https://www.calcalistech.com/ctechnews/article/s1g3z02cgg See for yourself, more than 25% were let go

There will be announced mass layoffs and consolidation plans within a week from now. Underperforming BUs will be restructured or sold and 1000’s will be laid off across the enterprise. This is first roll out of changes due to Elliott... — read more 

What is your best guess on when Geoff and his BOD get bounced? Rumors are flying (again)

Informed that Minimed MDT will only be keeping contributing rolls and has started to inform individuals to look at other jobs in Medtronic and Minimed or elsewhere. They have until end of year or sooner. Project managers, excessive middle managers... — read more 

Good expose on the mistakes that have led to stagnant growth and culture. Geoff comes across as dismissive and defensive, nothing is his fault. Do you think it’s true in your group that engagement scores are up since 2019? I’m not seeing it!

60-90 minutes devoted to commuting. Coworkers constantly stopping by to chat about non work related things. Leaders encouraging team lunches that last an hour. Scrambling to find private space for sensitive calls. I’m hitting my time but getting... — read more 

No one communicates, no one coordinates, and you end up doing the same work multiple times without even realizing it. It’s chaos, and nobody seems to notice. This would be bad enough if we had enough people to be able to waste time, but we don't... — read more 

Large scale RIF's coming this month! There is a memo currently doing the rounds with management, looking for additional departmental cuts. They initally are looking to trim the fat. Like before Attendance, time keeping, performance, etc. Elliott... — read more 

A lot of medtronic sites doing cost saving but VP level still can have business trip with just to have meeting on site, why can’t do online meeting which can have cost saving

Do not fill out the OHS survey. The only reason executives are constantly pinging everyone to fill it out daily is because this ties directly to their bonus metrics. The higher the response rate, the more bonus/goal they meet. Hit them where there... — read more 

Greetings! This is my first time posting here. I have heard through the grapevine that RIF's are coming to EMEA in October for some of the Irish sites. Can anybody confirm if this is true?

CEO salary get 16% increament, staff at downstream get lesser increament

When I left Medtronic it felt like I’d crawled out of a pit. Took me months to feel like myself again after all the toxicity. It drained everything from me, energy, confidence, and health. I wouldn’t wish it on anyone.

Asking for a friend… 🤓

Do not commit time fraud. Don’t give any reason to be fired. Good luck

I’m investing in my own skills because clearly no one else is going to. I feel like this place is intentionally pigeonholing us into positions so we don’t have too many options to leave unless they’re the ones to kick us out. Anyhow, if there ever... — read more 

https://x.com/thejobchick/status/1964360192017256908

It can only hurt you!

Any idea what EM is currently doing ? Any action at top?

Allegedly he stayed under $5000 per purchase on his company Amex card. The MO was purchasing and selling tool sets. His boss must be in the hotseat. No doubt an audit is ongoing. I guess one way to "layoff" employees is to root out crooks. This does... — read more 

Do we actually have to hit 32 hours each week in addition to 4 days in the office?

I’m interested in hearing if you could pick any company to move to who would it be?

Does Labor Day count for an in office day or do we have to come in the remaining four this week?

Good luck!

Google AI: Medtronic Org structure is very deep, not flat. Will EM involvement drive middle or senior level of management layoff? AI answer: Involving activist investor Elliott Management (EM) at Medtronic is likely to drive layoffs at both the... — read more 

Google AI: EM board members are hired to 2 boards within Medtronic. With EM's involvement, which business units will be likely pushed to improve the profitability? any chance of spin off more business units? AI generated answer: In August 2025... — read more 

Does anyone actually get promoted for their work, or is it always about who you know?

Any bets on how Geoffy will try to spin the arrival of Eliot during the global town hall?

No more diabetes... no more Sean Salmon: Blackstone proponent... can we rid Backstone and other toxic private equity from extracting the value out of the best growth opportunities? If private equity will fund a program, shouldn't we? Will more... — read more 

An acquaintance reached out about a job posting she saw at Medtronic. She asked me what I thought about this company. I made sure to tell her how my group just had several people laid off for no cause in May to help fund our VP's promotion to sr VP... — read more 

And did you wonder if that was Elliot Management?

As an activist hedge fund, Elliott Investment Management pushes for changes that often result in significant layoffs at the companies it invests in. While Elliott does not directly manage the day-to-day operations, its influence on corporate boards... — read more 

Some of you are nervous about Elliott Management, saying it might mean layoffs. A future with Geoff Martha definitely means continued layoffs and possibly much worse anyway, while him and the board continue to sacrifice others to benefit themselves... — read more 

How do people not realize this?

In GM’s earnings video, he makes EM sound friendly and benevolent. What is Elliot Management actually thinking about Medtronic and changes that need to be made?

All I could think about yesterday is when Geoff will be canned after the Elliott management stake. I watched Geoff’s video yesterday from his desk, after earnings announcement. He played off Elliott’s investment as a long term play with them more... — read more 

It’s frustrating to see so many managers sitting in endless meetings while the people who actually got things done are gone. The company is for some reason keeping the wrong people and losing the real value. It makes you wonder how decisions are even... — read more 

Isn’t the stated point of return to office that we collaborate with our team in person? It looks like our team will be divided up across the building. We don’t even sit by each other.