Thread regarding Medtronic Inc. layoffs

Why top level bosses travel to site often

It appears that top leadership has been making frequent visits to this site. While their presence may be intended to demonstrate oversight or support, it has raised concerns among employees about the underlying agenda. Many perceive this level of involvement as a form of micromanagement, which can be demoralizing for the broader team.

These visits are often conducted with significant comfort and catered hospitality, perhaps to maintain favorable impressions. However, this creates a contrast with how resource allocation is handled for employees at operational levels. When project teams need to travel overseas, cost-cutting measures are strictly enforced, with limitations on the number of travelers and budget constraints. This imbalance can lead to frustration and a sense of inequity.

To rebuild trust and morale, leadership could focus on transparency in their purpose for site visits, demonstrate genuine engagement with employees at all levels, and ensure that organizational policies reflect fairness and shared responsibility.


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| 1791 views | | 4 replies (last November 7) | Reply
Post ID: @OP+1k9dwqmxd

4 replies (most recent on top)

@d1 shows you how bad the comp is at Medtronic.

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Post ID: @dg+1k9dwqmxd

@br Parkhill left MDT with total comp about $8M. Last year her total comp at HP was over $15M.

I’ll gladly work at a ‘dead’ company for a $7M increase in compensation.

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Post ID: @d1+1k9dwqmxd

…And brag about their (reoccurring) stays at the Four Seasons in Los Angeles.

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Post ID: @cp+1k9dwqmxd

They don't care.
GM is a dead man walking as CEO - just look at the data!
1) About 10 ex-com members have retired (aka quit) in the last 3/4 years.
2) CFO went to HP (a dead company)
3) Elliot Management are in
4) Stock price is FLAT in one of the most explosive bull runs in history
5) GM pay up 20% yoy for what??

MDT is in serious existential crisis the data is there

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Post ID: @br+1k9dwqmxd

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