Most vague layoff pass down I've heard. Literally 1 sentence of going lean with no details. Transparency is jokes. Apparently all the $hit management levels and worthless positions here wasting money are immune because we have growth in our plant... — read more 

Even with the minimal bump in stock price from the layoff news, most people must be in red to blood red performance. Thanks M&M boys!

any info on this? CEO Mike Roman and Executive Vice President Human Resources Zoe Di-kson will be visiting EMEA next week for a Dialogue Townhall Session at 3M Germany in Neuss on Wednesday, May 3, from 09:00 to 09:45 Central Europe Time

Never forget that the people losing their jobs have to go home to their family. This isn't a joke - these people aren't a statistic that boost your profits by $900 million. These are real people with real dreams and families. Your incompetence as a... — read more 

https://www.axios.com/local/twin-cities/2023/04/25/3m-layoffs-600-maplewood-minnesota How is it we get more info/transparency from a random news outlet than we get from leadership?!

Aren’t there a lot of R&D rooftops ous ? Good rationalization oppty once wwok is shut

Besides more cut

Knowing that a bunch of execs are at the conference and drinking heavily during "networking" time. They are likely reading these posts and commenting what ungrateful bstrds we are for posting here and feeling this way. Probably collectively... — read more 

Is it based on age? years of employment? education? level? salary?

Found this on the Ford layoff forum and thought people here would appreciate their message. Many similarities between what's going on here and Ford, although they don't have the lawsuits 3M has. https://www.thelayoff.com/t/1mjbqi93 I thought I'd... — read more 

Heard he was full of stories and excuses but always an interesting character. Hasn't EO already been slashed badly enough? Not sure what's left to cut. Any MBBs still around? Tireman, how's the scotch this evening. Planning on another podcast with... — read more 

3M revenue under various CEOs. The numbers indicate that both McNerney and Buckley were much superior. Not surprisingly, Roman brings up the rear. McNerney (2001 - 2005) 2001 - $16.1B 2005 - $21.2B Average growth rate - $1.28B/year Buckley (2005 -... — read more 

Copied from the published Q1 2023 Earnings Call transcript: Mike R: "We are reducing rooftops worldwide, including exiting our conference center in Northern Minnesota." I've personally been there 2-3 times for customer events and rewards trips. ... — read more 

Unfortunately, it wouldn't be a huge surprise if the number was much higher. What do you think?

Let's see what happens. Also upvote if you are rating positively, downvote if you are rating them negatively.

Heard a one hit wonder song today from world party called ship of fools (Save me from tomorrow). You can add the Board to the ship and the business acumen would go down even further. Good luck to all, save us from tomorrow!

I am wonder when affected people will be notified, if they haven’t been already. What is the time line? Also how were you notified? Email? Meeting? Snail mail?

Can we stop with the constant townhalls with the same slides and no answers ! Who has had a mtg or conversation that actually had answers ?

MR mentioned that senior management jobs will be cut. I am calling bull...on that statement. It has never been done in the last 20 years and will not be implemented now. Top management jobs are always safe, come what may. 3M intranet announcement... — read more 

Leaving employees in this much uncertainty is a terrible way of managing layoffs. What do they expect? That we will be productive and focused on work while we are wondering if we will soon be out of a job?

While the leadership changes announcement make it sound like Mike Vale is being positioned to take over the reigns after Mike Roman is asked to retire, I believe the BoD will choose an external leader to run the company. The last two... — read more 

I don't trust our leadership at all. Therefore, I do not believe that the target will be those who are incompetent and do not add any value, but precisely those whom the company should not lose. The selection of targets is always problematic here... — read more 

With applause, smile, and jokes. Like a celebration.

Studies have shown lay offs don’t support stock even through a quarter. We need more unions- most People live paycheck to paycheck while executives make millions and pretend to care that they’re cutting thousands of jobs- most of which are... — read more 

I don’t care about the fluff just give me the specifics- am I safe or not? Jeff L and karrie i don’t care how you FEEL about letting people go while making millions.

If your one of the 6000, who calls to tell you? Is there an HR team making the calls (that job must suck), or do we hear from supervisor or division leaders?

Given all the threads asking for changes in leadership, I thought I’d take a moment to share my confidence in CG moving into the new SIBG Group President role. In many direct and indirect situations I’ve found CG to be a very thoughtful and... — read more 

April 20, 2023 Update: A bankruptcy judge in Indiana is hearing or-l arguments this week on a motion to dismiss a controversial bankruptcy filed by 3M earplug subsidiary Aearo Technologies. The bankruptcy court has already refused 3M’s request to be... — read more 

Kodak went from having amazing products and excellent employee benefits until it went of course in the late 1980s. The early and mid 1990s were filled with an endless string of layoffs in the thousands, often two or three a year. Is this company far... — read more 

Yes, all level managers, do your jobs! The bottom feeders will deliver once you stop validating your importance and stop the internal politics!

With the lack of trust in executive leadership, we have the ability to all come together to send a message through our votes. While each of us may only own so many shares of 3M stock, now is the best time to exercise the right as a shareholder and... — read more 

I wonder why we applaud them and clap our hands in these town hall meetings. Senior Management have zero ethics, accountibility, or respect. Can we stop applauding them in future town hall meetings to send a symbolic message from the commoners in... — read more 

CEO huddle or CTO huddle? Both seemed clueless, giving non answers to almost every question asked.

There was a question on R&D productivity from a Wall Street analyst this morning. They have caught on that R&D is faltering, and they are right. The basic problem is this: 3M has fully misplaced its R&D resources on the wrong type of... — read more 

Any guess on what 700 acres with miles of shoreline in northern MN fetches these days? Wonewok has been under scrutiny for decades, and they've finally shut it down & will begin marketing it soon. Jimmy Mac wanted to sell it in the early '00s until... — read more 

This news release contains forward-looking information about 3M's financial results and estimates and business prospects that involve substantial risks and uncertainties. You can identify these statements by the use of words such as "anticipate,"... — read more