Thread regarding Medtronic Inc. layoffs

April Layoffs?

I saw people mentioned on other threads on this board that there will be a bigger volume of layoffs in April, or a planet wave of layoffs that might affect a larger portion of the employees.
⅓ has passed and so far nothing has happened. Is this turning out to be just a wild rumor without any ground or is it still possible something like that might happen? Does anyone have any insights on this?

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Post ID: @OP+1gcnIyuU

5 replies (most recent on top)

Sorry to hear that man! Hopefully you get something soon!

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Post ID: @9ixv+1gcnIyuU

I was furloughed last week at MDT. I am a contractor and my company told me the furlough would last 2 weeks but the manager will reach out when to return to work.

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Post ID: @5ywv+1gcnIyuU

My main project was canceled for next fiscal year. Severe cost controls are in place and strong measures are being taken for the budget for FY23, at least in my division. Gonna be a bumpy ride. I am putting resumes out there. But maybe I will get reassigned if I am lucky.

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Post ID: @4aeg+1gcnIyuU

Doubt it would be in April, but don't know. There is quite an omnious feeling lately working. Not sure if own anxiety or the tone from EVP communication or if something else.

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Post ID: @3hwe+1gcnIyuU

Layoffs or divestiture will be announced in the coming months.
You don't promise wallstreet and stay moot. It may not be a bad thing.
MDT is bloated.

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Post ID: @zhi+1gcnIyuU

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