Topics regarding layoffs at 3M

Topics regarding layoffs at 3M

Slow AF

Supposed to be busy this time of year. No sales. Slow in the plants. Imagine that? Guess that's what happens when you permanently tarnish your rep and cut sales force. Quiet quitters are marching your stock down to zero. Su-ks to su-k.

I feel like this needs repeating

HR is only loyal to the company. Never trust HR. A friend just learned this lesson the hard way. Don't make his mistake and take your grievances to them. You'll only be putting a big, red target on your back.

LTI announcements

On the same day 3M announced JG14 & 15s will take a pay cut and no longer receive LTI compensation, 3M gave JG16 & 17 an additional bonus. In essence, 3M took away from 14s & 15s and gave it to 16s & 17s. Do more, with less, and here’s a pay cut... — read more 

8th Worst CEO

Bill Brown CEO approval rating: 30% Company: Harris Corporation Glassdoor company rating: 3.0 / 5.0 Tenure as CEO: 5 years William Brown, who has been at the helm of aerospace and defense contractor Harris for nearly five years, is one of... — read more 

Return to office

Will Billy remove WYW and ask all employees to return to office? He Will make the hard decision just like the LTI case

JG 14 & 15

Call to arms: on the 14th and 15th of every month or the fridays and mondays that surround them we do no productive work other than to pretend to work to keep up appearances. 50% effort on the 12th and 13th for the folks they sc--wed before us... — read more 

The good news keeps coming…check your paychecks!

3M paying back nearly $1M in overpayments improperly deducted from employee paychecks https://m.startribune.com/3m-paying-back-nearly-1m-in-overpayments-improperly-deducted-from-employee-paychecks/600363360/

LTI

Wondering if Moni could do a little bit more to make sure no one stays at 3M their whole career. Thanks for the parting gift MR.

Final weekend

How would Mikey celebrate his final weekend in his tenure as CEO? Must be feeling really relieved. Scotch with Tireman anyone?

3M recalls 40,000 defective earmuffs

Classic 3M problem of product failures in the field. Quality Management Systems have recently taken a back seat except for HC and their positive influence is gone. Product failures are expensive, hurt credibility and will result in even more layoffs... — read more 

Too much management travel

Too many cuts due to SG&A as a percentage of sales. If travel and headcount are part of SG&A, please stop all this recent middle management travel, use all the remote options of WYW and protect jobs. Are you really efficient because of travel, or... — read more 

Bill Brown Resume

Bill Brown CEO approval rating: 30% Company: Harris Corporation Glassdoor company rating: 3.0 / 5.0 Tenure as CEO: 5 years William Brown, who has been at the helm of aerospace and defense contractor Harris for nearly five years, is one of... — read more 

Did the term 'Value Stream' survive?

Although I was on the business side of things, I watched the idea of 'value streams' replace 'manufacturing' in the Advance 3M days. I never understood what they meant, and haven't thought about them for a second since I left over a year ago. But I... — read more 

Lull before bad Q?

Feels like a typical lull before bad quarterly earnings results. Poor NPI, quiet in corporate roles, slowdown in the plants. See anything that contradicts? Assuming more annual cuts coming and looking for any signs for optimism

How visible are the senior leaders?

It during times of change like these (Roman Empire is being flushed on May 1) where a new boss comes aboard that "leaders" try to put on a show, acting like busy bodies. Many saw this when Jimmy Mac of GE infamy came aboard Dec 2000. A few refused to... — read more 

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| 1720 views | | 7 replies (last April 22, 2024)
Post ID: @OP+1s83Hp2t

3M Experience

Does anyone have an employee experiences they would like to share. Personally I think this latest initiative will fall flat without the company acknowledging the missteps it is responsible for over the past several years. Ego’s will need to be... — read more 

3M may be poised to cut its dividend — and break with a 64-year tradition, says analyst

MarketWatch By Ciara Linnane Company is grappling with legal settlements and a slowdown in growth and margins that are making its dividend difficult to sustain 3M Co. may be poised to reduce its dividend after a multi-year slide in its stock price... — read more 

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| 1140 views | | 6 replies (last April 19, 2024)
Post ID: @OP+1s65XmFx

How was Q1?

Any sense for how last quarter went? Seeing anything in corporate or plants that gives any indication of how we did, or what to expect next?

RSUs disappear in Fidelity?

A few weeks ago I noticed that the unvested RSUs in my Fidelity account disappeared/weren’t visible. I figured it was due to the Solventum split and associated stock changes. However, I just checked and I still can’t see any of my RSUs in my... — read more 

Legal shakeup?

Sounds like top guy is out, and cannot replace with ERM leader because of co-worker relationship? Who is next in line now?

3M Quietly Closes Foundation

3M was one of the first companies in the country to establish a charitable foundation in 1953. But in 2022, the Maplewood-based company quietly closed its foundation. While 3M says their public generosity won't shrink without a foundation, some... — read more 

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| 1880 views | | 8 replies (last April 17, 2024)
Post ID: @OP+1s3Dfykp

TEBG

Is TEBG being broken up? Ashish left in Q4 and still not replaced, with rumors of divisions moving into SIBG and CBG. Anyone hearing anything about BG reorgs?

Ageism

I was recently removed from a project under the pretext of "not being able to adequately adapt to 3M Technology." This has left me contemplating retirement from precious Mother Mining. It's disheartening to feel sidelined based on a perceived... — read more 

LAYOFFS AT 3M CLINTON

ARRIVED TO WORK TODAY AND WAS NOTIFIED MY SERVICES ARENT NEEDED ANYMORE. THEY LAID OFF 6 3MERS AND KEPT TWO CONTRACTORS WHO ASSISTED US IN PLANT OPS THIS COMPANY DOESNT CARE ABOUT US AMERICANS👎🏻👎🏻👎🏻

Forced to Return to Office

Hello, I recently started working at the big M this year. A friend of mine who referred me to the company also referred me to this website. Recently, My Sr. Manager required my group to return to office, Tuesday- Thursday. I first started working... — read more 

Paying for Recognition

Love when you get recognized by upper management for going above and beyond, but your recognition requires you to pay for it. Because your $500,000 salary compared to my $50,000 means I should pay. This company is a joke and I am just biding my time... — read more 

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