What will happen at Leadership Conference? Will it be exciting? Bold? Decisive? Will we be winning?
Who is the worst 3M CEO of all time and why?
3M's CEOs have included: Cross (1966–1970), Heltzer (1970–1975), Herzog (1975–1979), Lehr (1979–1986), Jacobson (1986–1991), DeSimone (1991–2001), McNerney (2001–2005), Robert S. Morrison (2005, interim), Buckley (2005–2012), Thulin... — read more
Exploiting Work your way
If Tireman or his secret agents is reading this, please stop Work your way program especially in the plants and regional teams. People are exploiting it and we can see many claiming work from home but resting. Let's be fair to the direct production... — read more
3M Earplug Lawsuit Update, Thu Dec 1
Thursday, December 1, 2022 Ever since 3M had its subsidiary, Aearo Technologies, file bankruptcy, the proceedings in the 3M earplugs class action MDL have been frozen by an automatic stay. Recently, however, a group of earplug plaintiffs filed a... — read more
Layoff affect in BGs
Are all BGs affected by layoffs? I see BGs has VPs then just Directors under them. That’s it. Is this always the same or entire teams under directors have been laid off?
Another voice of employee survey??
Just saw zoe d.i.c.k.s.o.n mail on the results of voice of employees survey. Full of c.r.a.p Apparently didn't get the answers they wanted to hear. So yet more surveys coming???
Raise timing and amount
First year at 3M, what a time to join! That being said, when is usual raise timing? And what are odds that raises are half of inflation this year?
shares
shares are going south today
3M Layoffs 2023
What are your thoughts about potential 3M layoffs? Any chatter, news or rumors?
3M Earplug Lawsuit News
November 24, 2022 Update: 3M subsidiary Aearo Technologies was recently granted an extension of the deadline to file its appeal brief in the 7th Circuit. The appeal challenges the decision of the bankruptcy court in Indiana which derailed 3M’s... — read more
Go Woke and Go Broke
"Spell the BEANS: Food on the table" - who creates this nonsense. Your internal ,for now, social credit score is being implemented at MMM.
why is Mm coming up short on pay
why is mining 3 not raising its pay to pay employees the market rate, been with the company for over 10 years and corporate policy is changing for the worse, we are doing things the wrong way a lot more now and good folks are leaving and being... — read more
Leaving before the end of the year
I've finally managed to get a nice offer and if things go as planned, I'll start the new year with a new job. I didn't always dislike my job at 3M, but the company has shifted its priorities drastically recently and I don't like what we've turned... — read more
Severance TV show
34 yr retired 3M - was on Exec conf for over 10 yrs, led many divisions in different businesses. Watched Severance on Apple TV...reminded me some of 3M. Trying to isolate employees, pretending to be force for good when really pretty bad ethically... — read more
3M Company Stock Still Overvalued
Nov. 22, 2022 2:09 AM ET By Bela Lakos Summary While 3M has lost about 29% of its market value year-to-date, we still believe that the company's stock is overvalued. The macroeconomic headwinds, the potential costs related to legal claims and the... — read more
Litigation And Economic Cycles Dominate The 3M Discussion, But There Are Longer-Term Growth Issues To Consider
Nov. 21, 2022 1:38 PM ET By Stephen Simpson Summary 3M posted poor results for the third quarter, even relative to low expectations, as the company showed below-average pricing leverage and weak volumes. Guidance reinforces 3M's weak leverage... — read more
Wee Pete calling the shots now
Wee Pete (aka TireMan ) is calling the shots now, MR and his team are moving sideways into the Healthcare where profits and more importantly , shareprices will be nice for his big payoff in a few years, $127 not going to cut it for MR, will start... — read more
Missed this one… Why is MR called Tire Man on this site?
Must have missed something in a prior post Or is it someone else? Asking for a friend. :)
Stop the whining and get back to work!
From an LG15+ employee, you are wasting your lives by complaining as if you are working as plebes in Qatar when you are in fact among the best paid and well treated employees in the world. Pi-s poor behaviour. It's easy to spot your type at work as... — read more
Salaries
Does 3M actually pay people in different countries drastically differently? If you are a sr manager in emea or lat am, do you make less than a sr manager in the us? Then if you get sent to the us do you get a huge raise? So if youre a 14 in mexico... — read more
COBRA questions
I was laid off and now my prescriptions are sky high. How do I sign up for Cobra? Also, do I sign up for Cobra until I find another job and end it then? Or is there a better option for me? Any advice or direction to the right person to talk to?
