The previous CEO COO combo was the origin of many issues, including the overwhelming channel stuffing which caused the share price to go to an artificial level. So let's not forget the negative contributions of those two thugs. We are still paying... — read more
Pure Genius
For the worker bees of the company ,I.e. production ..there is a Voice of Employee Survey starting next week, be honest in your appraisal of your managers as you can sign their exit forms if they are poor, just saying, good luck
How do they sleep at night?
Honestly how can the CIO be such a cold bast4rd? Anyone staying at 3M in TTS that isn’t already cut should be running for the door. These cuts are going to keep coming. Mark has no plans, and certainly doesn’t care about anything or anyone but... — read more
So much fat
There is so much fat here that if we lost 30% of the workforce it would be the same productivity that exists now. High-level management and long-term employees just sit around take long lunch breaks, watch Netflix, play on computers, get haircuts... — read more
It'll be OK
Stay Strong. I have been there. Felt like giving up on everything. I must've interviewed at 10+ companies in a span of 3 months. No interviews for the next month due to holiday season. I used to choke up when recruiters/HMs asked me why I wanted this... — read more
3M is NOT the same company
I am a former employee of 3M. I was part of the last reduction when there was 3,000 in Jan. 2021. I was short of 2 months for a FULL retirement of age + service = 92! What kind of a company does that to their loyal, dedicated employees? I was... — read more
Cuts in Minnesota?
Anyone heard a number. I saw a comment in the star tribune about 3000 in mn alone. I think their are only 10000 total, so that would be an insane 30 percent cut. Mike and monish have outdone themselves with that kind of "accomplishment"
4000 positions to go in Europe out of a total of 20000
Some big cuts for Europe across the board
Severance info for those staying
Those impacted over the years. Help those of us who are left and will likely eventually face the same fate. Give details on your severance. The fact that there is supposedly an “ok” (and its just ok) severance is the only reason i dont leave the... — read more
Hearing negotiations (HA!)
Casey Rodgers is dictating that they negotiate again. I have heard 3M won't pay a nickel until the Aearo BK appeal is done (Legal is SHOCKED they didn't get the same ruling as others including J&J). 3M believes more fruitless negotiations actually... — read more
Layoff Details - Requesting Information
Please share whether you received a WARN notice, and how package is calculated: years of service, job grade, vacation through end of year or accrued, etc. Also, please share whether you were notified by phone, FedEx, group meeting, etc. All... — read more
Aearo article
BM still a VP!! https://prospect.org/power/monopoly-misrepresentation-and-malpractice-3m-earplugs/
press are on to it
https://www.bloomberg.com/news/articles/2022-08-31/3m-plans-job-cuts-as-part-of-a-broader-cost-cutting-initiative
Running Aug/Sept 2022 Count
Anyone got a running total of the impact? It looks like they aren't making a big announcements yet. So far: CBG - down a division (CHC) TTS - Hard hit in the US, any word from OUS? TEBG - Saw on this board, but I haven't seen a count yet HCBG -... — read more
Having a hunch, CBG will make 4D back again
🚩4D to 3D, free up space for SPSD's coming from HCBG. Does anyone think this is likely to happen?
Advance 3M.
I left about a year ago. What happened to advance 3M? Terrible structure but I am surprised it sounds like they got rid of it?
Lawsuit - army ppe - proof the plugs were worn?
I haven't paid much attention to the litigation regarding the combat arms ear plugs. (Aereo/3m) I've worked in several manufacturing sites and can tell you a lot of people won't wear PPE unless you tell them to/raise voice. In the abyss of the... — read more
They don’t give a damn.
The layers of management still there but workers bees are gone. The ones remaining are going to work to the extent that they will leave. The India workers are underpaid and overwhelmed with the job responsibilities Glad to be out of this company as... — read more
No 3M external announcement
The layoffs will all be handled at the BG/DIV level. That is why there has been nothing from the coward CEO. No announcements on how many in total because 3M does not want the publicity.
So.. it has begun
just read my mail about TTS layoff.. any idea how many headcount will be cut this time?
Next stop 90
Per share
is today going to be Black Monday for all of us
i can't sleep, i am worried about my future, in a few hours I know there are going to be EVP's and top brass running around trying to sort out a plan, only problem is , the ones in charge could not organise a fire in a match factory. Well , any... — read more
NDA
When will they layoff the people that make others sign NDA’s rather than bringing lawsuits against the company?
Starting Monday, many employees will be laid off - 3M Is Denied Bankruptcy Shield Against Mass Earplug Claims
Will the people who made this plan be shown the door too? Doubt it. No impact to failed leaders, only the sheep.
Bankruptcy judge rejects 3M's plan to minimize earplug liability (8/26)
Thoughts about the impact on the company???
Where will 3M healthcare hq be? Texas or Minnesota?
What are the bets?
Will 3M go bankrupt?
Updated Aug 26, 2022, 3:33pm CDT Court rejects 3M effort to block combat earplug lawsuits with subsidiary's bankruptcy filing
Q3 going to be much worse than projected
Any potential layoff to be announced soon?
Mr. Roman - please read this
Please do the honorable thing and step aside. Employees, shareholders, and stakeholders have all suffered for long enough under your leadership. You have to accept that your best efforts and best ideas are not working. Doubling down on failed ideas... — read more
The attrition rate is good tech employees is alarming
It’s not even a secret anymore. On a daily basis I see people with good technical skills leaving this company at the first sight of any other opportunity. The sad thing is that I don’t see any efforts to replace the people who leave, much less to... — read more
Segment marketing
Will the 100 slide powerpoint decks matter and result in anything?