Medtronic employees recently reported a new round of layoffs, with one saying the job cuts span the devicemaker's entire organization. Revenue increased 3.6% to $32.4 billion (slightly higher than analysts’.
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Medtronic Earned $1.3 Billion, Or 99¢ Per Share, Off Of $8.1 Billion In Sales For The Quarter Ended On Jan.
The bottom line was up 8.8% and the top line was.
Medtronic Said It Is Laying Off A Portion Of Its Workforce.
After cutting costs earlier this year—including through a rolling wave of worldwide layoffs—medtronic is starting off its 2024 fiscal year with reports of single.
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The jobs were part of mazor robotics, a firm that medtronic acquired in 2018 for $1.6 billion.
Revenue Increased 3.6% To $32.4 Billion (Slightly Higher Than Analysts’.
The star tribune’s burl gilyard reports medtronic is starting a round of layoffs.