• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Advertise
  • Subscribe

MassDevice

The Medical Device Business Journal — Medical Device News & Articles | MassDevice

  • Latest News
  • Technologies
    • Artificial Intelligence (AI)
    • Cardiovascular
    • Orthopedics
    • Neurological
    • Diabetes
    • Surgical Robotics
  • Business & Finance
    • Wall Street Beat
    • Earnings Reports
    • Funding Roundup
    • Mergers & Acquisitions
    • Initial Public Offering (IPO)
    • Legal News
    • Personnel Moves
    • Medtech 100 Stock Index
  • Regulatory & Compliance
    • Food & Drug Administration (FDA)
    • Recalls
    • 510(k)
    • Pre-Market Approval (PMA)
    • MDSAP
    • Clinical Trials
  • Special Content
    • Special Reports
    • In-Depth Coverage
    • DeviceTalks
  • Podcasts
    • MassDevice Fast Five
    • DeviceTalks Weekly
    • OEM Talks
      • AbbottTalks
      • Boston ScientificTalks
      • DeviceTalks AI
      • IntuitiveTalks
      • MedtechWOMEN Talks
      • MedtronicTalks
      • Neuro Innovation Talks
      • Ortho Innovation Talks
      • Structural Heart Talks
      • StrykerTalks
  • Resources
    • About MassDevice
    • DeviceTalks
    • Newsletter Signup
    • Leadership in Medtech
    • Manufacturers & Suppliers Search
    • MedTech100 Index
    • Videos
    • Webinars
    • Whitepapers
    • Voices
Home » Report: Medtronic to layoff employees in cardiac, vascular device divisions

Report: Medtronic to layoff employees in cardiac, vascular device divisions

May 6, 2019 By Fink Densford

Medtronic logo updated

Medtronic (NYSE:MDT) is cutting the headcount in its cardiac and vascular device divisions, including up to 100 individuals from its Santa Rosa, Calif.-based facilities that faced a devastating wildfire last year, according to a number of recent reports.

The Fridley, Minn.-based medtech giant has not yet released the total number of jobs that will be affected by the cuts, which the company claims are necessary to keep the company competitive, according to a Minneapolis Star Tribune report.

The corporate-efficiency program includes the elimination of up to 100 jobs at its Santa Rosa, Calif.-based facilities, according to a recent Press Democrat report.

Employees in Santa Rosa, which was hit by a devastating wildfire in October 2017, were told there would be between 85 and 100 cuts to help the company “remain competitive,” according to the Press Democrat report, which came from a source that wanted to remain anonymous to avoid jeopardizing future employment.

“There were people who were crying and really upset. People that have worked there for 20 years got laid off. My whole department is gone. Certain people kept their jobs, but the department as a whole doesn’t exist anymore,” the source said, according to the report.

The company currently employs over 1,000 employees in the Sonoma County area, including two facilities in Santa Rosa, and is one of the largest employers in the region, according to the reports.

A Medtronic spokesperson told the Minneapolis Star Tribune that cuts would be spread across various locations and job responsibilities, but declined to provide a total number.

The Star Tribune estimates that the number being cut in Minnesota is small enough that it would not trigger a requirement to notify state officials. The company did say it plans to cut jobs in Peoria, Ill., Portsmouth, N.H. and Columbia Heights, Minn., according to the report.

Earlier this month, Medtronic said that it won pre-market approval from the FDA for the CareLink SmartSync device manager for use with its cardiac rhythm management devices.

Filed Under: Business/Financial News, Wall Street Beat Tagged With: Medtronic

More recent news

  • Ambu wins FDA clearance for first single-use cysto-nephroscope
  • Tandem Diabetes Care pairs t:slim X2 pump with Abbott FreeStyle Libre 3 Plus in U.S.
  • Ypsomed, CamDiab to integrate Abbott dual glucose-ketone sensor into automated insulin delivery system
  • Johnson & Johnson MedTech launches new Volt plating systems for radius, humerus
  • PharmaSens, SiBionics collab on all-in-one insulin patch pump

Primary Sidebar

“md
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest med device regulatory, business and technology news.

DeviceTalks Weekly

See More >

MEDTECH 100 Stock INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.
MDO ad

Footer

MASSDEVICE MEDICAL NETWORK

DeviceTalks
Drug Delivery Business News
Medical Design & Outsourcing
Medical Tubing + Extrusion
Drug Discovery & Development
Pharmaceutical Processing World
MedTech 100 Index
R&D World
Medical Design Sourcing

DeviceTalks Webinars, Podcasts, & Discussions

Attend our Monthly Webinars
Listen to our Weekly Podcasts
Join our DeviceTalks Tuesdays Discussion

MASSDEVICE

Subscribe to MassDevice E-Newsletter
Advertise with us
About
Contact us

Copyright © 2025 · WTWH Media LLC and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media.

Privacy Policy