We had it good so good for such a long time. Bonuses, stock options, raises, great slogans, you could not beat a job at Medtronic. Well good times always end somehow; either bad and greedy management or poor response to market (lack of products... — read more
Layoffs
There have been no rumors about layoffs and that's making me nervous. I guess Medtronic leadership broke me, since now I see no news as an intro to bad news. Am I stressing over nothing? What are the chances of another round of cuts within the next... — read more
Compensation Range
I’ve been in my current role for two plus years and genuinely wanted to know where I fell on the pay band. My manager sent me the information and I am only being paid 6% more than a person with absolutely no experience and not considered “proficient”... — read more
Is Geoff an Abbott plant?
Seriously...is this d-mb mother fu---r intentionally destroying our company? These decisions he is making are fu----g insane...WHO THE FU-K IS TELLING HIM HIS IDEAS ARE GOOD? This frat fu-k has to be a plant to demolish this company from within. — read more
Medtronic considering acquisition of Shockwave Medical
https://www.massdevice.com/medtronic-johnson-medtech-shockwave-acquisition-report/ After overpaying for the disasters acquisitions of Intersect and Covidien, Geoff preparing for yet another failure in his cap by overpaying to buy shockwave medical... — read more
Me (Geoff) again… it’s performance review time….
Tell me all the great things I’ve done! I know it’s challenging but can you think of any thing I can do better?
People still have hope
I too would like to have hope that this place will be fixed, but maybe that's a bit too much to expect? Some are still hoping for improvements, but unfortunately, it is unlikely that anything will change except for the worse.
Negotiating Severance
Anyone negotiate their severance package before and if so, any tips/advice about where to push and where not to?
Layoffs are management’s failure
These layoffs are evidence of leadership’s failure to fulfill the Mission, failure to serve customers and patients, failure to uphold their responsibilities to employees, failure to uphold their commitments to shareholders and the Street, failure to... — read more
Do you need to work full shift if laid off?
My coworker got RIF a few weeks ago and he ended up working the full day so he can give his manager a status update on his tasks. Do you need to work the full day if you got laid off?
Looking to leave
I have to ask, is there anybody at Medtronic who is not currently looking to leave? The last layoffs round seems to have been the last straw for so many people that it feels like there is a huge exodus in the making right now. Everybody I talk to is... — read more
Redeployment emails
Someone mentioned here that they've sent redeployment emails to those impacted asking them to consider open roles. Is that really true? And what kind of reaction do they expect? I can't imagine anything other than negative.
Any MiniMed layoff
Any MiniMed layoff ? Count or people & departments??
Hey everyone it’s me Geoff Martha
I know many of you are frustrated with my complete lack of leadership and transparency coupled with my 28% raise last year and implementing RTO. I just want to let you know that I’m aware of your frustration. I know you are hurting. I know you want... — read more
WFH is not the issue
WFH actually affords a company to obtain more productivity and cost savings on physical spaces. If anything the lines between home and work gets blurred and I work over 8 hours/day. How many of us can say the same thing? I believe the majority. I... — read more
Where is GM in the midst of all the chaos? No communication from top leadership!
This is a textbook example of how a leader should NOT BE! Just a vague email message prior to RIFs, and now when there is chaos with all the re-orgs and talent resigning in large numbers, there is no communication from ExCom.
IT is a mess
Don't talk about Global IT. They removed hundreds of people without knowing what they were doing. Now to move something to production, I almost need a DNA test and the approval of the President! No accountability of those who approve either. The... — read more
The management situation is an absolute mess
After going through brutal layoffs and witnessing a steady loss of top-notch talent, what we're left with is nothing short of a catastrophe. Let's face it, the current management situation is an absolute mess. It wouldn't be an exaggeration to say... — read more
Any good stories?
About teams that canned people without knowing what they actually do, and now they are pointing fingers at each other?
Early retirement
I noticed that the majority of the people I saw that took the early retirement option were women. I only saw a sr male leader accepting the offer…
RTO is a clear loss in productivity
I work at least 2-3 more hours every day when working from home ~ 6 am - 5 pm. When going into the office I have to spend more time getting ready and drive almost an hour 1 way, starting work around 7:50. Plus when in the office going to the... — read more
Non-Compete in Work Day?
Does anyone know if and where we would be able to find a non-compete document? I checked Work Day, but couldn't find it. I had recent interview, external, and the HR Manager at the other company suggested that when you first come on board they may... — read more
Just waiting to receive MIP to leave
Are you too intending to leave as soon as you receive MIP? I think there are a lot of us like that.
The Covidien Merger Comes Home To Roost
The Covidien merger that was "masterminded" by Geoff Martha is the primary reason for the massive layoffs. As a 30 year Medtronic employee (now retired) I can assure you that the single most disastrous decision made in the history of the company was... — read more
Any info from management?
If any of you are in management positions or close to management folks, could you please share any insights on the big picture of these layoffs? Are they likely to continue in the US? If so, what OU and functions will be likely impacted? Just tired... — read more
Any estimate when Geoff Martha will be gone?
Any estimates when you think GM will be asked to leave? Thinking of him leaving is one of the few reasons I’d want to stay here….
Building consolidations?
Anything new on building consolidations?
I'm expecting more layoffs
In fact, I think we've reached a point where we have to accept regular layoffs as part of our jobs. If that's not something you can handle, it might be time to start looking for a new job. It's something I've already started doing. It makes me sad... — read more
After the layoffs
This is a very difficult and tiring period. Will anything get better here after these cuts? I doubt it.
What was the criteria for RIF?
Anyone from HR knows what was the criteria for RIF? Who decided the RIF list? Having received exceeds multiple years hard for me to understand what was the criteria. Thanks
On the verge of burnout
Many say very confidently that they would never allow themselves to be overworked to the point of burnout, and then they go and do the workload of several people. Obviously, it's not so easy to refuse adding more to your plate and keep your job?
US Layoffs This Week?
Has anyone been laid off? Or heard of peers getting laid off? It seems pretty quiet, maybe the US majority is done for now?
I wish I was joking
I just found out that my coworker, who's less experienced and less knowledgeable, not to mention less motivated than me, is making way more money than I am! And to add insult to injury, I've been watching people in other departments getting promoted... — read more
Very low morale
If it was even possible to bring down the already low morale, then the layoffs managed to do so. How will our leadership ever manage to restore employee morale? I'm guessing they won't even try.
"The Mission" is so overused by leadership
I hate it when leaders invoke The Mission. Its like anytime they have bad news they talk about The Mission. I like the mission but it is used in such a bad way that I am sick of it.
I'm not looking forward to today
Take a wild guess, who's going to be doing all the work that was previously done by those who were cut? If your team has seen cuts, I'm sure you know the answer. I'm not sure who was in charge of layoffs but I don't think they really thought this... — read more
Are more US based layoffs expected this week?
Does anybody on the inside know if US based layoffs are over last week? Or can we expect more this week? I am hardly doing any work since my manager was fired so expecting that business update meeting in my inbox wouldn’t be shocking
PVH cuts 15% of marketing
Mid-career staff laid off hard. Directors not touched. No investment in pipeline but keep 99% of bloated SR R&D Staff to work in sustaining.
Anti-CEO Playbook
Our story might end like the beginning of Hamdi Ulukaya's Anti-CEO Playbook, but unfortunately, our current CEO Martha Geofrey is not embodying the principles of effective leadership. With a lot of wrong decisions, wrong direction, and too much... — read more