Thread regarding Medtronic Inc. layoffs

We don't need layoffs

Few people still want to work here. Talent is walking out the door faster than ever. Even the new, young hires quickly realize they made a mistake when they joined Medtronic and don’t hesitate to find somewhere that appreciates their skills and offers them room to grow. I don’t even get why we still bother with layoffs. The turnover is so high, it feels like we’re doing it ourselves.

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| 1053 views | | 4 replies (last November 8, 2024) | Reply
Post ID: @OP+1vmLds3t

4 replies (most recent on top)

It's truly insane. Most of the veterans are vocally interested in retirement. The young hires have the advantage of not recognizing the mismanagement, but are untrained and then thrown to the wolves. All the mid career folks quickly recognize the breadth and depth of the chaos, experience deep regret, but hang on for the sake of feeding their families. There are not enough people, and we are throwing away good employees. And meanwhile, there are duplicated titles for senior directors, Pre-VP's, VP's, Senior VP's, Extra senior VP's, all of whom are completely disconnected from the products and provide zero value or communication.

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Post ID: @2ukz+1vmLds3t

The executives need to be let go

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Post ID: @1kmy+1vmLds3t

I agree, at my campus we have a lot of 27+ yrs old s with master degrees, My guess is they with stick around for 3 yrs max. Make a decent salary. Get a nice resume line item and move on to greener pastures once they figure out MDT is a dead end. IMHO

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Post ID: @oob+1vmLds3t

Thank the board! Geoff deserves another 30% raise for pleasuring the shareholders.

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Post ID: @hot+1vmLds3t

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