Topics regarding layoffs at Medtronic Inc.

Topics regarding layoffs at Medtronic Inc.

A major rehaul is needed

Medtronic should stop hiring MBAs with fancy finance degrees to run the company. It doesn't matter how smart they might be; you need to have innovative people who can produce innovative products from within. That had been the key to the company's... — read more 

Obtain Final Paystub?

I was let go last month and it’s been impossible trying to obtain my last paystub. I was in the middle my pay cycle when i got the notice. It’s been impossible to access WorkDay since my login is blocked and HR has not been responsive. Has anyone... — read more 

Still waiting

Termination date yesterday and in the “up to two week waiting period” for the release and severance. Wtf is this so hard? Give us the paperwork to get our checks

Dividend Raised but no additional 401 (k) match?

Thanks Geoff for putting freezes all year long just to gather enough money to raise dividends, while failing on every another front. Is Geoff getting another 28% raise in July for this performance? Why is the board of directors asleep for these... — read more 

Another reorg for Operations?

What is change fatigue? Global Operations is readying for fourth reorg in 2 years. Does anyone know more on this?

Some of you confuse me

Why would you expect the company to care about you or to respect you? You are nothing but a number. The company is and has always been in it for itself. The management as well. I wonder where some of you get your ideas that this is a "family" or... — read more 

Salary Bands US Positions

Take a gander at us jobs posted on our external website.... Looks like salary Bands are posted for essentially all of them

Unrealistic demands

If I want to save my mental health, I need to leave as soon as possible. The only thing even more difficult to deal with than all those unrealistic demands is when the manager tries to convince us that they are not unrealistic at all.

All the differences

I plan to leave soon. I can't wait for my last day here because almost nothing here is like it used to be back in a day when I was proud to work here. What changes bother you the most from the time when you first came here until today?

Fresh start

It was hard leaving Medtronic mainly because of the pay. Then I decided that my salary would not play a part in my job search. It was not an easy decision, but once I made it, it felt like a huge weight has been lifted off my chest. It didn't take me... — read more 

Bitter Management?

I was with MDT for six years and left the company last month for a better-paying job (surprise). Even after having the same manager for the last three years, I thought it was pretty standard for my manager to send out an official notice/email but my... — read more 

Keep learning

I don't think I'll be able to find something better unless I upgrade my skillset. However, it's a challenge while I'm working here because I'm overwhelmed with the work that needs to be done. What's your strategy for growing your skillset, how do... — read more 

Fortune 500 company

Listened to a Garage Logic podcast that had a Senator they were interviewing. He said this year we will all have our jaws drop when a Fortune 500 company makes a huge change/announcement. Think it could be Medtronic?

Why is Geoff such a smug and a d***** bag?

Did anybody else notice how Geoff openly insulted and made fun of GI president Napoli saying something along the lines that “ I can’t even understand half the time what he is saying “ when he was mentioning about Nvidia partnership? I would be mad... — read more 

Mozarc…. What benefit to MDT shareholders?

Does anyone know the benefit received by MDT shareholders is from the Renal Care business divestiture (aka NewCo, with Davita)? KP confirmed Mozarc will not affect MDT income statement & balance sheet. We didn’t get a payment for the business... — read more 

Just a reminder to my comrades

Medtronic does not care about you. You are just a resource that the company will drain in order to push the stock price as high as possible. To Medtronic you are a tool to meet an unobtainable financial goal of infinite growth. Nothing more... — read more 

Return to office with the bare minimum if that

Amongst everything going on in the company they force us back to office and they can't even keep up with the bare minimum for cleanliness. Bathrooms are maybe cleaned twice a week with broken sinks, no soap, and sewer issues. Only vacuuming the main... — read more 

What a depressing place to work

I was hoping to use the MIP to pay down a hospital bill and put some money in my kids’ college funds. Instead I’ll just keep grinding away for the scraps this company provides. I used to feel valued at Medtronic. It’s been years since that has been... — read more 

Town Hall

What a tour de force from Geoff and excom today. Geoff’s usual business lingo word salad heavily seasoned with “uh” and “um”, the beaten-to-death reminders of all the external factors negatively impacting performance, the assurances that this time... — read more 

When is renal denervation going to pay off?

After paying $800M for Ardian and spending way more in US clinical trials, when will this procedure be FDA approved? Is it making any money OUS. Since it appears no more effective than or-l generic dr-gs (last US pivotal) will insurance companies... — read more 

I would be happy to leave this

I would like nothing more than to get out of here, but I can't get anything better. What are your experiences on the job market right now?

"innovation" ---- done

Martha keeps hiring B-team grifter execs. Everytime a long-time Medtronic successful leader exits, he finds some bizarre non-related-industry to jump in and mess things up. But, yeah, Ford Autonomous cars and Amazon consumer robots have been... — read more 

Bonus multiplier

They’re going to give us a bonus so that they don’t lose the entire workforce, they’ll just make it small so they lose a decent number of us. Anyone have word on what the bonus % will be?

DRM program

Curious to know peoples opinion on how DRM is rolled out for Medtronic? I'm a fairly new employee with loads of dfss, dmaic, reliability experience from other companies but it seems like as much as we like to promote DRM, we don't have time to... — read more 

IT getting outsourced more or not?

Its now been over a month since they gave the announcement that they were reviewing further outsourcing for IT. Work is already hard enough to get done because no vendors take responsibility, what if they do outsource the rest? You would have 5... — read more 

Listening to the investor call and it's infuriating

All the analysts keep blowing Geoff off with congratulations on Q4. Then come the question about low EPS and growth projections and Geoff keeps punting to Karen and Que to give their prepared answers. None of the analysts are asking any challenging... — read more 

This is the bitter truth

From continuity planning, I am reading layoffs will be quarterly/semi-annually but as a cover to remove individuals who either costs above the median of their pay band or individuals who have received a developing on their review. PIPS will be... — read more 

No MIP this year...

We were announced during an AEM that we would not receive any MIP this year...

Research companies you are joining

I left Medtronic six months ago for what I thought was a better opportunity. They had just finished a round of layoffs, so I thought, great, even that's out of the way, I shouldn't worry about that for a good while. Wrong. It turns out my new company... — read more 

Time to Leave

I started applying for jobs with the title and compensation I’ve regularly discussed with my manager and let me tell you that you are severely underpaid. I just accepted a job offer with a 15% raise for a similar position and here’s your reminder... — read more 

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