Cuts coming for Medtronic employees
Go Deeper.
Create an account or log in to save stories.
Like this?
Thanks for liking this story! We have added it to a list of your favorite stories.
Fridley-based Medtronic is planning to cut up to 500 jobs in its cardiac rhythm disease management division. The medical device-maker says a prolonged slump in sales of its heart defibrillators is driving the cuts.
Those who work in the cardiac rhythm division are being offered the option of retiring early, taking a buyout package or transferring to another area of the company.
MPR's Cathy Wurzer talked with Tim Nelson who covers Medtronic as an analyst with the investment firm Piper Jaffray.
Turn Up Your Support
MPR News helps you turn down the noise and build shared understanding. Turn up your support for this public resource and keep trusted journalism accessible to all.
