Would love to hear any success stories or guidance to those more recently impacted.
Vale Update… Check the Judy records
https://www.judyrecords.com/record/nxu8o6g7pbde8 So for 20 years this clown has been an executive “leader” at one of the most ethical companies in the world…???
Layoffs, Vale, more bad news, voila! Time for some PR hype!
3M newsline hawks must have been sitting on a feel good story to lighten their day when the bad news turned worse with Vales firing (bad news for him and Roman). So today we get a story about a Malawi couple who are big into innovations and get a... — read more
Are they still interested in growth?
Perhaps my impression is wrong, but it seems to me that the leadership no longer has any plans for the growth of the company nor particularly cares about it.
CLASSIC
Anyone else notice that nearly ALL recent promotion/management announcements are for white men?
Layoffs in RemainCo
Are we done with the layoffs in RemainCo or more coming ? Stock price is at $98 .. Those ( managers/ executives) who are having options will not leave 3M because of the value being zero.. Stick here for decades to come ..
A3M now unraveling
Now that the regional division structures and unraveling and the resources (those not cut) are being pulled back into the divisions, is there a date set when the division VPs (particularly in SIBG) can make a public announcement about how ignorance... — read more
Have we had enough of Vale-related threads?
We have more important things to worry about, such as pending layoffs. I don't care anymore why he was kicked out. He's gone. Everything that could have been said was either already said in one of the many posts about him or it can still be said in... — read more
Vale’s termination - preempting public release of info
The more I have thought about this, which is a great distraction from the sh-t show that is my job at 3M, the more I am convinced it has to be something criminal and they were preempting a public fallout: Rob Cessena was actually NOT fired right... — read more
3M Values
Remember when we all had to know those and their spurious examples. I think it has been at least three years since anyone has uttered that phrase and it shows. Sure makes letting 8,500 people go easier. LOL
Newest greatest soap opera debuts: As the 3M World Turns
Just stunned what has happened across the board with thus company compared to 1980s and even 1990s. Horrifically bad and clueless management. Terrible treatment of employees. Massive litigation being mismanaged by an incompetent legal department... — read more
We don’t really know what happened
This post will likely get a lot of troll commentary that I won’t read. While I agree this company and culture are a disaster, I don’t think it’s fair to drag Vale’s name through the mud when we don’t know what actually happened. Seems like that’s the... — read more
Inside Story on Mr Vale - Me-two movement or something
Folks, Any idea on the Inside Story on Mr Vale - Me-two movement or something.
How has Monish not been fired?
If Vale is out, why not Monish?
3Ms fall from grace
With the recent firing of a senior level...to be honest not the one we were all hoping for MR (not to name any names lol)! The negative way 3M has been in the news over the past recent years...what a disgrace and so sad. Once an admired top... — read more
Nice change
It's good to see somebody from the leadership go through what so many ordinary employees had to go through. For once it's not us being unceremoniously dismissed, and I'd lie if I said that didn't make me smile. I could get used to this, even if I... — read more
It looks like the stock is gonna go below $100
If you are planning to retire soon this is not good news.
If you had power, if you were the CEO, how would you change 3M?
Which changes would you introduce? What'd would you focus on first? Are there any parts of the business that you'd leave unchanged? Any people change? Oh, that llst of questions is so long ;-)
The Wall Street Journal
Paywalled: https://www.wsj.com/amp/articles/3m-fires-longtime-executive-citing-inappropriate-personal-conduct-bc1c58a1 Non-Paywalled Archive: https://archive.is/ZoYGv Text: 3M Fires Longtime Executive, Citing Inappropriate... — read more
Just like "Game of Thrones"
Every week a new episode. In the most recent twist, the king is gone. Let's see how things play out.
Vale Driving Peeping Bob’s getaway vehicle?
I have to assume that the internal and public announcement related to his dismissal was to get out in front of a bad news story. There was a good stretch of time when former VP Robert Cesena’s disgusting and scary, albeit not work related, stalking... — read more
Has there been ANY internal communication?
Besides an email probably regurgitating the public announcement, has any verbal or written communication happened today? What are the bosses saying? Even your local boss? Has Mike R made an appearance? Tireman? Monish? Zoe? Lavers? Can't believe... — read more
Layoff's don't really work for shareholders
https://fortune.com/2023/05/15/mass-layoffs-terrible-for-shareholders-cost-saving/ Projected and realized cost saving benefits are degraded, and often don't meet plan: Severance costs Contractors hired Retained staff demand... — read more
Where is the Board???
So the company is obviously in free fall and the departure of Vale would suggest there is unethical behavior at the highest levels of the company and probably differences of how to fix ( if it can be ) the company. The Board needs to step in and Fire... — read more
3M share price - next stop
What will be its next stop? With all the bad news about 3M leadership succession
Of course
Why not get rid of one of the few guys left in upper management who seemed interested in doing the right thing and who knew what he was doing? That fits perfectly into this "leadership's" incomprehensible agenda (and I use the term leadership very... — read more
What a cluster F! Can things get worse?
Vale was named to a role that made him heir apparent CEO just three weeks ago. Not that people loved the guy but he was one of the few "tell it like it is" people around. So, really, Mike and Monish and Board (yes, talking to you too) do you expect... — read more
Any guesses for Vale's departure?
Inside trading? or a fight?
Emea man and supply chain layoffs?
Just a thread to discuss this. Heard any rumours?
How ironic if some laid-off 3Mers end up at Kearney
I wonder where people are going to end up when the trimming/slashing is done (this round at least). Sure, competitors will snap up some of the talent but not all of it. 3Mers could definitely outclass some of the Kearney losers that have swarmed on... — read more
GSC CR layoffs
I've heard that last week GSC GC was hit with layoffs, but I don't have any details - anyone could shade some light?
3M is truly screwed once job market improves and people start quitting in droves.
I see a pattern where younger workers are getting hunted down due to lay offs and older folks are ready to retire 2-5 years from now. Only thing keeping a lot of people from quitting now is bad job market once that is improved, 3M is screwed big... — read more
3M automation
Just like Mcd and Walmart, 3m's new push is replacing employees with robotics.
STOP Managing Safety Through Games, Gimmicks, and Circus Like Events!
If you are LEADER, stop managing safety in such amateur way. No more slogan contests, safety Bingo over the PA system, or signing "commitment banners" hung on the wall. This starts with eliminating the latest gimmick "Safety Always." If I were a... — read more
I don't remember a worse period
I haven't been here that long, but in the few years that I've been here, I don't remember a worse time than now. You? I'm disappointed because I think it could have been a lot better if the leadership had made the right moves.
Retirement?
Retirement? I don’t know if I should retire from 3M or continue into SpinCo. I have my “tentative” SpinCo email. I love my job but I’m of the age I could retire. Financially is why I continue working. Has anyone have insight for retirement... — read more