Product based company with worse than service based company attitude - SAP Consultant Medtronic Employee Review

Medtronic India is said to be product based company with complete mentality of service based. All the managers are from service based companies with their never changing attitude as if they own the company. Indian IT center is opened to save cost but the director wants to save more than required to get his award for Cost optimization from CEO which he got last year. and managers want to save cost to impress director with more ideas. They are cutting cost in every aspect, in terms of people too. People with more experiences and salary are being targeted every quarter and being terminated. SAP team is shrinking in every angle and given all routine activities with no challenges or exposure. They mainly focus to give the work to contract employees which makes it more suspicious. All benefits are being taken away slowly, hikes are less(Sometimes no hike). Working in medtronic india is like walking on a sword with fear of when you would be asked to step down.