Ouch

Finally something good. BH wasn’t delivering much, and was at the SVP level. Hopefully the CIDO will be next!

So Moni is slated to speak at the next investor conference on Nov 8. Here we go again. Another round of negative warnings followed by massive destruction in shareholder value. NEVER LET THE ACCOUNTANTS SPEAK IN PUBLIC OR REPRESENT YOUR COMPANY! Bean... — read more 

I wasn't keen on spending 2 hours only to hear vague responses.

After 25+ years at 3M, my position was eliminated last year. I am now ready to go back to work. And I am only interested in working at 3M. How does one find a contract position at 3M?

We all know that 3M grows primarily with new products, generally products launched in the last 5 years. While MR have been the architect for all the big structural changes (SAP, Advance 3M, Spinco), the HUGE glaring problem is growth. And that falls... — read more 

I was eliminated after 31+ years at 3M (was not able to retire - not 55). In early October was offered a one year contract job within 3M Remain Co. I accepted the position with a start date of November 1 or before. This week the hiring manager... — read more 

In yesterday’s earnings report, MP mentioned a good part of restructuring expenses being pushed out to Q4 because of country specific laws. Well, I just heard that 3M China layoffs are happening now. A sad day for my former colleagues in China. — read more 

When commenting on overall market softness for consumer products, Mike Roman said, "There is a broader story around consumer retail for us, the shift you have spending from discretionary products in areas like food and experience kinds of spending... — read more 

Just read the news. A great third quarter should mitigate any layoffs. Congratulations all.

ST PAUL, Minn. (AP) — ST PAUL, Minn. (AP) — 3M Co. (MMM) on Tuesday reported a loss of $2.08 billion in its third quarter. On a per-share basis, the St Paul, Minnesota-based company said it had a loss of $3.74. Earnings, adjusted for non-recurring... — read more 

Well done M&M Continue the cuts......

Honestly wouldn’t mind staying at 3M for the long haul (however long that will be at this rate) , but I’m wanting to branch out from my current position ( would stay in same job grade). Out of every 20 3M applications, I’ll get maybe one real... — read more 

Todays video is on McKinsey. https://www.youtube.com/watch?v=AiOUojVd6xQ

Time to start sending Mike some congratulations on your retirement everyday wins!

I posted a while back and said I escaped and would do a Q&A thread for those interested. Well, here is that thread. The rules: I'm still going to keep my identity vague. I will say I was at least director rank when I left 3M and had worked at... — read more 

October 17, 2023 Scammers are attempting to defraud claimants involved in the $6 billion settlement related to 3M combat earplugs, which are alleged to have caused hearing damage. Judge Rodgers issued a warning about fraudulent actors posing as... — read more 

I am sure enough of us already dread the outcome from this call. What is going to be announced?

I'm too scared and I'm a big enough man to admit it. But if I get laid off, it will be like getting my prison sentence commuted. So now, instead of dreading layoffs, I'm low-key hoping we have another round as soon as possible.

Had anyone else noticed that while the number of jobs posted for RemainCo is already slim, it seems like a good number of them are being reposted? Are people so afraid of taking a new job right now that we can't even fill open reqs?

Stock price is low, staff motivation is low, sales are low, and rumours abound.... where does the decline stop?

Extended CEO huddle coming to discuss strategy, performance and path ahead. Two hours is a long huddle - what’s coming next?

Any thoughts of the synergy - how will EHS improve under ESC CBG leadership?

So, I've noticed some strange positioning going on that seems to have started suddenly. Any actual layoff news happening?

Don’t expect positive surprises

I admit that I am young and inexperienced, and I am pretty new to the company (less than a year). I have found many experienced employees were let go and I struggle regularly with finding information, documentation or even who to contact. I wanted... — read more 

Every day it drops… just my colon.

Insulet Corp (PODD.O) said on Tuesday Wayde McMillan would step down as the medical device maker's chief financial officer, effective Oct. 20, to join 3M's (MMM.N) healthcare business. McMillan would join 3M as the financial chief of its healthcare... — read more 

3M's Ultrathon Aerosol is Adulterated with Cancer-Causing Benzene..... Class action alleges. Bloomfield et al v. 3M Company. If you bought that in the company store, you might want to throw it away.

Get ready for it. M&M going to open their mouths to investors again.

Front and center on the WSJ home page, for all the world to see how the mighty have fallen. https://www.wsj.com/business/3m-innovation-scientists-lawsuits-contamination-5a48d46f?mod=hp_lead_pos7 Without paywall: https://archive.ph/qorxS — read more 

Does anyone have any knowledge of further redundancies in EMEA for Q4, zero communication coming through but I anticipate the usual December year end employee notification in time for Christmas

It's been a a month or so since last update. I would say not heavy travel, but all on just one jet. The prior weekly DC trips seem to have stopped. N73M: A short loop flight (test?) in New England based out of Springfield, MA Hasn't flown since... — read more 

This is undeniably ridiculous. The executives of this organization should be ashamed. This once great company is about to be brought to its knees and we will be the ones picking up the pieces

Reading other posts asking this question, I thought I’d ask it again in a new, separate post. Lacking any other defenses or strategies stated by the company,, is 3M Executive Management and the BOD shorting the stock? We need full disclosure of... — read more