Thread regarding Medtronic Inc. layoffs

GM made $23M this year

https://www.medicaldesignandoutsourcing.com/medtronic-ceo-pay-2026-executive-comp/

This is a 10% raise from 2025 Meanwhile stock down 27% last 5 years. Congratulations. Great job GM

Imagine the amount of RIFS that could’ve been saved if these people like GM take a pay cut for the incompetence. Sadly accountability doesn’t exist in this company. And instead they get raises.


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| 104 views | | 18 replies (last 6 days ago) | Reply
Post ID: @OP+1m0e7nj7b

18 replies (most recent on top)

Why don't you becoame a CEO too?

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Post ID: @z4+1m0e7nj7b

GM is a tone deaf id--t to sink the company stock, compensating for his poor leadership and performance through mass layoff cost cutting, arguably being one of if not the worst CEO the company has ever had AND accept a HUGE raise (by any regular employee’s standards).

It’s time for employees to stage a mass walk out until he resigns. That won’t happen, but it should.

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Post ID: @r3+1m0e7nj7b

@jg Everyone should start just taking unofficial summer hours - for the entire year - because f¥ck them!

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Post ID: @qj+1m0e7nj7b

@k7

He should also get monetary punished for not hitting the companies goals.

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Post ID: @pv+1m0e7nj7b

@k7 Exactly my sentiments. He sends out 600 emails/month extolling how ethical the company is, then, mismanaged the biologics unit in Eatontown, NJ over the past decade. No real leadership.

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Post ID: @pn+1m0e7nj7b

Geoff is the CEO of the world's largest medical device manufacturer, managing through an incredibly complex supply chain, regulatory landscape, and product pipeline, so it is expected he would make millions. That being said, this is pretty egregious and tone deaf considering what is happening at the company. I think it is evident now he was not the right choice to lead the company and is largely considered not a good CEO internally. He's a CEO doing CEO things getting paid CEO money, but he is not a leader.

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Post ID: @k7+1m0e7nj7b

@j2 in honor of his successful year I took unofficial summer hours today

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Post ID: @jg+1m0e7nj7b

You work your butt off to get a meager increase below inflation, this stock tanking frat boy gets 10% at the expense of RIFs…

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Post ID: @j2+1m0e7nj7b

GM tanks the stock and makes money hand over fist. It was not insignificant that CFO Karen Parkhill voted with her feet.

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Post ID: @hq+1m0e7nj7b

@ct

3 people. So now the rest of my team are doing the job of those 3 people on top of our responsibilities. Fun times especially learning that GM made $27 million.

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Post ID: @dd+1m0e7nj7b

@bz Really sorry to hear. When you say half, how many are we talking about?

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Post ID: @ct+1m0e7nj7b

@bz same, nobody is safe anymore, not even in European countries.

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Post ID: @cd+1m0e7nj7b

Half of my team was RIF.

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Post ID: @bz+1m0e7nj7b

@ah it’s ok that you’re g-y. Don’t fight it.

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Post ID: @ar+1m0e7nj7b

I don't know anyone else that got a 10% raise. He must have been one of the few that got an exceeds rating.

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Post ID: @ap+1m0e7nj7b

@af Who said I was attracted to him? I never said that, I’m only stating the TRUTH . What’s wrong with giving someone a compliment? Your just jealous coz your ugly 😝

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Post ID: @ah+1m0e7nj7b

@a3 I won’t ki-k shame you for being attracted to white men with the same hair as foosball figurines

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Post ID: @af+1m0e7nj7b

@OP And so what ??!! YOUR not paying him! Geoff Martha is nice and handsome too. He deserves that , more than what I could say about the fuglies working in MEAN-nesota.lol

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Post ID: @a3+1m0e7nj7b

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