Topics regarding layoffs at 3M

Topics regarding layoffs at 3M

#mmmetoo

Harassed, reported to HR, swept under the rug, then LAID OFF.

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| 1341 views | | 6 replies (last March 10, 2021)
Post ID: @OP+19DNHFfR

People don’t inquire enough

It took me a little over a year to realize that there is no career development potential here. It’s a horrible feeling considering I immediately realized I needed to look for a new job. Why did I think differently before I applied for a job here?... — read more 

Status of laid off employees in the Jan 2021 layoffs

What is the status of the 2900 ( official nos. , but then who is counting) employees that were shown the door in the recent layoffs ? Were some of them able to find other jobs internally or was that door shut down , now that most divisions have... — read more 

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| 1971 views | | 7 replies (last March 27, 2021)
Post ID: @OP+19xOECRw

Surprising that there are no more layoffs?

Filling out endless Excel sheets and making PowerPoint presentations more or less anyone could do. We have too many managers, but this company lacks people with vision, leaders. Those who will recognize that the success of the company rests primarily... — read more 

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| 1450 views | | 2 replies (last February 6, 2021)
Post ID: @OP+19f8KGez

3M and PFAS

What are the implications now that Democrats are in power and will likely pursue this topic aggressively. What is the total liability ? 20 Billion USD ... — read more 

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| 1390 views | | no replies yet
Post ID: @OP+19awr1aL

Next week?

Will the brunt of the announced layoffs hit next week?

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| 1674 views | | 3 replies (last January 25, 2021)
Post ID: @OP+193eHHDI

Investor sentiment from 3M Yahoo finance message board

How in the world can 3M employees, stockholders, and board members continue to support leadership when they are doing nothing to positively impact stock values? Realize they have responsibility to create and promote a positive work environment which... — read more 

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| 1540 views | | 3 replies (last January 23, 2021)
Post ID: @OP+191d8GS5

1200 north europe emea

adios amigos, come Thursday we will know the outcome of Lars' thinking,, is the belly fat getting trimmed or is it plant closures in Bangor and Atherstone....MMM.....pArDoN tHe PuN

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| 1300 views | | 1 reply (January 21, 2021)
Post ID: @OP+18Y6SwNv

PFAS again

3M cut to underperform at Bofa on higher PFAS risk in blue wave. - Jan 7, 2021 Share price gonna take a big hit

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| 992 views | | 1 reply (January 8, 2021)
Post ID: @OP+18NC0ucA

They're not earning their pay

They're not earning their pay Most regular employees would love to spend a month shadowing the executives to see what they really do. I have always wondered what type of decisions they have to make that rate million dollar plus compensation. Do... — read more 

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| 1770 views | | 6 replies (last December 22, 2020)
Post ID: @OP+18ukPLKt

How Long?

Wonder how long Wall Street will tolerate Roman and when the board will ask for his “early retirement”....?

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| 1200 views | | 1 reply (December 7, 2020)
Post ID: @OP+18ivnNgs

3M to cut 2,900 jobs globally in restructuring

(Reuters) - 3M Co said on Thursday it would cut about 2,900 jobs globally and scale back on investments in slower-growing markets as part of a restructuring that is expected to lead to pre-tax savings of up to $350... — read more 

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| 1980 views | | 2 replies (last December 8, 2020)
Post ID: @OP+18euyN9T

Major layoff announced at 3M

I hope everybody is ready! It's not as if we didn't know this was coming. This is not our first restructuring nor will it be our last. This one will be worse than usual due to the pandemic and the overall state of the economy, which is why I truly... — read more 

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| 2091 views | | 3 replies (last December 12, 2020)
Post ID: @OP+18eH41on

Supervisors at 3M

This is a post from the * Ford layoff * message board, but equally applicable to 3M ...with its vast army of low level and middle level manager positions. With so many self-directed employees effectively contributing from home, have we reached... — read more 

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| 2080 views | | no replies yet
Post ID: @OP+1888q1Y0

3M Layoffs 2021

This thread is for info about potential 3M Layoffs 2021? Any news or rumors?

