8

Work on your skills, people!

The job market is rough right now. It’s tough even for those with experience, education, and skills, and it’s worse for those who’ve let their abilities slip. If you want to find another job after getting laid off – and let’s be real, many of us will... — read more 

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| 1580 views | | 3 replies (last December 31, 2024)
Post ID: @OP+1w3DrCJg

Soon 70s

Happy holidays! Thank the board!

What is the future of Medtronic

Very concerned about constant cost cuts and how, no matter how much we cut, it’s not enough. We don’t pay suppliers on time, which I thought was due to our incompetence but now believe MDT is deliberately trying to hold onto cash; we don’t pay taxes... — read more 

MassDevice: Medtech Layoffs - Medtronic Disclosure

Below is an article where MassDevice sums up layoffs in Medtech. At a very basic level, ask yourself why is Medtronic the only company not to disclose layoff numbers? Why are other large med tech companies like Edwards, BD and Bard comfortable... — read more 

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| 3040 views | | 9 replies (last December 19, 2024)
Post ID: @OP+1vWTInlZ

A Christmas Carol

Greetings all. During this holiday season, I elected to read Charles Di-kens' A Christmas Carol, having been loosely familiar with the story, but had never read the original. Here's a summary of the first four staves. In stave 1, we’re introduced to... — read more 

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| 1080 views | | 2 replies (last December 12, 2024)
Post ID: @OP+1vWE1YvC

Are we likely safe until spring?

I decided to leave, and need more time to find another job. It would be great if they leave us in relative peace until at least Feb and March. I just can’t be a part of this company anymore. I used to like my job, but the way we are all being... — read more 

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| 2111 views | | 8 replies (last December 31, 2024)
Post ID: @OP+1vWhNZRJ

More cuts this month

I haven't been here long enough to know if Medtronic does layoffs close to holidays. Should I be worried?

Time to move on

The pay’s not worth it, I'm constantly under a magnifying glass, and people are always coming and going. It feels like there’s no chance to climb the ladder, no matter how hard I try. We’re not treated like people, just cogs in the machine. I know... — read more 

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| 1690 views | | 6 replies (last December 16, 2024)
Post ID: @OP+1vP9jdhS

What is the severance package?

Can anyone please share the high level severance package information? How many weeks of pay for each year of service? Wondering how long I will have to find a new job.

Omar's CEO Picks

Omar's CEO Pick #2 (Intel's Gelsinger, when Omar was Intel CBOD) = fired It is time now to fire CEO Pick #1

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| 480 views | | no replies yet
Post ID: @OP+1vNhVQhY

Tone deaf Geoff deepens low morale

So his answer to rampant burn out is to just embrace the stress. Great reminder that this company holds zero value for any of us. You actually do matter. Do not stroke out for this place.

So Long EMEA

Looks like a few 100 were lost in EMEA this week. When will Geoff die on the stake?

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| 1120 views | | 3 replies (last November 19, 2024)
Post ID: @OP+1vzKJCmD

Farewell, going to a direct competitor

I'm an individual contributor and I've been with the company for 11 years with sh---y pay. Nearly every year my manager tells me that I'm being underpaid but there's nothing he can do about it due to the company performing poorly (meanwhile GM gets a... — read more 

Medtronic Layoffs 2025

Have you heard anything about potential Medtronic layoffs? Any chatter, news or rumors?

We don't need layoffs

Few people still want to work here. Talent is walking out the door faster than ever. Even the new, young hires quickly realize they made a mistake when they joined Medtronic and don’t hesitate to find somewhere that appreciates their skills and... — read more 

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| 1050 views | | 4 replies (last November 8, 2024)
Post ID: @OP+1vmLds3t

Geoff Martha's (and Excom) performance update

It has been 5 years since this group took over the company (GM became President and effectively took over Nov 1 2019), so let us take stock of performance: MDT: -17% ABT: +42% IHI ETF: +43% (Med device ETF) SYK: +74% BSX: +106% to date A whopping... — read more 

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| 1500 views | | 7 replies (last January 7, 2025)
Post ID: @OP+1vl2sHeu

A new paradigm in electrophysiology: Medtronic receives FDA approval of Affera™ Mapping and Ablation System and Sphere-9™ Catheter

Congrats all! Stock on it way to $100🚀 The system is an all-in-one, high-density mapping and pulsed field and radiofrequency ablation catheter for treatment of persistent atrial fibrillation, or AFib, and for radiofrequency ablation of cavotricuspid... — read more 

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| 1410 views | | 7 replies (last October 31, 2024)
Post ID: @OP+1vaEX16H

Medtronic is struggling with a severe talent crisis

We have a deficit of people who can effectively combine technical knowledge and business savvy while delivering results. So why on earth does management keep laying off the few of them this company has? This move is not just puzzling but downright... — read more 

Some of us are severely underpaid

I recently got a new job and quickly realized how much I had been underpaid at Medtronic. The position I accepted offers $18k more annually for doing similar work. It was a bit shocking to discover the pay difference, but I’m glad I made the move... — read more 

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| 1290 views | | 6 replies (last October 12, 2024)
Post ID: @OP+1uSpVXRP

GM Posing for NYSE

Anyone see the pics of Geoff flaunting the gavel on the New York Stock Exchange floor? Thank the board for their great PR on creating value for shareholders!

Major changes in Structural Heart

SH is having a significant overturn of leadership which is splendid news considering the horrible decisions that have plagued the OU. There are still a few leaders that should be shown the door but signs point to on-going changes. The timing is... — read more 

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| 1230 views | | 3 replies (last October 8, 2024)
Post ID: @OP+1uLnGavB

Hiring Freeze 2024?

Applied for several jobs and even had screening interviews. Now nothing. Then I heard contractors laid off Have then already frozen hiring for FY25 in Minnesota?

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