I saw a comment in one of 3M's posts saying: "3M soon to be Honeywell - talks going now" is there any truth behind this or just a troll comment?
3M Earplug Lawsuit Update: 10/26/2022
October 26, 2022 Update: 3M asked Judge Rogers permission to file another motion in on the successor liability motion for summary judgment plaintiffs' lawyers filed in the Wave 1 cases. See October 11, 2022 update below. Yesterday, Judge Rogers... — read more
3M ranks #35 on Forbes World's Best Employers list
It feels like the 2022 Nobel Prize winners in economics...
Over 120 for the 1st time since early September
Should Mike and Monish take a bow for growing shareholder value?
3M Earplug Lawsuit Updates - 10/23 & 10/24
3M EARPLUG LAWSUIT UPDATES: October 24, 2022 Update: 3M wants to pretend that Aearo is a seperate company from 3M. But it can't muster the energy to even pretend. Aearo wanted to hire Kirkland & Ellis as bankruptcy counsel. But that same law firm... — read more
Industrial giant 3M exploring hemp to overcome an urgent pollution challenge
https://hemptoday.net/industrial-giant-3m-exploring-hemp-to-overcome-an-urgent-pollution-challenge/
As an investor, I hate everything about 3M right now.
As a former employee I am so sorry for all the employee has to suffer right now
3M lowers full-year forecast on dollar impact, uncertain economic environment
Oct 25 (Reuters) - U.S. industrial firm 3M Co (MMM.N) on Tuesday cut its full-year revenue and profit forecasts, expecting to take a hit from rising inflation and shrinking overseas earnings due to a stronger dollar. Shares of the company were down... — read more
3M Reports Third-Quarter 2022 Results
Q3 Highlights Company reports GAAP earnings per share of $6.77. Adjusted earnings per share of $2.69, excluding the impact of special items. Sales of $8.6 billion, down 4 percent year-on-year, which included impacts of negative 1 percent from... — read more
After lousy 3rd quarter results, more cuts coming
No doubt 3M will publish some Friday afternoon announcement about "rationalizing" its global footprint, meaning 1000s more will see the exit stage right. Are they any 50+ crowd left who are just hoping for a package to leave. Your wish may become... — read more
3M Stock - Worst Performance In 48 Years
The last time 3M stock performed this poorly was 1974. Gasoline was $0.53 per gallon and Gerald Ford was POTUS. Will anyone in senior “leadership” be held accountable? Will the earnings call on October 25 be anything other than happy talk? Mike... — read more
Oppenheimer's Ari Wald on 3M: More attractive opportunities elsewhere
https://www.msn.com/en-us/video/other/oppenheimers-ari-wald-on-3m-more-attractive-opportunities-elsewhere/vi-AA13krgi
Today CNBC
Commentary on mmm - check it out ; not highly complementary
🤡Alan Amron Post-It™ Note Inventor $400M Lawsuit
I'm really worried about this too. Alan Amron launched a further suit against 3M, suing them in federal court in Fort Lauderdale, asserting that 3M were wrongly claiming to be the inventors, and seeking $400 million in damages. Amron said, "l just... — read more
3M: Risks Likely Baked In (10/23/2022)
Oct. 23, 2022 12:11 AM ET https://seekingalpha.com/article/4548328-3m-risks-likely-baked-in
Will share price tank below $100 after Q3 earning call?
With the multiple head winds and poor outlook, anyone thinks share price will dive below $100 this week?
Keep looking
Whether there will be more layoffs or not, never stop looking for that next job. If you're still at 3M a few years from now when things go completely to he-l, you'll only have yourself to blame. Use this time to get out of this hellhole and your life... — read more
How to file for retaliation
How do you file for suspected retaliation? Where do we report it?
Did any teams get "right-sized" this week?
