I can’t come up with one reason why the board is still in place. I don’t mean this sarcastically but can anyone else? My guess is there are agreements with the big investors and current leadership or a purchase of an outside company. Thoughts? — read more 

I was laid off in May was told the severance check would be coming on July 10th. I had assumed that MIP and PTO would be paid out at the same time. The bank statement for severance came in but it doesn't look like MIP or PTO was included in it... — read more 

How come we are expected to be loyal to Medtronic but that loyalty is not reciprocated? We are treated as an expense instead of an investment. We can be laid off at any point without a good reason or explanation, but somehow in all of that, we’re... — read more 

Let's congratulate Geoff & the board for engineering the extraordinary decline in market share. MDT has sunk below 99B market cap and is #5 amongst its peers. While 99B is still a big number I'm sure they will find a way to mess things up more. ... — read more 

Does anyone know if the RIFd employee gets the MIP in the severance check or separate?

I don't know if there's anybody still reading this after being laid off, but if the answer is yes (or if somebody is still in touch with those who were laid off) can you share with us please how your job search is going? Are people able to find new... — read more 

I’m seriously asking. Or everybody basically gave up on this company, so it’s only about stock and upper mgmt pay? Letting so many talented and experienced people go all the time, together with all other cost cutting measures, in exchange for the... — read more 

This ship really is sinking isn't it?

Has anyone written to the board and received a constructive response? Wondering if it's a worthy endeavor.

Use this to post your BU's MIP multiplier

Any ideas how they will nibble away the benfits program this year? Last year one was dental insurance while bolstering rarely used garbage benefits. Lets brainstorm it so we are less shaken when it happens this fall!

I care about helping people and my OU encourages us to do Project 6. But I feel like if I do it I am playing into the corporate BS. I feel like I am helping Medtronic with their fake mission. I won’t do Project 6 because MDT is a joke and I won’t... — read more 

The Mission is so stellar..I like my co workers and boss, but the general environment is depressing..I joined a year ago..insprired by the mission and it was a bigger role for me than what I did in the past..but now feeling dejected. I want to really... — read more 

Share your thoughts & key takeaways from quarterly udate.

I’m sure as he-l not comfortable and my best self at work with this ax constantly swinging around my head.

All I get is raises, nice bonus and global travel. It’s getting tedious.

https://www.startribune.com/medtronic-layoffs-continue/600373284/

What’s the latest? Which depts have been hit the most?

Our competition is destroying us while he travels in the company jet. What is it going to take to fire Geoff and his cronies including Greg Smith and Scott Cundy?

It’s never a problem with peeps doing the hard work. It’s always mgmt. Failing in this industry is really an achievement. If we’ve had an upper mgmt with vision, capable to develop a plan and invest in improvements/upgrades where needed, competent... — read more 

It’s an open secret that if you report any issues to HR they mark to your record and eventually fire you for being problematic. There is a lack of HR presence at our site and there are loud racists and people that have been complained about for... — read more 

anyone know anything?

Received offers from both companies in the Twin Cities. Medtronic's offer has a base salary 24% higher with 5% higher annual target bonus. (MDT offer is for 1 grade higher) Have heard great things about the Boston Scientific culture at these sites... — read more 

Hi all! I received an e-mail saying the MIP is 94% . We missed the EPS target. Is this % the same for everyone this year? Or can it vary per OU, region and function?

No one knows what's going on, leadership promotes cliques. People don't feel comfortable speaking up. Directors think they are "making it easy to do work around here" when in reality it's a struggle to get straight answers from anybody

How strictly are the non-competes enforced? I'd like to join a direct competitor in a similar role to what Im currently doing. How will Medtronic know where I'm joining? Will it be an issue later on?

Our site likes to ignore problems. The manager tells our director we are on schedule, but he is never around to notice the truth. Everyone has been using layoffs as an excuse to do nothing. I worry this cycle of firings will repeat when it becomes... — read more 

In today’s quarterly meeting the president said the MIP payout would be between 80-95%. Anyone know how your end of year rating factors in? Does a 3 payout at 95% or is that a 5?

Any opinion about her performance? Is she improving IT as she claims or is she ki-ling IT?

Newbie at MDT. What caused the company to get to where it is? Bad leaders, bad products, bets that didn’t work out, too much fat in the org..???? Did we get here overnight or a gradual decline?

Leadership is absolute garbage. Couldn’t help but to laugh while reading all their emails about how we “knocked it out of the park” as the stock tanked. Patting themselves on the back while we all pay the price for their stupidity. “We’ll get... — read more 

The Wall Street doesn’t trust you already a long time! I’m sure if they leave, the Street will have more faith in us! GM and KP what are your plan to turn this situation around? MORE Layoffs?!?!!? Do you still don’t get it this approach doesn’t... — read more 

Shares of Medtronic PLC were headed higher Thursday, after the medical device and therapies company extended its streaks of quarterly earnings beats and annual dividend increases. The company also provided a fiscal 2025 outlook that was in line with... — read more 

This company is full of bunch of cry babies running to HR when they are asked a tough question. They just don’t have ba--s to stand up for anything..

https://www.massdevice.com/medtronic-employees-report-more-layoffs/ Employers in Minnesota are required by law to report layoffs of more than 50 people. Medtronic stopped this practice in Minnesota years ago. I am sorry to all of you have been laid... — read more 

I can't seem to find a lot of information on the MIP targets and actual payout other than the forums of MIP missing payout last year. Does anyone have insight into Target %'s for a Senior (Level 3) or Principal (Level 4) engineer? Do any mid-level... — read more 

Medtronic HR and DIE team all over this board right now, trying to save their skins. There have been many telling posts over the last few days. All of them are using terms and references that can be easily verified internally. Keep deleting. All... — read more 

The agenda police are at work. I see a recent post disappeared. It must have struck a nerve.