Or is it already too late for that?
9 replies (most recent on top)
In a word, ‘no’. It is like our country. The guys at the top will do well. The rest of us are just pawns.
@g3
Will there be an alternate holiday party ?
Yeah, but not under Medtronic approval.
Bad Bunny will sing at the 2026 annual holiday party.
Fiscal year or Calendar year ??
Trick question .... the answer is the same.
Times will be great "do more with less" and "enjoy the good times helping India"
We will expect to do better with a lot less.
Elliott Investment Management with a significant stake $XXB (5-10%) in Medtronic, we will find out with public SEC filings public stock reporting requirements.
Elliott will expect return on there investment 1-2 years which is the top priority, not particularly in the best interest Elliott, not the Medtronic company, long-term share holder value or patients served.
A reduction in workforce is one of the options cutting costs that can be expected with at least short term results.
So basically the same direction but with acceleration.
@OP I think the stock will temporarily look better with the reduced expenses in the near future. Pure guess but I bet it pops over $120 within the next 6 months. But I think MDT will look more and more like a shell of its former self, and be a worse and worse place to be employed. Long-term outlook feels dismal.