Layoffs?

Closing factories will save big $$. “Manufacturing Clusters”. Too many Covidien facilities, look for major consolidation.

 

VBHC you’re probably next on the chopping block. No one has even mentioned this acronym on the last 60 days

 

Ha ... Covidien plants are making money, MDT in MN needs to take a huge hit. too many people playing on Zoom meetings in their PJ's
RMS is making bank money.
Would not to be a middle manager or director right now

 

What BU is this in?

 

Start with solution and strategic sales.

 

RMS is already pretty thin personnel wise. Think they are going to get hit?

 

Wonder what is gonna happen with RTG.

 

Who gives a sh*t, that division is horrible.

 

Yes, cut that in half. Cut VBHC down 75%. Cut marketing 20%. So much fat in the headquarters not helping with customers or products.

 

I agree get rid of RTG, they finally got out of consent decree they caused by numerous screw ups and recalls, poor management and lots of brown noses and infighting. By the time a rare new product gets released, it is all ready obsolete.

 

what levels will be cut? I am wondering if the layoffs arr Director level and above.

 

Spine cut all levels, engineers directors, mid level mgt, admins,etc. based on town halls more to come. Just a matter of time before they move spine to Colorado

 

I heard Marketing across the BU's is up next for a RIF.

 

Has there been any sales cut anywhere or just management, home office, etc?

 

Thank Roy G and his merry RVP followers for this situation.

 

Middle managers are the most hit.
SVP, VP and Sr. Directors.

Wave of resignation emails about to start or continue... hang in there tho, more announcements are coming Later this week.

Field sales should be able to weather this, sales are needed to push products, maybe the roles will switch to virtual ones to clear mo’ mahhgins Ebit baby!

 

Home office in most divisions. Geoff's reorg of businesses seems like it's aligning with sales channels, so don't see too much change in the field, maybe some reshuffling.

Once our sales takes off in China they'll add reps there, learn Mandarin.

 

RTG needs to lose Brad E (RVP) and profits will go up. He gives everything away to customers then blames the reps for not making deals profitable. Rules by fear from his condo in the mountains. True bully with no class or talent.

 

Try Tate in NC as well. These guys are horrible.

 

Any more shoes dropping? Neutron Geoff has to make EBITA...