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| 2890 views | | 7 replies (last January 26, 2021)
Post ID: @OP+184pLdbj

“We are all equal...

but some are more equal than others..." This is terrible. Management is totally lost and everything is full of paradoxes. I was told by 3M management: learn to live with Covid19 and come in to work in a plant having 11 cases positive. Job... — read more 

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| 1381 views | | 2 replies (last November 8, 2020)
Post ID: @OP+17NZ1e5p

Layoff story at 3M

A little dated but worth reading : https://ustechworkers.com/jims-story/

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| 1102 views | | no replies yet
Post ID: @OP+17H9tbQq

Recent layoffs and culture

The recent layoffs have largely left the redundant management structure in 3M mostly unscathed.  This has been true of layoffs since 2008. Technical people canned in huge nos. while management left untouched. Career progressions also work the... — read more 

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| 1810 views | | 1 reply (August 19, 2020)
Post ID: @OP+16nKgkH9

Corporate HQ needs some culling...

Its hard to believe that more positions weren't eliminated from the headquarters in St Paul. Only 70 of the 10,000+ employees that work at that location were affected. The layers of management are incredibly deep. The organizational charts go on... — read more 

R&D Productivity is inexcusable

3M has not developed a meaningful new product platform in nearly 10 years. Most of the large wins they claim; optical film, cubitron abrasives and their HIS Encompass system were built out of existing components and assets. They company has proven... — read more 

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| 1530 views | | 3 replies (last August 15, 2020)
Post ID: @OP+16gdKLnI

Q2 , 2020 results and layoffs:

So layoff announcements went out this week. Many people will be hitting the road pretty soon. Here is the message that technical folks got in summary : Thanks to your 20 + years of service and loyalty to 3M, now here is the  door out. Your... — read more 

PFAS and Covid 19

PFAS and Covid 19 Just google * PFAS and Covid 19* Some new news just coming into light. What are the repercussions for 3M. https://news.bloomberglaw.com/environment-and-energy/insight-pfas-covid-19-and-immune-response-connecting-the-dots — read more 

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| 701 views | | no replies yet
Post ID: @OP+16dID5Xx

Investor sentiment after Q2, 2020 results

From yahoo finance message board : As a stockholder, tired of hearing this company not meeting expectations. I don’t own much stock but have to imagine if I am tired of it, large investment companies that have significant dollars invested in... — read more 

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| 790 views | | no replies yet
Post ID: @OP+16dXAh2W

What's coming up next

1500 layoffs already announced in early 2020. Do you guys think the big honchos will stop there. What additional steps might be taken ??? 1) more layoffs in subsequent quarters 2) cut to benefits like stopping pension, no more 401 k... — read more 

1500

1500 layoffs were announced much before covid 19 hit. Now more cost cutting will happen since the company is already in deep trouble...no longer a reliable defensive stock like good ol times

Insider trade transactions

Interesting timing of executives selling their own shares of 3M stock. Touting 3M's commitment to providing exceptional value for their customers and premium returns for their shareholders, yet they seem to be putting their own interests first. ... — read more 

Y'all are done!

Better get out while the gettins good. You s—!

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| 1080 views | | no replies yet
Post ID: @OP+14iRawjl

Contigency plans for US plants

Plant managers are being advised to prepare for 10-25% volume drops across all divisions and to have plans in place to trim production employees at the end of 1st quarter. Corona virus is the scapegoat but this was in play before the outbreak. SAP... — read more 

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| 2760 views | | 4 replies (last April 26, 2020)
Post ID: @OP+13J0xYg8

3M investor sentiment

A few choice comments from yahoo finance 3M board...when will the 3M BOD wake up and take some action?????? This company has been on a downward trend for sometime. The only news seems to be bad news. Constant job cuts, restructuring due to... — read more 

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| 1260 views | | 2 replies (last February 21, 2020)
Post ID: @OP+13pBkijG

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