Medtronic lays off employees at Coon Rapids research lab

Medtronic, a Minnesota medical technology company, laid off employees Wednesday at the company’s Physiological Research Laboratories in Coon Rapids, Minn.

An employee who works at the lab confirmed the layoffs.  He said about 20 people were let go Wednesday morning, and he was laid off later in the day. He asked to remain anonymous.

Erika Winkels, senior director of public relations at Medtronic, said in an email that “these decisions are never easy, and we are taking great care to treat all impacted employees with dignity and respect. Medtronic will follow fair, consistent processes and provide comprehensive transitional resources to impacted employees during this time.” 

Medtronic did not provide details about how many people were laid off.

Medtronic specializes in the development and manufacturing of medical devices. It’s one of the world's largest medical technology and solutions companies.

In February, the company reported a profit increase in the third quarter of its 2025 fiscal year with $8.3 billion in worldwide revenue. 

This is a developing story.