Another 1990s buzzword. Right sizing. Yeah, right! Only for people below LG14. I haven't any buzz this week, maybe HR is planning for a big DEI Halloween bash and didn't have time for walking long time employees to the gate. Good luck to all (who are... — read more
Settlement Administrator Angeion Group Announces Proposed Settlement in Wolverine and 3M PFAS Class Action (10/19/2022)
The Defendants have agreed to pay fifty-four million dollars ($54,000,000) into a Settlement... — read more
DuPont, Chemours, 3M Sued by N.C. Attorney General Over PFAS (10/19/2022)
Another lawsuit … https://news.bloomberglaw.com/environment-and-energy/dupont-chemours-3m-sued-by-n-c-attorney-general-over-pfas
3M Is Sailing Into A Severe Storm (10/20/2022)
https://seekingalpha.com/article/4547728-3m-is-sailing-into-a-severe-storm
3M Company Is Approaching The Point Of Maximum Pessimism (10/20/2022)
3M Company (NYSE:MMM) declined 35% year-to-date and clearly underperformed the S&P 500 (SPY). And not only did the stock underperform the broader market this year, 3M Company is constantly declining since 2018 (for almost 5 years now). Factoid: Mike... — read more
Before the Train Wreck
I’m planning a separate thread that contrasts the day I was hired to the day I was layoff 40 years later! Stay tuned! Fantastic topic in 3M’s career experience decline. Sprinkled with facts, data, anecdotes and humor. It will be like Animal House... — read more
More positions to move into the GSCs?
There are rumours from several sides that even more positions are planned to move towards the GSCs, just 300-600 in EMEA/Poland alone. Anyone heard the same or can confirm?
Rumor says plants closure in Q4
Do not know where
Enough said
https://www1.salary.com/3M-CO-Executive-Salaries.html
Are 3M D&I priorities creating reverse discrimination for hiring decisions and leadership promotion?
I think the title speaks for itself. 3M has always been a company that lives at the extremes of the pendulum. I am a believer in D&I and equality for all, but not at the expense of others. Thoughts?
Next Chapter…
https://example.com/5evwv3ct
Fortune 100 Best Companies to Work For® 2022
https://www.greatplacetowork.com/best-workplaces/100-best/2022
15 Signs It's Time To Quit Your Job
Signs it may be time to leave a job There are many valid personal and professional reasons to leave a job. Below are fifteen common signs that it's time to quit your job. You are underusing your skills. You are not following your passion. The... — read more
3M Wins Quicker-Than-Normal Process to Appeal Bankruptcy Loss
BySteven Church October 13, 2022, 8:56 AM CDT https://www.bloomberg.com/news/articles/2022-10-13/3m-wins-quicker-than-normal-process-to-appeal-bankruptcy-loss
News From Law.com
The Eleventh Circuit on Wednesday stayed what 3M called an "unprecedented and impermissible" injunction order by a federal judge overseeing 230,000 combat earplug lawsuits in Florida. U.S. District Judge M. Casey Rodgers' order prohibited 3M from... — read more
Federal court will hear 3M appeal over earplug lawsuits
By Mark Reilly Managing Editor, Minneapolis / St. Paul Business Journal Oct 13, 2022 Updated Oct 13, 2022, 3:05pm CDT https://www.bizjournals.com/twincities/news/2022/10/13/3m-appeal-aearo-bankruptcy.html
Who is more worthless
CMO (chief marketing) team or segment marketing team?? My vote is cmo slightly more of a joke but both bs artists
That spend with Forbes must cost a bit
https://www.forbes.com/lists/worlds-best-employers/?utm_campaign=socialflowForbesMainLI&sh=2d67e3bd1e0c
Enterprise Operations - Sourcing Restructuring
Heard that there are some major restructurings within EO sourcing department in the works. Anyone heard anything on it? Seems like there will be some redundancies there.
Enterprise Operations - Sourcing Restructuring
Heard that there are some major restructurings within EO sourcing department in the works. Anyone heard anything on it? Seems like there will be some redundancies there.
Are the cuts done in Minnesota?
Haven't heard any buzz this month. Maybe people like Vale got ahead of the curb and just got it over with, that is until the 1st quarter 23 wave.
EMEA redundancies
17 redundancies announced at Atherstone, not long now til full Plant closure