You must receive a written notice 60 days before the date of a mass layoff or plant closing if you meet the conditions discussed in this brochure. If your employer does not give you the required notice, you may be able to seek damages for back pay... — read more
When will be the Q3 earnings call?
Have not seen it published yet
This is what we have to look forward to
I expect about 4K, maybe 5. Once the cuts are made, the "leadership" will bring back more of those inane worthless comments. Work smarter not harder - what have we been working d-mb lately? Eliminate non value added work - you mean those... — read more
How about spinning to 4 company
May be able to save some business
3M Earplug Lawsuit Update
Settlement talks resume on October 3, 2022. https://www.millerandzois.com/combat-arms-earplug-lawsuit.html
Further Downside Ahead For 3M?
The challenging macroeconomic environment, including larger than expected FX headwinds, keeps negatively impacting 3M's financial performance. The full year guidance for 2022 has been downward revised, significantly. While 3M has outlined a... — read more
Recap: which sites and BGs have gotten the ax this week
This is like a E5 tornado swirling through a county before people had live news. Skies darken quickly and then BO-M. If your team hasn't been whacked, it will happen by the time miserable 3Q earnings are announced. Good luck to all. Lay low and... — read more
Hang in till next Friday
Shares will skip up to 125 next week so be warned get rid of them then, double digits the week after..markets going to be good as GBP Stering is helping
No motivation
This whole situation has erased my motivation and halved my productivity. I used to care how well the company did, but now I realize that the only ones who'll profit from 3M doing well are the C-suite. Employees never see any of the gains but always... — read more
650 jobs to go
EMEA..that's for starters. Happy Christmas Folks
The so-called leaders are quiet
What are they doing?
Some thoughts on leadership
"Perpetual optimism is a force multiplier." The ripple effect of a leader's enthusiasm and optimism is awesome. So is the impact of cynicism and pessimism. Leaders who whine and blame engender those same behaviours among their colleagues. I am not... — read more
Q3 could be very ugly
Inside and outside
3M's philosophy is outdated
Not sure if you can really "save" the company without more spins after the health care business. The world has changed and the 3M philosophy of "make a little, sell a little" at high margins is no longer relevant for most businesses. A lot of smaller... — read more
Another week, another dose of stressing and anticipation
When will this end?
For whom the bell tolls
With all due apologies to Hemingway, which groups are getting the Monday morning hackings?
October will be blow peoples mind
going to be a month to forget about for a lot of reasons, this will be particularly hard for European plants especially UK plants as energy prices will go through the roof. EMEA and North Europe will have a Russian Roulette (pardon the pun) style... — read more
New college graduate - Start in Dec?
Hi I’m graduating in Dec and have an offer to come to 3M. Wondering if I should still come, or look elsewhere? Seems there are a lot of issues.
So which groups and locations got cut this week?
Every week will be a bad week somewhere until mike and monish are gone.
MMM: Mediocre Management Mismanaging
MMM: Mediocre Management Mismanaging *Mediocre is too complimentary but I couldn't think of another work for Horrible that starts with M.
What was the last role MR was actually good at?
Just wondering how he was ever considered for the top job of a premier company. Did anyone here.ever work for or with him?
History does not repeat itself, M&M make it do.
No surprise M3 is becoming another GE. the person who ruined GE is ruining M3. Sadly, we all pay for it.
Yammer Support Group for 3M Employees
3Mer here. know this is a layoff commentary site but I just have to say I'm really enjoying reading all these threads and comments! It's been VERY therapeutic given the current state of 3M. One of the only reasons I've hung on as an employee this... — read more
Communications SVP Brian Henry is a textbook narcissist
Guy joins in 2020, and ki--s the spirit, health and well-being of his team. He does not miss a chance to put himself out front and his entire team loathes him. Obviously, he doesn’t know or doesn’t care. Given he’s a narc, he just doesn’t care. What... — read more
Do Options Change Employee Attrition?
I am really curious if anyone knows how significant the stock options are at JG14 and above (though with current conditions, one could argue about their actual value). In other words, are the options actually enough to entice people to stick around... — read more
Will 3M go below $100 after Q3 earnings call?
Looks like going to be big miss in Q3.
What's wrong with 3M?
A long discussion thread. Thoughts?
3M’s appeal of bankruptcy court ruling is key development to watch, Bank of America says
https://seekingalpha.com/news/3884934-3ms-appeal-of-bankruptcy-court-ruling-is-key-development-bank-of-america-says
Wolverine Worldwide, 3M to pay $54M in PFAS class settlement
LANSING, MI — Wolverine Worldwide and 3M will pay $54 million to Michigan property owners harmed by PFAS contamination under a proposed settlement in a class action case filed in the wake of the pollution discovery five years ago. If approved by a... — read more
More layoffs in Q1 and throughout 2003
Heard directly from a COC member’s mouth last month (confidentially and behind closed doors): “We need to shrink the center of the company significantly.” They already have names and titles in place for rounds of planned layoffs in Q1. They are... — read more
Legal Strategy
If you have the facts on your side, pound the facts; if you have the law on your side, pound the law; if you have neither the facts nor the law, pound the table. Thus far, Kevin Rhodes, 3M’s Chief Legal Affairs Officer, has done nothing but *pound... — read more
PIP has been management's go-to for a while
Pip has been around a while. Some bosses use it to document cases when they expect the employee to get fired, trying to cya if sued. Others pull them out only when being pressured to find someone to let go. In these cases, a pip is a career death... — read more
Small daily layoffs
Is it just me or are they laying people off daily but since they're doing it in small batches in different departments and locations nobody is noticing? We've seen several posts here about specific cuts in the past few weeks and I've heard of some... — read more
Still no CEO for spin-off?
How is there still no CEO named for the spin-off? If you look at historical data around other spin-off announcements all announced a ceo the same time as intent to spin. Yet nothing over here almost two months later? How can structures and decisions... — read more
Stock down over 100 in five years so are we winning?
When do we embrace the red?
Maplewood has been hit by layoffs, what about rest of MN
Haven't heard if the grim reaper has made his callings at cottage grove, Hutchinson, etc. Or if those places have been spared since attriction has already decimated the ranks. CRL needs a purging at LG14 and above and stop firing just the techs. — read more