2016 Spinal RIF

Discussion in 'Medtronic' started by anonymous, May 1, 2016 at 7:57 AM.

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  1. anonymous

    anonymous Guest

  2. anonymous

    anonymous Guest

    slow growth, shrinking margin, stock down, $800 million synergy saving goes on, .... approaching fy end.. more cut coming?
     
  3. anonymous

    anonymous Guest

    hope its a good quarter or I'll be looking
     
  4. anonymous

    anonymous Guest

    My question is about the motive of desperation in raising numbers- is it a Hail Mary tactic or true leadership trying to rally the troops? I'd say Hail Mary
     
  5. anonymous

    anonymous Guest

    Plans are being finalized for another spinal RIF at the end of Q4. Marketing and engineering will get hit, as usual. Sales comp will get 'adjusted' in order to achieve corporate objectives.
     
  6. anonymous

    anonymous Guest

     
  7. anonymous

    anonymous Guest

    Get back on the Nuvasive board you purple weenie eater. MDT spine is doing just fine. How were your last couple of earnings? Sorry we don't have any openings for you to come back.
     
  8. anonymous

    anonymous Guest

    This is a ridiculous question. Doesn't matter what the motive is, you better hit your number $hltbag.
     
  9. anonymous

    anonymous Guest

    That time of year again. Question is not if it happens, but how bad it will be. Fear index on annual rise. Hope for the best and prepare for the worst. How much longer having to put up with this?
     
  10. anonymous

    anonymous Guest

    It's going to be bad this time. They will find a way to cut comp.
     
  11. anonymous

    anonymous Guest

    Warsaw, Indiana currently laying people off this morning. Cost savings. Worst leadership ever at that facility. Especially in operations. At all levels.
     
  12. anonymous

    anonymous Guest

    Lol... you really should be angry about your 6.5% commission rate. If you could sell, you would be getting a lot more points somewhere else.
     
  13. anonymous

    anonymous Guest

    Spot on!

    I would jump ship if I was onboard. They're milking it for all it's worth and what's left. It's pretty clear...spine is the loser and cuts will come in all shapes and forms. All the new products are half ass copies of the innovating leaders. Good luck and don't get too addicted to the Kool Aid.
     
  14. anonymous

    anonymous Guest

    Agree. As bad as you pointed out, we are still hanging on for various reasons. None of them has to do with loyalty, because we have not been shown any in the past several years. It's hard for any company to succeed when employees are constantly concerned if they will still have a job tomorrow or whenever their project is complete. One way to survive the annual chicken game festival is to get tied to as many projects as possible and drag them out. Sad.
     
  15. anonymous

    anonymous Guest

    Early retirement offer before another RIF?
     
  16. anonymous

    anonymous Guest

    Always looking to make more for Omar and his friends
     
  17. anonymous

    anonymous Guest

    Warsaw big hit two weeks ago. Other sites looming with the same.

    Innovation is not even part of the discussion for strategic objectives. It's about to get much worse.
     
  18. anonymous

    anonymous Guest

    innovation is a luxury when management goes quarter by quarter. Apparently the best quarter in 6 or 7 years makes little difference. Bracing for the next round.
     
  19. anonymous

    anonymous Guest


    Sad sacks of greedy shit.