Based on news reporting.
Medtronic plc has laid off 81 employees as part of its transition related to the spin-off of its diabetes business. This decision comes as the company restructures its operations to focus on its core areas. The layoffs are part of a broader strategy to streamline the workforce during this significant business transition. The affected employees were notified recently, and the company is working to support them during this change.
Medtronic plc cut 81 jobs as of October 1, 2023.
That is roughly 0.1% of the 95,000 people Medtronic plc employs.
LayoffTalk has tracked 7 layoff events at Medtronic plc since October 2023, affecting a combined 2,624 employees.
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