Medtronic Offers Early Retirement as Industry Layoffs Intensify

While some companies have recently announced mass layoffs within medtech, Medtronic, over the last few weeks, have offered early retirement incentives to their employees as it seeks to cut costs before the end of its fiscal year in April. The company, which reported more than 95,000 employees worldwide at the end of its last fiscal year, has not yet said anything specific about potential layoffs.