Thread regarding Medtronic Inc. layoffs

Massive layoff Neurovascular OU

Major layoff happening in NV today. Several NPD positions eliminated.

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| 3074 views | | 13 replies (last December 7, 2024) | Reply
Post ID: @OP+1vN8stxm

13 replies (most recent on top)

How many people total who were NPD?

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Post ID: @4jld+1vN8stxm

Which projects? I was in R&D and laid off last year for a similar reason. Curious which additional NPD projects got cut this time.

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Post ID: @3knl+1vN8stxm

Multiple NPD in R&D. At least 4 including Director in marketing. RSD in sales. All of the surgical people recruited over under Dan Volz leadership are being let go. The whole structure in OU dismantled. VP Marketing is last remaining at leadership level and will be gone very soon with verified info they are in final stages of interviews.

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Post ID: @3fij+1vN8stxm

If all R+D takes place in India, will at least some manufacturing return/remain in the US to avoid Trump tariffs?

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Post ID: @2jdu+1vN8stxm

Surgical just received email from Eric that some NPD projects will stop. It's difficult to read if layoff is following

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Post ID: @1qmx+1vN8stxm

Medtronic didn’t open a brand new R&D office in India for nothing.

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Post ID: @1pda+1vN8stxm

How's the severance package

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Post ID: @1lif+1vN8stxm

All R&D will happen in India for slave wages to save costs and create profits.

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Post ID: @1frl+1vN8stxm

Several NPD programs were shut down and the people who worked on them were let go.

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Post ID: @1fkk+1vN8stxm

Why NPD? NV no longer needs new products? What changed?

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Post ID: @1rbb+1vN8stxm

Ouch ...
R&D is taking the hit this time ... SMH
Just the beginning IMHO
Best wishes to all impacted today.

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Post ID: @chv+1vN8stxm

New Product Development.

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Post ID: @uig+1vN8stxm

What is NPD?

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Post ID: @jtj+1vN8stxm

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