Thread regarding Medtronic Inc. layoffs

Think twice before you jump

I learned the hard way that leaving wasn't the solution I thought it would be. I ended up in the same mess but without the seniority I'd built up. Make sure you truly know what you're leaving for before you jump ship, is all I'm saying.


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| 29 views | | 13 replies (last 7 days ago) | Reply
Post ID: @OP+1kxgrd4e9

13 replies (most recent on top)

@bb you must be really nice to work with

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Post ID: @m7+1kxgrd4e9

@c2 do it you coward

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Post ID: @g6+1kxgrd4e9

@c2 okay, go ahead and post

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Post ID: @g4+1kxgrd4e9

@ea absolute facts. The only people who stay are the ones who have their heads buried in Geoff’s behind.

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Post ID: @fn+1kxgrd4e9

Many of these post are about pain caused by the typical process of a maturing company. The growth phase is over and in the dividend phase. That's why in part there have been years of rif and outsourcing. Go where the growth is. Plus limits of physics have been reached.

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Post ID: @en+1kxgrd4e9

I jumped to our competitor and couldn’t be more happier. 40% pay increase. Unlimited PTO and RSUs for a stock which is not down in the drains last 10 years

Ask yourself why every person below GM has left the company past 2 years? Bcoz no one trusts him or his leadership

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Post ID: @ea+1kxgrd4e9

I left and I’m happier than ever. This garbage company with people sitting on their fat assess is the reason why Elliott showed up. I’m even willing to go as far as positing a list of every employee at Medtronic by first and last name who should be fired and then the ship will sail again

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Post ID: @c2+1kxgrd4e9

We were the lucky ones in 2011 and i couldn't wait to get out of Siberian winters. I was out of MN in 3 days and housing in the bay area was discounted 50% ! I didn't jump ship but thank God I ended up in NVDA. Medical device hypergrowth of 90s is long gone and the stock chart past 25 years is shamefully underwhelming deserving of a performance matrix. Get into a high growth spot if you can. It was once great but that is over. Its nice to visit. I didn't think twice.

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Post ID: @bq+1kxgrd4e9

The thing with MDT before was that it was so good and so cushy that it has bred a lot of entitlement, especially amongst the deadweights in MN who expect to sit on their 4sses for 30 years and do the same thing with no changes or additional responsibility until they day they retire. The kind that want to do the exact same job and keep getting pay rises until they're priced at managerial levels, while wanting Junior Analyst level work.These people are parasites and are like leeches su-king the lifeblood out of a company that desperately needs to innovate.

GM is still a p1ece of sh1t and has run this company into the ground, but these people are also a problem. The very few of them that leave realize that few other companies will accept you sitting on your fat 4-snack-break-per-meeting 4sses and refusing to evolve until you retire. #entitlement

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Post ID: @bb+1kxgrd4e9

I know a few people who jumped or pushed to MDT Management and found out that move was the biggest mistake they ever made.

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Post ID: @b4+1kxgrd4e9

@OP I do appreciate the sage advice. I’d like to hear more because from my experience, the benefits of jumping far outweigh any downside. Jumping to a new job (either to another company or within MDT) has benefits: pay increase, chance to reinvent yourself, being the new guy for at least 10 months, expanding networks, having chance of a better environment. As for seniority, that’s really not a thing here. Many colleagues will out-promote you. It’s just a secret right now. Go ahead, check the titles of 10 colleagues; guarantee at least 2 have gotten promotion.

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Post ID: @ah+1kxgrd4e9

Oh really I left and things got way better. My stress is better and ironically my health improved.

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Post ID: @ac+1kxgrd4e9

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