Plants need to cut costs so we're being told not to bring in volume. With the conflicting metrics and communication from exec leadership, the end message is we don't value sales and we don't want more sales.

Are we keeping the corporate strategy group of MBAs? All the folks on the line, in the field, in the lab, etc, have to lose their job but all the coddled mba graduates that have accomplished nothing get to stay on qnd get their butts pampered so they... — read more 

The WARN Act requires an employer to notify employees, in writing, 60 days before a layoff, and pay the employee for those 60 days, in addition to any severance the employee may be entitled to. Unfortunately, some employers attempt to circumvent the... — read more 

Mike & gang should resign.

From Harvard Business Review: "If You Think Downsizing Might Save Your Company, Think Again" Firms often downsize because it is seen as a way to reduce costs, adjust structures, and create leaner, more efficient workplaces. But new research... — read more 

Just as Freddy made a living from Nightmare on Elm Street and many sequels, slashing and ki-ling people, Mike is doing his best in the 3M spinoff Nightmare on McKnight Rd. Freddy never ran out of people to scare and maim and even ki-l, Mike on the... — read more 

It will hit sooner than you thought!!

Anybody heard of "Advanced 3M" anymore? Leadership trying to cover up their extremely poor decision making with massive investments in SAP / business transformation with little to no benefit to the bottom line. There is a reason why leadership... — read more 

I'm a long time employee who's been retired a few years but can share a bit about the workplace psychology over the years when layoffs threatened. I spent close to 20 years in lower level leadership (never made it to the vaunted LG15 and up, but... — read more 

Leadership has made the bold and courageous decision to have production planners report into mfg plants…exactly where 3M was 2 years ago. Current leadership has us going in circles instead of moving forward.

The only constant under Mike Romans time in charge is yearly layoffs. 6 straight years of layoffs. Let’s make sure he gets credit for such an accomplishment. Anyone know his total number so far? And still growing too!

Coming out of the sourcing townhall, it seems clear that 'leadership' is also reliant on 3rd party consultants to direct where the organization should go. They have no clear vision and direction. No proper planning and alignment was done before... — read more 

3M total number of employees in 2021 was 95,000, a 0.01% increase from 2020. 3M total number of employees in 2020 was 94,987, a 1.22% decline from 2019. 3M total number of employees in 2019 was 96,163, a 2.83% increase from 2018. The most recent... — read more 

Well everyone who is looking blood red in their GESPP must be so proud Mike has "earned" a cool 250k per each dollar loss in 3M shares. Tireman is probably making decent dough and flying 1st class and eating like a Rockefeller on 3Ms dime... — read more 

Does anyone know percent white adult males over 35 will be let go?

I haven't noticed that people try to be more productive and do their best when in fear of layoffs. You? Moreover, I would say that they are more likely to decide on quite quitting.

What does typical Severance package look like for US employees?

https://minnesotareformer.com/2022/12/15/toxic-3m-knew-its-chemicals-were-harmful-decades-ago-but-didnt-tell-the-public-government/ You be the judge.

3M, the Minnesota Mining and Manufacturing Company, announced it would cut roughly 2,500 global manufacturing positions in a financial report on Tuesday, as chairman and CEO Mike Roman said the company expects “macroeconomic challenges to persist in... — read more 

🤡Do not touch work from home!

While laying off 2500 of its manufacturing skilled labor, 3M is promoting a DOCUMENTARY it made about the importance of skilled labor. No wonder the company can’t hit sales quotas. They’re too absorbed in making ironic documentaries to enter at the... — read more 

Severance is not required by law, so I'm wondering if there's a chance that the leadership (and I use that term very loosely) can decide to reduce the costs of layoffs by further reducing severance for those affected? That is something I wouldn't be... — read more 

As Chairman of the Board and Chief Executive Officer at 3M CO, Michael F. Roman made $15,222,046 in total compensation. Of this total $1,337,487 was received as a salary, $3,131,774 was received as a bonus, $5,250,960 was received in stock options... — read more 

Stock down 6.25% after 4q earnings call. Winning? Go back to approving ink pen requests....be sure to make sure Quality reviews the request to make sure it is indelible blue or black ink. It will take at least two JG 14 - 16 to make that decision. Is... — read more 

2500 is the ball park number but going by past cuts every year the last 6 years, the number will never be approx, the good news is that it always seems to be less than reported, so in these worrying times please help yourself if you are affected by... — read more 

I wonder how long it's going to take them to give us more info. Now that we know layoffs are coming and how substantial they'll be, chances are they're going to keep silent for weeks and let us stress and worry over it before they share any other... — read more 

https://www.reuters.com/business/retail-consumer/3m-profit-falls-charges-weakening-demand-2023-01-24/

During all my years at 3M I have never seen so many layoff or restructuring as I have since he has taken his corner office. Horrible leadership and has no idea how to run a company!!! when will the shareholders open their eyes and have this guy... — read more 

Layoffs in Hutch are just rumors. Ha. Writings on the wall. Time to face the music for all those who think that there will be none.

Daddy Starbucks is usually the type to laud these kind of layoff announcements as "efficiency." Has he made any appearances yet today, or has he too turtles up in his office like Mike? To the person wondering how much 3M is paying consultants like... — read more 

I've worked as an engineer in multiple 3M plants, and on projects in many, many more, so it's hard not to be particularly disapointed with such a short-sighted executive choice. In the spirit of transparency (a resource in short supply these days)... — read more 

Just announced 1/24

Can anyone tell me why Vale gets 25000 shares every year even through the pandemic.crazy

Heard 300 layoffs happening in Hutch. Supposedly an email coming out Monday.

How much longer do they get to make 3 bills churning out worthless ppt slides? sales team is laughing at this team of ppt slide clowns. Nobody can visit customers,budgets slashed everywhere, natl sales mtg cancelled, company is burning to the ground... — read more 

Out of curiosity, if management were to be extremely direct about their strategy do you think the response / moral would be better? I’m upset about the messaging because I know it’s not honest, rather than the overall situation we’re in… I can come... — read more 

Peter Gibbons is listening to this Outsource group named the Kearny Group on making cuts to manufacturing plants. He honestly has no idea how bad he is destroying value and capacity. Mike Roman isn't leading sh-t and would not know what leadership is... — read more