Thread regarding Medtronic Inc. layoffs

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CAS + CRM = Electrophysiology therapies (EPT)

Rebecca Seidel to lead.


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Post ID: @OP+1kt279sk0

22 replies (most recent on top)

Of course because this is exactly what this company needs is another d-mb leader who can’t get out of her own head what a mess with this d-mb ice catheter nonsense while the reps are losing accounts to Boston Abbott and J&J. Unless these people aren’t fired nothing will change at this company

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Post ID: @1f4+1kt279sk0

Step-by-step geoffs disastrous model is being reversed.. hard to believethere were 20 operating units when the guy began. And, he thought that was the way to win. At the rate he’s going he’ll be even more consolidated when he began.

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Post ID: @w9+1kt279sk0

I am in CRM and this is fact. It was announced to us via email by Skip Kiil on 6/1/26. CRM + CAS is now Electrophysiology Therapies (EPT) led by Rebecca Seidel. We received a follow up email from Rebecca as well. Skip’s email says “we expect to announce the full EPT leadership team in the coming weeks.”

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Post ID: @q6+1kt279sk0

@pf this was just speculation before the earnings call. The OU combination hasn’t happened. It should IMO. It also could happen as a prelude to a spinoff.

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Post ID: @pn+1kt279sk0

Wait so is this rumor or fact? Also I assume this means an internal thing, not a formal spin off (aka diabetes?)

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Post ID: @pf+1kt279sk0

Does this woman realize we need revenue and not a fu--ing ice catheter the reps are dying on the field without a proper sheath and left heart access device and she’s donkying around with some early stage cr-p how do these people fail upwards without learning how to read a p&l I need to find a new job asap take my territory to a competitor with half a brain

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Post ID: @hy+1kt279sk0

Classic Medtronic - keep promoting mediocrity. The End is Near for Deadtronic!!

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Post ID: @ed+1kt279sk0

Bruh seriously thank god I left that god awful division and company let’s go Deadtronic

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Post ID: @ea+1kt279sk0

@a6 only the real insiders know this. Truth amazing how she played the game may the vinup legacy help her with her insecurities she’s a Rhonda Robb 2.0

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Post ID: @dz+1kt279sk0

@dw so true they’ll give her about 12 months and then eject her if she makes id--tic decisions like cardioinsight, acutus diamontemp and a manufacturing disaster like affera which put this company behind by a good two years to market she’s got no financial sense so she’s pretty much guaranteed out the door

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Post ID: @dy+1kt279sk0

@ds you obviously don’t understand how the street works. You think institutional shareholders put these mo--ns in place? You think they even know you this sideshow botched bi--h is?

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Post ID: @dw+1kt279sk0

@dq yesterday.

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Post ID: @dt+1kt279sk0

@bh lol…who do you think put these leadershits in their position in the first place? What’s good for the street isn’t good for the patient or the employee.

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Post ID: @ds+1kt279sk0

When is this being announced?

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Post ID: @dq+1kt279sk0

The whole medical device sector is fu---d because of these type of leaders when will the institutional investors wake up that they need to give these medical device companies some serious pain to clean garbage leadership out across Medtronic J&J Stryker Boston Abbott

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Post ID: @bh+1kt279sk0

@b3

Of course. Breaking up a company and sell it for parts is PE’s playbook

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Post ID: @b9+1kt279sk0

Wow it’s over

They really will announce splitting the company into two or three pieces

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Post ID: @b3+1kt279sk0

Let’s go! Time to burn this id--tic company down the endless mo--nic decision making continues

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Post ID: @b2+1kt279sk0

Is this a prelude to a spinoff? Well I guess you wouldn’t spin off the only good parts of the company. Or could you. Like an inversion - what’s left behind is cr-p, dies and absorbs all the debt.

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Post ID: @b0+1kt279sk0

@aj that is exactly what I see coming. Managers and bottom 25% will be trouble.

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Post ID: @ax+1kt279sk0

Is this the prelude to the rumored August RIFs?

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Post ID: @aj+1kt279sk0

Amazing vinup legacy the gift that keeps on giving

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Post ID: @a6+1kt279sk0

Rearranging the deck chairs! 🤡

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Post ID: @a4+1kt279sk0

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