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
Protest filling out OHS survey (bonus for managers)
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
RIF for EMEA
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 increament 16%
CEO salary get 16% increament, staff at downstream get lesser increament
I'm a new person after leaving
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.
Any layoff plans CRM Emea?
Asking for a friend… 🤓
Show up to work and work all of your hours completely. Employees are being tracked.
Do not commit time fraud. Don’t give any reason to be fired. Good luck
With so many layoffs, spend your free time wisely
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
Another layoff round incoming
https://x.com/thejobchick/status/1964360192017256908
Just a reminder - You have nothing to gain by completing the OHS
It can only hurt you!
EM presense
Any idea what EM is currently doing ? Any action at top?
Half million dollar embezzlement by North Haven employee charged in North Haven
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
Is Medtronic tracking how many hours we are in the office or is it just the number of days?
Do we actually have to hit 32 hours each week in addition to 4 days in the office?
Leave for who?
I’m interested in hearing if you could pick any company to move to who would it be?
RTO question
Does Labor Day count for an in office day or do we have to come in the remaining four this week?
RTO for Minnesotans tomorrow
Good luck!
Medtronic Middle and Senior Management outlook after EM involvement
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
What can be happening after EM on board
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
Are promotions ever fair here
Does anyone actually get promoted for their work, or is it always about who you know?
Global Town Hall
Any bets on how Geoffy will try to spin the arrival of Eliot during the global town hall?
Does Elliot finally mean the end of Blackstone skimming our value?
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
New job posts after layoffs
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
Do you remember this post? Tell me how is Geoff ruining Medtronic?
And did you wonder if that was Elliot Management?
From google ai on Elliott Investment Management historical results:
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
Finally, Geoff and the board are on notice... and they know it.
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
EM = mass layoffs
How do people not realize this?
What does Elliot Management really think of Medtronic?
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?
Elliott Management to the rescue!!!!
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
Management still in place while talent is gone
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
Return to office purposeful collaboration
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.
Hey Elliott
Fire GM will ya!
Retiring at Medtronic
I’ve been thinking about whether it’s worth staying here until retirement. For me, it’s not, since I’ve still got many years left and I’m already exploring other opportunities. But I’m wondering, how close to retirement would you have to be to... — read more
What if fired?
How will HR respond to potential employers when asked how you left? Will they say you were fired or just confirm your time as an employee?
How’s everyone feeling this FY?
Curious how folks are feeling about this fiscal year so far. With all the recent changes and shifting priorities, is anyone else picking up on signals about where things might be headed? I’m not looking for doom-and-gloom hot takes—more wondering if... — read more
Webcams installed on screens
Webcams have been installed on all of our computers over the weekend at NV. Has anyone heard of any policy change mandating to keep cameras on during meetings now ?
Grifters gonna grift
GMs pay up 16% vs FY24 339:1 Median Employee to CEO pay. https://www.medicaldesignandoutsourcing.com/medtronic-ceo-pay-executive-compensation-fiscal-2025/
This is not what I signed up for
Been here a few months and still can't believe how normal it is to expect people to work ten hour days like it's nothing. Why are so many okay with this? Or is this just my team?