Thread regarding Medtronic Inc. layoffs

I think we're safe for a while

I might be naive, but I think we're safe from layoffs for a while. There have been extensive cuts in the past year, and anything more would just leave us heavily understaffed. I'm going to have faith in our leadership and accept that the previous cuts were necessary and that now we can continue without having to worry about more.

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Post ID: @OP+1ewy0PTq

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Not safe - with operations reorganization coming soon

Post ID: @sivt+1ewy0PTq

I tend to agree although due to the evolving virus situation and FY Q2 fiscal impact, I personally became aware of rolling cuts (atleast till the end of FY23 Q2) - they are being termed as "performance" based by the way!

The ones in Dec and Jan 22 amounted to < 0.1%, is what I learn from trusted sources.. but hey, unlike others including CRHF some OUs such as Surgicals, Spine and Neuro are hiring!! Know its tough choices but they have good leadership teams too, as I hear.

Good luck to all.

Post ID: @kfck+1ewy0PTq

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