I know many are losing their company cars , and rumor is when SpinCo happens there will be no company cars ? Can anyone confirm this?

not investible

I've been actively searching for new job opportunities. Most of the job applications I've come across ask if they can contact my current employer. Typically, I wouldn't have an issue with choosing "yes" for this option. However, this time I'm not... — read more 

theere is very little inveested in plants nowadays. a lot of equipment is held together by literally duct tape. we are so short staffed that our maintenance guys take out 3 bolts and put 2 bolts back in. everything in our plant is falling apart. the... — read more 

Is that something you still believe is possible?

What are the ways in which 3M can save money that doesn't include laying off employees? I guess we can sell more stuff, but that does nothing for those who work in the sold segment. What else is there to do? I'm genuinely curious about this. Are... — read more 

I noticed someone posted interesting chat in this Old thread “DoNot-Join - NewCo Healthcare” so brought this forward. See original here - Post ID: @5bzy+1mQNg42X It seems pretty obvious what has happened thus far: Remainco told the HCBG "Pick the... — read more 

Leaders that have never led at these levels! Catch phrases like “consumer centric” but with Leaders that don’t understand consumer business. Reduction of divisions leading to lack of focus and lack of business through prioritization! Lack of... — read more 

3M Co. struck a tentative settlement of at least $10 billion over water pollution claims tied to “forever chemicals,” according to people familiar with the proposed accord, the largest PFAS pact in the US and one of the biggest mass tort deals... — read more 

I can't think of a good argument why we need as many of them as we have now.

When 3m is so cheap to invest in production amenities like ac or restrooms for employees. Got to save pennies on energy bill and let labor intensive production sweat it out till they have medical issues, feinting, or possible death from hitting... — read more 

https://finance.yahoo.com/news/3m-heads-trial-existential-143-110000116.html

Tireman has spent millions of 3Ms $s on consultants to restructure, because he is in way over his head in his current role. Just so happens, tiremans son works at the very consulting agency which he hired and paid millions to. There needs to be an... — read more 

Those of you who had pension plan I . Did you take the lump sum and roll it over into an IRA or leave it with 3M. I personally don’t trust 3M to not mess with it somehow so I’m going to roll it over but I was just curious what others are doing with... — read more 

A few years ago there would have been alarm bells ringing everywhere, the minute businesses went below 20% OM’s and HCBG was always premium with high 20’s … look just where the company is now 17% total and not a business over 20% … healthcare became... — read more 

Is 3M being preemptive about a recession? Taking a drastic cut in order to appear recession resistant compared to its peers? Q1 wasn’t absolutely horrendous which is what made the restructuring more surprising. My thought is that leadership is quite... — read more 

I have no faith in this company anymore. No trust for the leadership. No confidence that my job will exist in a year. I want to leave. But I'm not one of the ones that were laid off; I can't simply add the green "Looking for Work" circle to my... — read more 

Saw that two new SVPs poached from IAC Group. Any relevant experience they could bring to transform 3M?

Does anyone know how many employees have been let go who were over 50 but not yet 55, with Pension Plan 1? The VP mandated my director eliminate me (age 54) vs an employee age 59 because 3M can save more if the employee is not able to retire. I... — read more 

Only thing that will boost stock right now is if Mike Roman would announce retirement. That and announcement for a successor. It would be a short boost but it would help.

The economy might not be in a recession yet, but the number of layoffs continues to rise and with it, the number of unemployed people. In this environment, laid-off workers are going to have a hard time finding new jobs, and many will be out of work... — read more 

It was a cost cutting measure plain and simple. There is no plan to restructure to make things more efficient or do what your job description says. They eliminated key roles without any idea how to offset the workload. They talk about increased focus... — read more 

Major skills: building a story in front of the upper management cooking the SFDC Experience: seasoned management professional with 22 yrs of experience with one company.

Anyone else had enough of all this? I'm ready to resume business as usual. I just want to jump back in and turn things around.

Any of the laid off folks having a decent experience with Right Management and I just got stuck with a dud for a coach? Can you recommend your coach if so so I can switch to a better one? I'm trying to have a good attitude about this, but it has... — read more 

60 new positions

Just keep winning The so-called leadership team is surprisedly quite.

Surprised there was no post about this. Anything worthwhile mentioning come from it?

List any interesting for discussion here

Seems like the Vale stories have slowed down. What's the latest?

Stock price 83 No companywise layoffs but BG reconstruction 2500jobs Keep winning Better position Trust the process

3M was a mess, from top to bottom. Most of the time we had to guess what we were supposed to be doing because we were not given proper info, and our boss couldn't care less. Everything was awful, and it still gives me nightmares sometimes. I wouldn't... — read more 

I knew it. The post has been censored and removed

But there are less and less of us who do… Or am I wrong? People are frustrated by the constant bad moves of the leadership and even those who were most loyal no longer care about the future of this place.

Hearing rumors that lots of unwanted people are packed & packaged into this healthy business so that these “People Liability” are transferred to new Books and can be taken careOf i.e; DoNot Join if you have a choice. Else good luck.

After 32 years at 3M, I retired almost 5 years ago. Took the lump sum, moved my 401 to an investment firm and sold most of my 3M stock. My only tie to mother mining were options I held. Stock was at $250/share then and I mistakenly thought I would... — read more