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Home » Medtronic plans job cuts in California

Medtronic plans job cuts in California

April 30, 2024 By Jim Hammerand

Medtronic logoMedtronic (NYSE:MDT) is eliminating 44 jobs in Carslbad, California, according to a mass layoff notice filed with the state.

The permanent job cuts take effect starting on or around May 19 at 2101 Faraday Ave., Medtronic told the California Employment Development Department.

FDA records list that address as a facility for Nellcor Puritan Bennett Corp., a respiratory monitoring and ventilator brand that Medtronic acquired when it purchased Covidien.

In 2022, Medtronic said it wanted to spin off the Medical Surgical portfolio’s Patient Monitoring and Respiratory Interventions businesses, but no buyers emerged.

Instead, Medtronic said earlier this year that it planned to exit the ventilator market, saying the move would eliminate up to 40 jobs in Ireland. At the same time, Medtronic said Bob White, an EVP and president of the Medical Surgical portfolio, was leaving the company in a new round of reorganization.

Former Respiratory Interventions President Ariel Mactavish left Medtronic in March. Before announcing her departure, she visited the Carslbad facility, saying she was “proud to have worked with the men and women here who have passionately promoted the best respiratory care for patients around the world.”

Layoffs in medtech: These companies recently reduced their workforce

In March, Medtronic told the California Employment Development Department that it  “developed plans to restructure and relocate certain operations at the facility.”

Medtronic’s notice listed affected job titles that include R&D engineers, software engineers, mechanical design engineers, systems engineers, electrical engineers, and roles in human factors design, product planning, projet management, marketing and cybersecurity.

“Medtronic continually evaluates its operations and aligns our resources with our highest strategic priorities,” a spokesperson said in an email to MassDevice. “As part of those efforts, the company will reduce roles across our global workforce. These decisions are never easy, and we’re taking great care to treat all impacted employees with dignity and respect. Medtronic will follow fair, consistent processes and provide comprehensive transitional resources to impacted employees during this time.”

Medtronic is the world’s largest device manufacturer when ranked by revenue, but it’s unclear exactly how its employment levels have changed through recent reorganizations because it does not disclose precise employment counts.

Medical Design & Outsourcing: Pay drops for Medtronic CEO and the median employee; bonus plan changes

Filed Under: Business/Financial News, News Well, Respiratory Tagged With: Covidien, Medtronic, Nellcor Puritan Bennett Corp.

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About Jim Hammerand

Jim Hammerand is the managing editor of Medical Design & Outsourcing. He has more than two decades of journalism experience spanning newspapers, magazines, websites, live events, radio and TV news. For nearly a decade, Hammerand reported and edited business news for American City Business Journals as a reporter and digital editor at the Minneapolis/St. Paul Business Journal and then managing editor of the Puget Sound Business Journal in Seattle. He holds a bachelor’s degree in journalism from the University of Minnesota. He is based near Seattle, Washington, where he and his family live. Connect with him on LinkedIn or by email at [email protected].

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