Topics regarding layoffs at 3M

Topics regarding layoffs at 3M

Go back to a decent yearly bonus

the leadership have been rewarding the executives and vice presidents and others above Grade 14 and forgetting to sort out the middle management. The surveys just get in way of promoting their di-kensian methods. They say going forward they will be... — read more 

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| 1030 views | | 1 reply (March 21, 2022)
Post ID: @OP+1fRbpGBu

Good people need not apply

Is one of the requirements to become a manager at 3M to be an utterly horrible human being? Most of the people who've been promoted lately are nothing but bullies who don't know how to do anything but excel at yelling at their direct reports and... — read more 

Changes from Employee Surveys?

Is anyone seeing significant actions coming out of the recent employee surveys? The last couple SIBG town halls were not kind at all to leadership. I've heard that some groups' survey results had as many as 25% of employees actively looking for... — read more 

Impacts of attrition

I don’t have a feeling that the attrition is slowing down. People are still leaving. My question is how does attrition affect you? I have so much work to do now that I intend to leave too. It is impossible for one person to do double or triple... — read more 

big bounce back happening

will be a big bounce back next few weeks so buy shares now,, looking 150 + before 15th march and then up to 160+ 22nd march,, good start to next week ,, get on it now

WARN Act & voluntary work from home?

Anyone know how 3M legal views whether employees have a site if they volunteer to work from home? WARN Law is outdated & vague. Why would we need to know that workplace selection isnt retoactive unless we wanted to claim site rights?... — read more 

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| 1094 views | | no replies yet
Post ID: @OP+1fFzgiKo

3M Sees Single-Digit Growth in 2022

Published: Feb. 14, 2022 at 8:12 a.m. ET 3M Co. on Monday laid out its financial forecast for 2022, including a projection for sales growth of 1% to 4% and earnings of $10.15 a share to $10.65 a share.

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| 2170 views | | 7 replies (last February 18, 2022)
Post ID: @OP+1fifOzXn

Considering applying 3m

I currently work at a fortune 500 company that's very toxic. Overworked and under paid. Whats the enviorment like at 3m? Much different? Or same?

3M stock price and future direction

In the last 5 years, the S&P index has delivered a 95 % return, while Dow Jones index has delivered a 78 % return. The corresponding return value for Mother Mining is actually negative 6 % ( with the dividends given out, it is slightly higher than... — read more 

Nobody with any experience wants to join

Isn't it funny that the overwhelming majority of new hires have no experience? We must really be scraping the bottom of the barrel if the only people we can get to join are those who call this their first proper job. In all seriousness, though, why... — read more 

An eulogy for Mother Mining

Imagine there's no more research labs It's easy if you try No layoffs before us Above us only sky Imagine all the C suites Living only for quarterly profits... Aha-ah... Imagine there's no more research to do It isn't hard to do Nothing to cull or... — read more 

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| 1626 views | | 1 reply (January 18, 2022)
Post ID: @OP+1eRDkoxb

There is no interest in innovation anymore?

Judging by the structure of employees affected by these layoffs, one comes to a conclusion that this company no longer needs research and innovation. It is a clear sign that we are on a steep downward trajectory and that it can only get worse here... — read more 

TTS Layoffs and re org

Looks like it is time for that annual lay off and re org. Heard of small pockets being laid off this week and then the announcement of TTS this morning. Good luck to those affected by these lay offs. Those who are laid off and those left to do the... — read more 

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| 3720 views | | 20 replies (last January 23, 2022)
Post ID: @OP+1eMLEgWP

Don't bother to work too hard

Since I finally accepted that breaking my back for the company would bring me nothing, it has been very freeing. Now I make sure to do just enough work not to put my job in jeopardy and pick up my paycheck. No expectations, no resentment. I do my... — read more 

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| 2040 views | | 7 replies (last February 2, 2022)
Post ID: @OP+1eKotZlQ

Motley Fool analyst

https://www.fool.com/investing/2022/01/08/why-shares-in-3m-rose-only-16-in-2021/?source=eptcnnlnk0000002&utm_source=cnnmoney&utm_medium=feed&utm_campaign=article What happened Shares of industrial giant 3M (NYSE:MMM) rose a paltry 1.6%... — read more 

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| 1670 views | | 4 replies (last February 5, 2022)
Post ID: @OP+1eIPdW5S

RBC Analyst

Moved to sell equivalent - Target 166. This would imply deeper cuts coming. Read report to see analyst reasoning.

Corporate R&D Layoff - January 2022

CRD just announced a voluntary layoff, with the implied threat of involuntary soon if not enough people signed up. Does anyone know groups/number of people impacted?

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| 3180 views | | 10 replies (last January 20, 2022)
Post ID: @OP+1eEnwtHX

What are severance terms?

Hoping to be included in the next round of layoffs. Was there a common structure in prior rounds? How many months of salary did people usually get? I assume it was tied to years of service etc? Do people keep unvested stock?

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| 1850 views | | 3 replies (last January 19, 2022)
Post ID: @OP+1eEYYTDt

should I join 3M - please advise !

Hello - I am an engineer, working in another state for another company. I have an offer from Honeywell, but I am afraid about one key aspect only... Is their enough (reasonable) job security at 3M? Is it reasonable to assume that I can easily stay... — read more 

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| 2100 views | | 14 replies (last January 6, 2022)
Post ID: @OP+1eE9wZoq

3M salary over the years

Just calculated my 3M salary increase over last 10 years. Even with one promotion and twice getting a 4+% raise, the net increase in my yearly salary after adjusting inflation is only a little over 10K. Now after deducting the increased medical... — read more 

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| 2010 views | | 3 replies (last January 19, 2022)
Post ID: @OP+1ewZvvs5

Who is here waiting for severance pay?

I don't know if it's a smart decision, but I know that most of my colleagues are still here because they hope to be on the list soon and get paid to leave. On the other hand, I would gladly accept a lower-paid job just to leave as soon as possible... — read more 

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| 2160 views | | 4 replies (last January 9, 2022)
Post ID: @OP+1ewLx32G

Layoffs 2022

It's got too much, Christmas will come and go and then it will be 4500 layoffs from Jan to October 2022, the pressures have broken supply chains and raw material prices have made profits recede so much some business's are making losses, Q4 2021... — read more 

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| 4840 views | | 7 replies (last January 2, 2022)
Post ID: @OP+1eqoEOBk

Coworker left for lower pay

Other than the ever-present threat of more layoffs, I like working here. Pay is good, the work is engaging and my coworkers are all nice folks. That's why it's confusing to me that somebody would be willing to take a 20 percent pay cut just to walk... — read more 

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| 1910 views | | 8 replies (last February 8, 2022)
Post ID: @OP+1eosDyg8

How long left Roman?

Another member of the COC resigning was announced today. Multiple VPs and SVPs have resigned in December. From the trenches it looks like the rate of executives fleeing increases. Anyone taking bets on how long Mike lasts before he is forced out? — read more 

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| 2970 views | | 7 replies (last December 29, 2021)
Post ID: @OP+1ekTVS27

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