Harassed, reported to HR, swept under the rug, then LAID OFF.
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
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
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
3M Posts Fourth-Quarter Earnings Beat and Reinstates Guidance
why are they laying off employees if company is beating earnings?
What is the status of HIS ?
How are there layoffs and yet new hires at the same Time ?
Next week?
Will the brunt of the announced layoffs hit next week?
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
Layoff announced today for TEBG
Impacted employees will be notified in coming days!
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
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
Will any techinal employee(non management) be able to build a career here anymore?
It seems to me that those days are over, when people stayed here and managed to build yechnical careers ( non management). Maybe it was actually a wrong decision to be tied to one place for years, but look what is happening now. This is simply no... — read more
SVP of Business transformation is leaving
Any insider reasons?
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
How Long?
Wonder how long Wall Street will tolerate Roman and when the board will ask for his “early retirement”....?
Hat trick layoff announcement from current chief
will this be his last time?
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
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
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
3M Layoffs 2021
This thread is for info about potential 3M Layoffs 2021? Any news or rumors?
“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
Layoff story at 3M
A little dated but worth reading : https://ustechworkers.com/jims-story/
3M explores $3.5B sale of food safety business
Will the share price go up after the sale?
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
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
Corporate is messaging a smaller than actual layoff number
HR VP sent out an email company wife that restructuring is complete. Nonsense about attrition and retirement kept number at 1,500 announced as part of Advance 3M reorg. They are reporting a net number to reduce total impact visible impact to the... — 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
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
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
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
Can 3M deliver $2.74 B for June2020 sales
It’s sales for Apr and May are pathetic despite the boom in respirator masks sales Any thoughts if they can close the Q2 Gap to avoid its stock crash?
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—!
This CEO & team has run out of ideas
but yet they keep transforming and changing the organization structure. Advance 3M. What a joke.
Coronavirus Mega Thread for 3M
Comment in this thread - it'll be the main thread.
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
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