Topics regarding layoffs at 3M

Topics regarding layoffs at 3M

Where Will 3M Be in 1 Year?

The company's dividend payout could be under threat. Management appears to be growing profit margins again as it restructures the company. 3M's end markets could improve in 2024, but it could get worse before it gets better. One thing is... — read more 

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| 2911 views | | 6 replies (last December 11, 2023)
Post ID: @OP+1pUdJN0R

CBG Town Hall

Scheduled today for tomorrow. Any idea the announcement?

Some observations

This page tends to have about 20 regular posters. At least half are former 3Mers, the rest are primarily upset current 3Mers. Meaning of the regular posters on here only 10 current 3Mers (from 80,000ish). On average a post has around 2000 views... — read more 

ESC town hall video - tone def

Anyone notice how SVP of chem ops could not even say thank you to her team without reading notes. Same with SVP of business supply chain, reading from a script. They Can’t even make a recording sincere, no wonder employee surveys results were so... — read more 

TLO Su-ks

This site is BS, they are clearly controlling the narratives!

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| 1670 views | | 5 replies (last December 2, 2023)
Post ID: @OP+1pOWK5sh

It's really disheartening to see 3M crumble

All that untapped potential going down the drain, people having to endure so many hardships, and the whole greed factor - it's unfathomable. It's not just about the financial downfall, but the toll it's taking on us as employees. Witnessing it... — read more 

Lot of whiners here

I agree that 3M isn't perfect. It might even be on the way down. But to read the threads here, it's nothing but people who have left the company years ago complaining about how mean their boss was. I'm certain that not every manager at Mother M is... — read more 

Promotions and Pensions

How much of a bump in pay can be expected with a promotion? What %? What is typical for worker bees? I know I'm beating a dead horse here but is there any sign of life around a pension decision for RemainCo or Solventum??? Major life decisions... — read more 

Retaliation

Has no end at 3M. Seems they're finding any excuse to cover up their sh-t and get rid of more people at plants. Ethical is laughable at this corrupt, disgusting company. I'd be ashamed to sleep at night.

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| 1820 views | | 3 replies (last November 27, 2023)
Post ID: @OP+1pItLtNt

Quarterly connection forum

Seems they just started the quarterly connection forum, claiming to bring employees together. Free food as well! Anyone think this will be sustainable to engage the employees, or it will die a natural death?

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| 1910 views | | 5 replies (last November 29, 2023)
Post ID: @OP+1pGfktia

Solventum (SpinCo is finally named)

U.S. industrial conglomerate 3M said on Thursday its independent healthcare business would be called Solventum following its spinoff. 3M disclosed plans to spin off its healthcare business into a listed company last year, in which the U.S. industrial... — read more 

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| 1880 views | | 2 replies (last November 22, 2023)
Post ID: @OP+1pG6eBWW

Momentum does not mean nimble

Something with high momentum is usually the opposite of nimble. It's a total facepalm that they proudly drew that false equivalency (momentum = swift/nimble) in the first couple sentences of the press release. They should consider a PR strategy... — read more 

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| 2570 views | | 8 replies (last November 21, 2023)
Post ID: @OP+1pD10rOe

As the ship starts to take on water

I was offered a job with SpinCo about two months ago. It would have been working for someone that I really detest. Having just emerged from a 2-year abusive boss relationship last May, it really felt far too soon to go into another one of these... — read more 

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| 2680 views | | 2 replies (last November 17, 2023)
Post ID: @OP+1pClTr1M

New Name

How much time did they spend to come up with this ridiculous name, Solventum ? Honestly, if this is the best name they can come up with, I fear for their future. Probably millions of dollars down the drain for a d-mb name.

SpinCo updates?

Any updates on SpinCo timelines and activities? It seems like it should have a name registered by now, but not familiar with when it would be needed. I heard recently that there is something called silent recruitment happening, which I’ve never... — read more 

Hiring freeze

Is there a hiring freeze at 3M? We've been begging for several positions to be filled for nearly a year with no luck. I can't believe it's taking that long to find adequate candidates. Our manager always has one excuse or another for why those... — read more 

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| 2540 views | | 7 replies (last November 17, 2023)
Post ID: @OP+1pBFBFVc

3M isn't the place to build a future

When the big solution to all the problems is just handing out pink slips, you can't help but see how clueless and desperate the leadership is. My tip for everyone is to dust off your resume and start exploring new job options. I've already got the... — read more 

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| 2520 views | | 7 replies (last November 16, 2023)
Post ID: @OP+1pAKjf82

Middle management

Middle management and layers were mentioned heavily leading up to cuts at corporate back around April/May/June. This sounded great, but seems like many cuts were to those on the front lines that knew stuff and did things, and there is still too... — read more 

Consumer Business

Financials look horrid for consumer business. Holiday sell in off. Retail reporting earnings this week and don’t look good.

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| 2400 views | | 4 replies (last November 13, 2023)
Post ID: @OP+1pzGD0KR

3M cuts

More cuts announced in EMEA this week, almost certainly a continuation of previously announced cuts. It is very emotional. Does anyone know when the announced cuts will be completed? Honestly thought we survived them, but maybe more still coming?... — read more 

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| 3330 views | | 8 replies (last November 16, 2023)
Post ID: @OP+1pyU5aJr

Changes under this CEO

How many COC executives have resigned to join other companies (not retired) since CEO took over in 2018? Shows lack of confidence?

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| 2230 views | | 3 replies (last November 11, 2023)
Post ID: @OP+1px16AeV

No More Jet Updates

Just FYI, there will be no more jet updates. The site admins have erased my latest update and it looks like they erased all the others too. For your own tracking purposes. https://globe.adsbexchange.com/ The last three tail numbers are N73M... — read more 

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| 2340 views | | 6 replies (last November 10, 2023)
Post ID: @OP+1pvkewdw

This ship is destined to sink

If 3M keeps going the way it's headed, it's basically going to shrink down to just a skeleton of its former self. We will come to a point where it can't even function properly and then it will collapse and drag down whoever is left along with it. If... — read more 

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| 2530 views | | 6 replies (last November 11, 2023)
Post ID: @OP+1pvLi3DH

How are things going?

How are things going without half of the MTE’s? Seems like laying off so many of them may have been a huge mistake!

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| 2030 views | | 7 replies (last November 10, 2023)
Post ID: @OP+1puDpxQB

Executive Committee (posting without names)

Now that I have lost my net worth - and daughter's tuition - we can all look back at the thousands of lab colleagues, business and supply chain friends who lost their jobs due to team performance - fired in 50s, bullied/pressured out, etc - but there... — read more 

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| 2540 views | | 9 replies (last November 8, 2023)
Post ID: @OP+1pum0gXp

Senior leadership movements

Looking at this month's announcements, looks like there are many executives hired from outside. Also, there seems to be many role expansions of the SVPs and VPs. Cost cutting measures?? Or these people can actually load on more??

EPR is becoming a joke!

I launched a product this year and my score rank seems to be a "Meet". What is MR's EPR score?

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