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Medtronic RTG Layoffs

Rumors of layoffs in early 2018, spring timeframe.

Who else is hearing the same?

Timeframe?

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June 2018

When Medtronic has a RIF, Reduction in Force of a specific team, is it unlikely the team will be rehired in another capacity in another BU? Sent 20 cover letters/resumes to jobs and have had one "obligatory" phone call. Is it policy that they don't rehire? Just trying to understand what's going on.

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Why will there be layoffs in patient monitoring and diagnostics in Q1?

June 2018

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100 percent correct. I just got laid off from GIS MITG in North Haven CT. We had to train our replacements who are working in the Philippines. Manager fired people for no reason so we didn't get a package.

if you were laid off because of outsourcing you should qualify for special benefits through your state, free education etc. File a petition before it's too late.

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I disagree, there are tons of problems in RTG.

A breakdown of RTG should help clear that up:

  1. Spine & Biologics (Sofamor Danek),
  2. Pelvic Health & Gastro
  3. Ear, Nose & Throat (Xomed)
  4. Pain Therapies
    1. Stimulation
    2. Targeted Drug Delivery (Drug Pump)
    3. Interventional
  5. Brain Therapies
    1. Enabling Technologies (Surgical Navigation)
    2. Neurosurgical Technologies (Advanced Energy, tissue ablation)
    3. CSF Management & Critical Care (Hydrocephalus, and Neuro-Critical Care)
    4. Brain Modulation
    5. Neurovascular

Spine being the biggest problem.

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What position were you in? RTG is a $7.4 billion business for medtronic. I haven't heard of any problems that would justify layoffs in Restorative Therapies.

I disagree, there are tons of problems in RTG.

A breakdown of RTG should help clear that up:

  1. Spine & Biologics (Sofamor Danek),
  2. Pelvic Health & Gastro
  3. Ear, Nose & Throat (Xomed)
  4. Pain Therapies
    1. Stimulation
    2. Targeted Drug Delivery (Drug Pump)
    3. Interventional
  5. Brain Therapies
    1. Enabling Technologies (Surgical Navigation)
    2. Neurosurgical Technologies (Advanced Energy, tissue ablation)
    3. CSF Management & Critical Care (Hydrocephalus, and Neuro-Critical Care)
    4. Brain Modulation
    5. Neurovascular

post

100 percent correct. I just got laid off from GIS MITG in North Haven CT. We had to train our replacements who are working in the Philippines. Manager fired people for no reason so we didn't get a package.

What position were you in? RTG is a $7.4 billion business for medtronic. I haven't heard of any problems that would justify layoffs in Restorative Therapies.

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100 percent correct. I just got laid off from GIS MITG in North Haven CT. We had to train our replacements who are working in the Philippines. Manager fired people for no reason so we didn't get a package.

Terrible. So sorry. What role were you in that you had to train replacements in the Philippines? I would think if you were laid off to be replaced with cheaper labor then Medtronic had to give you a package....? Either way GIS is turning into a nightmare.

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100 percent correct. I just got laid off from GIS MITG in North Haven CT. We had to train our replacements who are working in the Philippines. Manager fired people for no reason so we didn't get a package.

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Divestiture or layoffs?

**No divestiture. Layoffs

And are we referring to RMS or CRDM?

***RMS is all I have heard. CRDM could be the safest in all of Medtronic.

thank you for the specifics here. not a surprise given the numbers in this division this year. assuming this will affect field sales (VPs managers reps clinicals) as a whole?

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Divestiture or layoffs? And are we referring to RMS or CRDM?

Divestiture or layoffs?

**No divestiture. Layoffs

And are we referring to RMS or CRDM?

***RMS is all I have heard. CRDM could be the safest in all of Medtronic.

Show Language

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Soon. Shortly after the start of Q1

Divestiture or layoffs? And are we referring to RMS or CRDM?

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Soon. Shortly after the start of Q1

Why will there be layoffs in patient monitoring and diagnostics in Q1?

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Please share any other information you have heard or do hear. I cannot sleep at night because of these rumors and my other friends throughout the country have been feeling the same way for months. You don't have to name locations or names. We just want to know what could happen so we can plan. Thank you.

Soon. Shortly after the start of Q1

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I've heard from a reliable source that Patient Monitoring and Diagnostics is first up on the chopping block..

Please share any other information you have heard or do hear. I cannot sleep at night because of these rumors and my other friends throughout the country have been feeling the same way for months. You don't have to name locations or names. We just want to know what could happen so we can plan. Thank you.

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Around when they will have layoffs in patient and monitoring?

Ugh, and who? Sales, corporate, all?

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