On the Record · Medtronic
Medtronic layoffs, on the record
Every job cut, severance charge and restructuring Medtronic reported in its annual reports, 2024 to 2026, quoted from the filings.
Job cuts, severance and restructuring
None of Medtronic’s annual reports for 2024 to 2026 describes a layoff, workforce reduction or restructuring.
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2020-04-24 | $462 million | $427 million |
| 2021-04-30 | $539 million | $486 million |
| 2022-04-29 | $335 million | $378 million |
| 2023-04-28 | $647 million | $433 million |
| 2024-04-26 | $389 million | $453 million |
| 2025-04-25 | — | $273 million |
Medtronic filed 1 restructuring notice (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Medtronic’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-06-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.