What is going on in IT? I’m only hearing chaos and frustration and no positive words about the new CIO. I heard IT will starting RIF soon, so they can move the roles to India? I was considering a job in IT, but now…
Why are the shares keep going down?...
what is happening?.... Why keep the shares going down? (I hear the results of Q1 are trading in the right way, so I wonder what else is going on)
Medtronic Counteroffer Policy
Does Medtronic do counteroffers, or is it purely a waste of time? Asking for a friend..
Back to the office!
The reporting is out and so are the metrics by area. The % of remote and flex is hilarious and almost 100% in MN. You did this, Goff and team. You did this and told us we had to stay at home to be "safe" for almost 3 years, and made us change our... — read more
Major THANKS to all the people who posted on this site
Thank you TheLayoff.com Medtronic posters! I was part of the US April lay-off and all the information shared here had me 100% ready. I was in a Corporate (non-OU) role. My lay-off and subsequent pay-out of both severance and MIP played out EXACTLY... — read more
Recognize Points
I recently received an external job offer that I'm going to take. Do I need to cash out my recognize points before I leave or can I keep them? If I can keep them does anyone know who I need to contact to change the login in credentials? Side note -... — read more
Salary Band Question
Has anyone managed to reach the midpoint of their salary band after starting at the lowest point within their roles pay band, considering the significant 20% difference between the midpoint and the lower end of the range? I am curious if such an... — read more
Is it just me..
Or is the Finance department a total mess? It seems that cannot get anything right anymore! POs that should have hit last year's budget are hitting this year, a lack of accruals,... you name it!
Should I join Medtronic, India?
After seeing many gossips about layoffs and restructuring at different sites, should I join Medtronic, Hyderabad, India? I've heard Medtronic is planning to invest or already invested hugely at Hyderabad. How much of that is true? Please who have... — read more
Covidien acquisition was a giant scam
Overpay 45B for Covidien and line Omar and Geoff's pockets with cash Destroy Medtronic morale and structure by bringing those toolbags in Eviscerate supply chain, quality systems, increase recalls, destroy comp, allowances, commissions Proceed to... — read more
Number of departures
Maybe I'm wrong, but it seems to me that fewer people are leaving than expected because of the terrible atmosphere?
RTO
How's the return to office for you all? I have seen more people in my office, but still not full. Some days my office looks like a ghost town. I fear a stronger mandate for RTO will come soon.
Gastro OU
Any idea what the plan is for this OU? They're the last of legacy Covidien MITG OU after PM/RI spin off.
Everyone seems really quiet , Anyone hearing any news for Round 2
Everything and everyone seems quiet right now. When will we find out /about what the cuts done in April accomplished in term of saved numbers and if more are needed? Are there more layoffs expected? Hearing chatters about another round in Santa Rosa... — read more
Received MIP
Just incase you were wondering, I was laid off around April and received my MIP today. So it should show up for most of us. I worked in CRM.
It would be great to know what’s going on all the time
Whether things are going well or not, it would be so much better for all of us if we had transparent senior management who told us in time what was going on. Instead, Medtronic has leaders who keep leaving us in the dark about everything. No wonder... — read more
How is the situation at Medtronic, Hyderabad?
I have been offered at Medtronic, Hyderabad, India with fair salary increase. Is it advised to join? Is Hyderabad center impacted too?
Poll of the week
When will the travel, hiring, and recognize points freeze begin this year...? I'll start it off with September!
At what point....
Does everyone finally throw in the towel that this place is going down the toilet? How long can we miss AOPs for until they give us something achievable so we don't all feel like we want to blow our brains out. I am shocked people aren't leaving in... — read more
Medtronic wants to be a top talent destination with a 2% merit increase
This! So much this! Whoever wrote this got it 100 percent right. You can't expect to attract talent when all you can offer is a measly 2 percent merit increase - if that much! Sometimes I wonder if our leadership is really this stupid or is it that... — read more
I took a look at the 3M Layoff message board
It’s a sh*tstorm over there too! Lawsuits and layoffs, etc. Are there any MN companies with high morale anymore?
How is Medtronic's board allowing this?
By any measure, whether market share, customer satisfaction, employee satisfaction, financial performance, or shareholder returns, Geoff and his leadership team have failed miserably. Geoff owns this mess, and he can't continue to blame COVID, higher... — read more
The irony of the performance review
Before, when I used to try much harder, my performance was rated much worse than it is now, when I don't put in nearly as much effort. Anyone else experienced such irony?
If we resigned in May, do we still get SIP?
If we resigned after the end of the FY, do we still receive a bonus from the “special incentive pool” like we would have if it was a regular MIP?
Two Weeks after Termination date and still have not received the Separation Agreement
Thank you to MDT for not being timely in providing the separation agreement and subsidized COBRA money. Treating people with "respect" after being laid off has been a catch phrase for Geoff, yet a lot of us still haven't gotten the "package". My... — read more
Most of us need to move on
I think it's time most of us accept the fact that this is not the same company it once was and that it's time to leave Medtronic. At least that's what I keep telling myself. I can no longer find one good reason for me to continue my career here. If... — read more
Promotion?
Regarding performance reviews + promotions, how much is a typical promotion bump percentage (ex: senior to principle)? I heard 10%, but not sure if that’s accurate. Does that include the merit?
Is it really that easy to do?
Take the money and run. The grass is greener on the other side. You will be respected, paid fairly, rewarded for your ideas and expertise, treated fairly with realistic goals and help to get there. It’s out there folks you just have to take that... — read more
Performance review
Has anyone had their performance review? Because it seems everyone I know hasn't. My manager has not even scheduled mine.
Job offer
I received a Pr. Engineer offer from Medtronic but am hesitant after reading this board. Im a S. Engineer currently with 7yrs experience. The salary offered is a small increase, but it sounds like my 401k match and paid holidays will decrease. ... — read more
Best AI Tools for the Job Search
As with a number of other people on here, I am looking to leave Medtronic. The company's direction over the last few years has me feeling like it is no longer what I signed up for. Has anyone tried any AI tools to help with resume writing and the job... — read more
We're all one family
I believe managers when they say we're all one big family at Medtronic. A dysfunctional, lying, hating, unfaithful family, but a family non the less. A family where everybody hates each other and looks for ways to stab each other in the back. But... — read more
Damn hearing MIP is really low this yeat
Hearing CVG MIP is only 45% this year? Is it true? Is it the same for global functions too? Makes you wonder they reduced it on purpose so they don’t have to pay up more money to people who were let go
How many applying for other jobs?
It would be very interesting to see how many current employees have applications out to other companies. I know of at least 6-10 people looking elsewhere.
Since MIP payout is technically 0 and the money is designated differently, does that mean those let go won’t receive it?
I’m still here. Wondering for my fallen comrades.
VERP – MCC Enhancement Contribution?
Did anyone receive any MCC Enhancement Contribution? The VERP statement says "Your Enhancement Contribution will be posted in late June with your FY23 MCC contribution". I see FY23 MCC contribution posted on 401K account on June 22 but no... — read more
Just got the docusign document.
Good luck.
Performance reviews being this week
Maybe we find out what our piece of the fund and raise will be, this is only hear say I have not gotten a invite from me Manager. Anyone else hear any thing about this topic?
New member in board of directors
News from GM… A new friend of Q (Diabetes) - bully joins MDT coming from Honeywell… (rolling eyes) Greg Lewis - to help us with our Finance- which is a total mess!