Concerned about Ethics and Culture at 3M?
There is a lot of news about Diversity and Inclusion and, at the same time, about layoffs and lawsuits. The military earplugs didn't work and permanently injured many of our veterans. The "forever chemicals" pollute drinking water and invade people's... — read more
Why is 3M not getting rid of it's flurochemical business
Why is 3M not getting rid of it's existing flurochemical business. It continues to pay millions of dollars in fines, e.g. state of MN in 2018 and recently in Belgium and the state of AL in 2022 for issues related to PFAS. It will continue to... — read more
3M Announces Upcoming Investor Event - Nov. 30
ST. PAUL, Minn., Nov. 17, 2022 -- 3M (NYSE: MMM) today announced the following investor event: Credit Suisse 10th Annual Global Industrials Conference on Wednesday, Nov. 30, 2022. Mike Roman, chairman and chief executive officer, will speak at 9:30... — read more
Do any 3M executives read this site?
If so, what do you think of the commentary here?
How can our CEO receive a 40% pay increase since 2021, while entire teams are being cut in the US and sent to the GSC?
Answer: Roman and his consigliere Patolawala are self-serving, retrograde, criminals who DO NOT care about anyone but themselves. Why did Roman get a pay raise? Papa needs a new yacht. 🛥
Q4 EO townhall
Here are the top "liked" Q&A from the audience. Not sure if they are answered though.
"Exciting" times, huh
So whenever Mike and his crooks say their BS tagline "This is an exciting time for 3M" , "I am very excited for this change" blah blah, what they really mean is "h3ll yeah time for another layoff!". These guys are so insensitive and no empathy at... — read more
3M viewed as potential activist target after 13F filing (update)
3M (NYSE:MMM) may be the target of an activist investor following a 13F filing from Morgan Stanley. https://seekingalpha.com/news/3908648-3m-viewed-as-potential-activist-target-after-13f-filing
Playing survivor at 3M
Gone are the days when someone got their foot in the door they would ultimately retire from 3M. Under current CEO, a new tradition has emerged of yearly reorganizing to drive growth and results. The continual revolving door of knowledgable... — read more
The new title structure
A prototypical 3M division will be roughly: 1 Division President 3 - 6 Vice Presidents as division functional heads (marketing, sales, laboratory, manufacturing, etc.) 15 - 40 Directors (portfolio functional leaders, area division leaders... — read more
Is BG Ops going under EO?
Let's see tonight CEO huddle
Waiting for shoe to drop
Taking stock of current layoffs so far: LSS - 100+? APAC - haven’t seen an estimate What’s the next shoe to drop as cost cutting measures go up? Seen rumblings about LVS
Cold Hard Truths - Subtle signs that you may be on the chopping block!
😯 For better or worse, your performance is tied to your boss's performance so you could be vulnerable if your boss is transferred, fired, demoted, or forced to retire... — read more
November 14
Heard the announcement to the affected APAC employees will begin this week of 14Nov. Not really a good time for their departing Christmas season. Thanks to M&M leadership. Can anyone confirm this?
3M veterans earplug lawsuit judge rebukes ‘deceptive’ MMM attorneys over ‘personal and provocative’ attacks
12:25 (UTC), 10 November 2022 In a court filing, Judge Rodgers has said that it is “paradoxical” for 3M to make Aearo take all the blame and “strategically steered into bankruptcy” while asserting it has no liability itself in the... — read more
3M Grades / Titles / Salaries
There are some exceptions, but for the technical functions and general management it runs like this: Salaries are US center point numbers, total cash pay (base salary plus target bonus, not including stock options). Percentage of bonus increases as... — read more
3M is up 24 dollars in one month!
Dear Mike and Monish, You have been marvelous (queue in Billy Crystal). Hopefully you have not let people on this website bring you down and listen to their negativity and incessant whining. You've done what very few leaders could have done under... — read more