Topics regarding layoffs at Medtronic Inc.

Topics regarding layoffs at Medtronic Inc.

Profit before patients

https://www.icij.org/investigations/implant-files/whistleblower-accuses-medical-tech-giant-medtronic-of-putting-profit-before-patients/

Unionization

How do we start a union so we can kick out these failed GE leaders and bring in better leadership? Anyone with me?

Insomnia

Anyone else can't sleep because they're worried of being laid off every day? Ex-GE execs don't seem to care at all about the impact to mental health they are having as a result of their relentless pursuit of profits. Do the right thing and replace... — read more 

Medtronic CVS Caremark and Medicare Plan D

Does anyone know if Medtronic CVS Caremark is a creditable coverage for Medicare plan D (prescription dr-gs)? I am having difficulties getting any information from either Medtronic or CVS Caremark and I do not recall receiving any notice about... — read more 

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| 1130 views | | 1 reply (February 3, 2024)
Post ID: @OP+1qJkOIUL

Quarter End Predictions

My prediction is that our string of good luck runs out and we miss by a little bit. What do you think?

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| 1680 views | | 6 replies (last February 20, 2024)
Post ID: @OP+1qJpo0WI

FY25 Prelim Targets

Anyone else get prelim targets yet? My response was somewhere between are you kidding me, and I can't believe I still work here.

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| 2160 views | | 7 replies (last February 3, 2024)
Post ID: @OP+1qEDyl9z

Axonics and BS

Any thoughts on Boston’s acquisition of Axonics. Help, hurt, or no impact to mdt?

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| 1780 views | | 7 replies (last November 14, 2024)
Post ID: @OP+1qujwFYn

Approvals

With the latest approvals does anyone see the “squeeze” over the last two years will loosen up? I figure if releasing new products doesn’t do it nothing will. GLTA

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| 1030 views | | 2 replies (last January 19, 2024)
Post ID: @OP+1quwenO5

Change Analysts are Next

Looks like there is transition process starting to have change analysts in Mexico and Philippine. Wonder if that means change analysts positions are at stake?

Medtronic creates history with FDA approval of its novel PulseSelect™ Pulsed Field Ablation System to treat atrial fibrillation

Medtronic (MDT.N) said on Wednesday that the U.S. Food and Dr-g Administration (FDA) had approved its system for a type of condition that can cause stroke or heart failure. The system, PulseSelect Pulsed Field Ablation (PFA), is used for the... — read more 

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| 1590 views | | 9 replies (last December 19, 2023)
Post ID: @OP+1q4joJEz

Layoffs in December 2023?

Ex claimed in October that 100 to 200 tech support employees were going to be let go in December. Supposedly his last day was this Friday, Dec 8th. He said "They let us off at noon and told us to log regular hours." He was at Sullivan Lake Campus... — read more 

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| 2430 views | | 6 replies (last December 19, 2023)
Post ID: @OP+1q0OhroA

Any layoff rumors out there?

I haven’t heard anything since last quarters financials were released. I still get the feeling there are a couple more cents can be squeezed out and have heard rumors of project cancellations. Hoping 2024 will be better than 2023. Good luck to all. — read more 

Medtronic’s turnaround is becoming more tangible

Medtronic's (MDT) turnaround is becoming more tangible, an analyst said Tuesday after the medtech giant beat Wall Street's forecasts, pushing MDT stock higher. The star of Medtronic's fiscal second-quarter report was its new diabetes device, MiniMed... — read more 

End-of-Q3 - IT LayOffs Planning

Team any updates on end of the Q3 LayOff in IT now that major EU stuff are already done. I am primarily thinking about growth in India Hyderabad site headcount offSets by The US employees. Thanks

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| 1550 views | | 5 replies (last November 18, 2023)
Post ID: @OP+1pDoUiaH

Experience with surest?

Is anyone who has been on surest willing to share their experience? I am highly considering it given the increased costs for the other options

Best leadership in the market

Let’s all take a moment to thank our leadership for making the lowest mangers on the latter cut their direct reports bonuses next Spring. Then the board can point to your boss as to why you didn’t get paid out. Real leaders always make sure to run... — read more 

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| 2210 views | | 9 replies (last November 18, 2023)
Post ID: @OP+1pwfD0X6

Turnover

Is anyone else surprised that turnover seems to be lower than expected this year? I have my feelers out in the market, but in general it's very clear that Medtronic is no longer the premier employer. No dental insurance cost sharing, 2% merit... — read more 

Price target $45

From an analyst article: "For now, investors can remain patient and consider entering the market when prices hover between $45-$55" Thank the board!

You love to see it

After the bloodbath earlier this year where Medtronic showed so many talented people the door, or drove many long timers to retire, its been heartwarming to see so many of those former colleauges posting on Linkedin as they land new roles - and good... — read more 

Prediction: mass layoffs early 2024

Not really that hard to see the writing on the wall so it’s a stretch to even call it a prediction LOL. I will be really surprised if there isn’t going to be another round of mass layoffs some time in early 2024 during Q4. Good luck to us all. — read more 

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