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?
When will CEO retire
Will it be after the spin-off of health care which gives its last boost to share price?
Insider trade
8/2/2022 - Vale sold 36,711 shares valued at $5,267,813. Average price $143.26 Maybe he knows something is upcoming?
Health care leader
Who is running the spin?
I’m Tyred
This thing is going down fast
How many headcount will be moved to 3M Health Care company?
Do you think many of the high salaried staff would be moved over?
The begining of the end of the conglomerate
July 26th , 2022 Finally 3M breaks up in 2 pieces with Healthcare division to be spun out in 2023. Formal announcement done yesterday after many months of speculation and rumors. Multiple years of mismanagement at every level, esp the clusterfkuc... — read more
You need to change who you are
Working here has taught me that unless you're willing to change who you are and turn into an a-s-kissing corporate stooge you'll never make any progress and your working conditions will deteriorate rapidly. That's the only thing that matters here... — read more
3M Earplug Lawsuit Mater Thread
Can we please consolidate all the lawsuit information here? It will be good to have it all in one place. Plus, the board is getting cluttered and other information is getting lost. The lawsuit is important and it will have far-reaching consequences... — read more
Here’s what Judge Rogers had to say
The coming months will involve a massive shift in focus. Waves of individual cases—500 at a time—are proceeding with plaintiff-specific discovery and complete work up for trial. This Court will adjudicate all case-specific Daubert and summary... — read more