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Word on the Medtronic Forums: Layoffs and Restructuring Update

Posted on May 23, 2018 by Medtech[y] Staff

In the last two weeks, there has been a significant spike in visits to our Medtronic forum with the most visited threads and discussion revolving around layoffs. 

We have compiled a breakdown of the discussions and threads in this article

  1. The Medtronic Spine Downfall - Quote from thread: "There were lots of good people laid off today in Memphis. Top performers. Some were there for their entire careers. Anybody understand it?"

Memphis is home to Medtronic Spinal where they recently announced a new advanced manufacturing facility.

 2. The Medtronic Layoffs Message Board - Quote from thread: "Patient Monitoring is closing by June. Employees in San francisco and Philadelphia laid off." 

Another Medtronic forum that has seen a significant spike in visits focuses on restructuring and Medtronic's commitment to Value Based Healthcare. Many employees are concerned about what these new programs mean for them. 

 3. Medtronic Restructuring Update - Quote from thread: "value-based healthcare - In other words, cut headcount, cut salaries, cut bonuses, cut benefits, & offshore jobs to 3rd world countries.

Stop by the Medtronic forum and join the discussion.

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