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Anonymous said:
+2. 980 is in the shitter. My guess is RMS will be sold to GE or Resmed. Ppl that generated bad karma will get def theirs, especially if whistle is blown (if it hasn't already). Could cause a major niggle in the deal.

Only ppl that will win in this are senior Covidien execs and institutional investors. Most ppl will lose, have to deal with a shitty situation and lot of uncertainty for 12+ months, pain of the integration aside. There will be redundancies and strategic misalignments. Businesses will be sold, people pushed out voluntarily or involuntarily, and epic backstabbing (common Covidien pass time) to keep jobs.

MDT does believe and act in patients' best interests, in some cases at the expense of the business. Be nice to have someone at the helm that isn't an ops engineer that makes decisions purely on numbers and lives the platitudes preached instead of treating it as a necessary evil.
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If any of you truly believe MDT isn't about the numbers than I have some beach front property for sale in Wyoming.
 






Anonymous said:
If any of you truly believe MDT isn't about the numbers than I have some beach front property for sale in Wyoming.
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Of course numbers are important, they're publicly traded companies and this is a sales to forum. Having been been involved in and witnessed significant strategic decisions made by leadership in both companies, MDT thinks longer term and the culture is more patient and physician oriented.
 












So what is the general consensus here? Think they will clean house of the sales force? Merge product lines and eliminate more reps? Or do trends reflect cuts being more internal?
 
















































I guess Medtronic really respected the money over patients mentality of covidien. A new evil empire rises. The mass job cuts are unfortunate, but you have to respect the legal tax evasion. At least for those left standing the new contract leverage will allow us to hold our flagship products at a premium price while forcing further compliance on our mediocre lines.
 






Minimal damage will be done re reps and managers.

The companies really don't overlap and everyone is just speculating at this point as to what will happen. The higher ups in Ma is a different story. "It’s expected that there will be some synergies in headquarters jobs, and the companies will address that as part of the integration planning,” said Covidien vice president Peter Lucht.

"Medtronic chief financial officer Gary Ellis today said the cost savings from the Covidien acquisition will come initially from combining administrative and back-office operations and later from the consolidation of manufacturing plants and information technology systems around the globe."
 




































Covidien top mgmt. from its inception preached "bigger is better" non-stop to their masses. The employees chugged the Kool-Aid. So once bitten twice shy. People are walkin' on egg shells now. I really feel for those good hearted workers with large families, large mortgages, college or private school tuitions for their kids, dependents.
 






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