Topics regarding layoffs at 3M

Topics regarding layoffs at 3M

Can the damage be undone or not?

I'm wondering, has this leadership managed to completely destroy this company, or is there a way to undo at least some of the damage? I personally think we're too far gone. Even if you put the best people in charge (and we all know none of the best... — read more 

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| 1390 views | | 6 replies (last September 10, 2022)
Post ID: @OP+1iDI2TPe

Nobody I know regrets leaving 3M

I don't know one person who left and felt like they made a mistake afterward. I know there are many people who are scared to quit considering the state of the economy but trust me, things can only get better. I'm considering taking a job that pays... — read more 

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| 2200 views | | 3 replies (last September 10, 2022)
Post ID: @OP+1iDZ1TbV

New Lawsuit plus $82 Billion payout now for earplugs

Funny how this was failed to mention in Huddle https://www.bloomberg.com/news/articles/2022-09-01/3m-should-be-blocked-from-health-care-spinoff-new-suit-argues "3M Co. should be blocked from spinning off its health care business and paying... — read more 

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| 1620 views | | 8 replies (last September 8, 2022)
Post ID: @OP+1iCgHxki

TSD layoff

Any updates on whether there will be any layoffs in the TSD Division? Just a worker bee here trying to see how bad its gonna be for our division in the us and overseas.

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| 1581 views | | 9 replies (last September 18, 2022)
Post ID: @OP+1iCF7cb1

Verge of Collapse

3M is on the verge of economic collapse. The Chinese are going to step in and fill the void and Minnesota will no longer be the home of Mike Roman. You better jump ship while you still can or you can ride to the bottom. Either way, hope is not a... — read more 

Severance Terms during the spiral

Will severance be cut or reduced if the spiral continues? Will those of us who are loyal end up getting 4 weeks for example after 20 years since we have no cash?

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| 1291 views | | 4 replies (last September 10, 2022)
Post ID: @OP+1iB7v48E

Still a (mostly) local news blackout

I remember when 3m shares were lagging in the late 1990s, post imation, that local papers were running stories about "what is going so wrong at 3m?" Seemed like Desi was over his head, only to lead to GE McNerney, who inflicted forced ranking and six... — read more 

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| 1310 views | | 4 replies (last September 10, 2022)
Post ID: @OP+1iBc5jlx

CEO huddle?

Did they answer anything? No questions posted. Mike addresses layoffs, but blames “the business” even though all business or functions told by corporate to reduce. I guess he is not running the place after all, but someone called “the businesses”... — read more 

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| 2720 views | | 19 replies (last September 10, 2022)
Post ID: @OP+1iBrofdK

Who is worse, Monish or Mike?

Monish seems to think that cutting travel budgets for sales reps will claw back a sales gap or that firing lab people making the next products with fix COGs. Mike thinks that by telling himself that the businesses and functions decided on their own... — read more 

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| 1540 views | | 3 replies (last September 7, 2022)
Post ID: @OP+1iBBSe4R

What are employees doing with their 3M shares

What is the plan ? Sell now at a loss or minimum or moderate profit Hold on to it and see what happens in a few years Buy more while price is at multi year lows What is the best case scenario and the worst case scenario here? Will the... — read more 

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| 1560 views | | 7 replies (last September 10, 2022)
Post ID: @OP+1iBw82m6

Proof of Earplug Fraud

For those service members who used 3M’s trademarked, dual-ended Combat Arms earplugs between 2003 and 2015, the aforementioned design blunders allegedly resulted in hearing loss, tinnitus and loss of balance. Documents from previous lawsuits against... — read more 

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| 1510 views | | 6 replies (last September 7, 2022)
Post ID: @OP+1iA7pseR

Who should go ?

As we have seen over the past two years, worker bees are being axed left and right but our dear leaders seemingly remain untouched in their ivory towers. They speak and we dance. I have seen colleagues who have given everything to this burning ship... — read more 

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| 1470 views | | 3 replies (last September 7, 2022)
Post ID: @OP+1iAUSDNU

Down 10 more dollars in one week. Where is mike?

One would think a guy getting 10 to 20 million per year would have some guts and buy some shares at depressed prices if he really believed in his own company. Once the holders listing is updated, expect to see the big firms selling off what they had... — read more 

Has cutoff in Asia started already?

been hearing US and EU cuts already started/and or done for some areas. How about Asia? any leaks how many people will be kicked in APAC?

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| 1214 views | | 3 replies (last September 7, 2022)
Post ID: @OP+1iA4jPa6

Frustrated by the hiring process

It has been a while since the last time I was looking for a job, but I can't believe how much things have changed. Why in the world does a company need four or five interviews to determine whether you are a good fit for them? Fifteen years ago, it... — read more 

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| 1470 views | | 3 replies (last September 6, 2022)
Post ID: @OP+1izVmJrG

Here’s the plan for industrial front end

Stop LSS-gps is full of fake projects with fake savings Make area sales mgr all reps and give reps budget to do their jobs. They only make reports anyways. Sfdc is all bs Consolidate end user key acct mgrs. the reps are the ones doing the... — read more 

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| 1583 views | | 2 replies (last September 6, 2022)
Post ID: @OP+1iyYd0fN

Job market is good

It was better about a year ago but that doesn't mean that it's not good right now. I've been actively searching for a new job for a little over three weeks and I already have two offers. I admit, the money is not as good but that's why I'll keep... — read more 

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| 1242 views | | 2 replies (last September 4, 2022)
Post ID: @OP+1iyFRytL

pension should be ok

If your employer goes into liquidation, the pension scheme is not affected as the scheme is independent and has no direct connection to your employer's situation. You will only lose out on the pension contributions made by your former employer - the... — read more 

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| 1800 views | | 6 replies (last September 11, 2022)
Post ID: @OP+1ixCov2b

Question

Who was PSD CTO who recommended patent suit against the small earplug co? Does that person still work at MMM?

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| 1590 views | | 5 replies (last September 4, 2022)
Post ID: @OP+1ixAw2hT

Will anybody be able to enjoy this long weekend?

I know I won't. Everything that's been happening has me on edge and I haven't been able to let go once I leave work. Too much stress and uncertainty to be able to just switch it off as much as I want to. You know it's bad when work is affecting our... — read more 

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| 1980 views | | 7 replies (last September 7, 2022)
Post ID: @OP+1ixW4FUV

Advancing 3M

Only place it’s advancing is to the bin All that we do business the right way … is that really chapter 11 so not to pay the compensation for ruining hearing of thousands PFAS ground water contamination now they pay money to try and cover it up so... — read more 

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| 1530 views | | 5 replies (last September 3, 2022)
Post ID: @OP+1iwI1d4M

Time for Monish to go?

He ideas have made things worse, not better. Stock is down, morale is down, business outcomes are worse, and his big strategic ideas are now crumbling before him. He talks about accountability and wants to put other peoples names on things, he needs... — read more 

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| 1530 views | | 5 replies (last September 7, 2022)
Post ID: @OP+1iwIPOa7

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