Is anyone else getting a case of the “Mondays” on Sundays lately? The past few weeks have been unusually odd and I’m tired of weekly surprises.

When you tear an organization apart, this is the kind of chaos that ensues!

Does anyone now what is being offered for severance now? Recently heard that’s now one week per year of service and that people are on the books for one month.

When the layoffs across the enterprise will happen. Sounds like no set numbers across the OUs, except that everyone has to participate to some extent and all contractors and consultants will be affected barring ex-com approval. The extent of... — read more 

Is he a new GE style leader who will just accelerate the cost-cutting and give GM someone to blame for his own failures?

What’s up with all the new hires at neuro? How can the company be performing poorly yet still be hiring new engineers? Feels like they are cutting engineers with experience and replacing them with cheaper ones.

Are we over employed at this point when projects are cut down?

The tariffs do affect our earnings as supplies get a lot more expensive

It’s happening. Should be announced soon just in time for summer.

Had 2 earlier in the month, wondering if more will be coming in March/April… I have a feeling our LINQ excursions will come back to bite us.

After years of staying put, the situation got so bad it finally pushed me to move on. I don’t make changes lightly, but this was beyond tolerable. Now, I’m heading toward better pay, stronger benefits, and a workplace that actually values its people... — read more 

Interesting news…

Does this mean DEI is working?

After the earnings and stock drop today layoffs are guaranteed to come in April. There really is no choice. I personally think it will be a blood bath, probably 5% minimum but maybe 10 %.

All efforts in vain… What a foolish thing to try. It’s time to coast and collect the paycheck like everyone else

Any rumors of RIF in Endo before year end?

This was a total waste of money that could have been put towards increasing the pay of employees. This new build is losing thousands due to the different and various ways Medtronic operates compared to how CEVA operates. So much of the wrong product... — read more 

Meta laid off 5% off of its workforce because the employees were "underperforming." Meta is using this tactic to avoid paying severance to those employees. Many of those employees had achieved and exceeded performance reviews. It is only a matter of... — read more 

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Large companies like Google are dropping their DEI initiatives. How long do you think Medtronic will stop supporting ERGs?

Look at stock performance since GM took over. All time high shortly after he became CEO based on what was in the pipeline, then a four year free fall with no recovery in sight. While the overall equity markets have gained mightily over the past... — read more 

All the best to all. Given our footprint in TJ. Layoffs will accelerate

Is the current RIF goal to have everyone in US off headcount by end of the fiscal year? This would mean all notifications would happen before the end of February.

Has anyone heard anything?

Work has been a total nightmare lately. In addition to the usual - office politics and cr-ppy management that loves to bully its employees - I cannot remember it ever being this bad regarding layoff rumors. There is not a day when I am not worried... — read more 

Many OUs have millions in over spending, again. Q4 is tough. As usual hiring-traveling freeze is coming. This is an annual thing, nothing new for MDT though.

Is anyone else’s group being asked to track their time? We are being asked to track what we do, in detail, everyday for two weeks. Everyone, regardless of position, is required to do this. We have never been asked to do this before. Somehow, I don’t... — read more 

Lots of HR people online/in a call this saturday morning, what’s up

Did Medtronic buy this site - thelayoff.com ? I keep noticing that most of the honest & sincere posting getting deleted all the time. It has a o be an inside job.

What if we just got rid of a few? I bet no one would even blink or care if they were cut. It’s not like they’re adding much anyway. Maybe the place would run smoother without all the extra hands waving around, trying to micromanage everything. We'd... — read more 

... and it's a former GE guy. This forum is going to love this LOL

Any chance MDT may split into multiple independent businesses.

My management did me wrong and treated me awful at the end. Was having a good year so trust me, it was not performance. Now I wait for schadenfreude.

Or are there any rumors to the contrary?

Anyone hear anything new about upcoming cuts to corporate functions? Or are they just sticking with hiring freezes?

Any insights or predictions on whether they’ll offer a package this coming year?

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