#transformation

There was a lot of noise and fanfare about this but there still seem to be thousands of managers in Finance and a lot of spreadsheets…has anything really changed?

After careful consideration, we made the difficult decision to eliminate a small number of positions as we realign functions and enhance operational effectiveness as part of our ongoing transformation. We are working directly with affected individuals to ensure they have support during this transition.

https://www.actionnews5.com/2025/10/30/fedex-confirms-small-number-layoffs/

GK isn’t messing around. J. Walker is out of Elavon and the CAO for PMI is leaving. Who’s next and what’s next for the hot mess that is all of payments inside of USB? Keep on transforming the bank GK 🤭

To all those hoping for a role post "Transformation" its now been communicated that you might get a pay cut to go along with your new role.

my friend in CCB says they are moving to DevOps model.. anyone heard of it ? How about CIB or AWM ?

Is anyone hearing insights on “flattening” the redundant CTB CTV and GSP roles in particular WH (western hemisphere). Seems like other areas are flattening and going back to pre-merch like transformations. Others have said that Bills pyramid will not be touched but that doesn’t seem plausible

Current ELT will be ousted in 1-2 years. John hess will bring new elt. Another transformation will take place in 2027-2028

I’ve noticed how 3M is moving more into high-tech areas like advanced materials, semiconductors, and healthcare innovation. It makes me wonder if some of our older divisions are starting to lose relevance.

From my point of view, a few areas that might be showing their age include:

1.  Office Supplies (Post-it, Scotch)
2.  Automotive Aftermarket
3.  Personal Safety Equipment
4.  Home Improvement / DIY
5.  Traditional Industrial Abrasives

These are still strong brands, but growth feels limited compared to newer opportunities. Maybe it’s time to streamline and invest more in technology-driven sectors.

What do others think — are we holding onto too many legacy businesses, or do these still have a strong place in 3M?

The additions to the C-suite are part of Philadelphia-based Five Below's self-described "reset."

https://www.bizjournals.com/philadelphia/news/2025/10/01/five-below-executive-changes-recovery.html

I found out last week that the leasing contracts have all been sold off to various companies around the world. Europe was recently sold in the last months and North America was sold a while ago to a company called Peak. All the employees are gone from that group and Xerox doesn't have any equity anymore. We don't own anything anymore, we don't pay our bills even close to on time, if even at all (from what I have heard) and the employees are all disgruntled. On top of all of that, this company has a ton of C level execs for some reason and more high end managers than people that actually do work.
Great job Steve B! What leadership he's displayed running this company into the ground. Thank God the debt machine of Lexmark is here to save us! LOL I so look forward to Kim Kleps BS emails and the fireside chats of nonsense. Steve B getting an award weeks ago is the cherry on top of this sh*tpile.

October 2023 : “ By 2026, Xerox projects a rise in operating income by at least $300 million (€285 million), reverting to double-digit adjusted operating income margins”.

October 2025 and the stock price if a quarter of what it was at the announcement time above, already having dropped by half over the prior 5 year average.

SteveB will say it is on track, he will say the Lexmark acquisition is key to the future growth, but this was not in his plan two years ago.

Does the. Lard really believe the continuing change of rhetoric from the CEO. The SLT all nod with appeasement, no one dare disagree, but all happy to take their pound of flesh and stock options ( although each time a worth less and less ).

No merit increase, frozen 401k.

What belies the future - will we get anything from the upcoming Q3 release ?

Great news folks, we are getting transformed!!

Some rumors I’ve been hearing is that the transformation team has been meeting since Q2 to restructure everything; meaning that they are going to announce layoffs in Q4. When? Have not heard.

It is going to be across all BUs and Roles regardless of direct or indirect billing.

So get your resumes ready. Reason being is that they are expecting to have a terrible next year.

Polaris Business Transformation SME (from LinkedIn)

Feb 2025 - Present · 8 mos
Bengaluru, Karnataka, India

(1) Lead enterprise-scale business transformation initiatives across Global Order to Cash (O2C) Organisation and compliance functions, with a focus on operational excellence, process harmonization, and technology enablement. Partner with multi-regional stakeholders to identify improvement opportunities through data analysis, process diagnostics, and user feedback.

(2) Leading global rollout of SAP S/4HANA for O2C Processes, HighRadius SaaS, optimizing Order-to-Cash (OTC) processes and improving automation.

(3) Served as SME & Solution Testing Lead, guiding a 30-member team through 3,000+ high-complexity test cases using risk-based prioritization to ensure quality and timely delivery.

(4) Developed governance frameworks, RASCI charts, process maps, and training guides, enabling global harmonization of collections and credit policies and unlocking $180M+ in working capital; recognized with the highest Prestigious India Inc. Award.

(5) Drove change management and adoption strategies to ensure successful implementation and measurable business impact.

Did they get rid of transformation office and the change function? Do we just send out amplify articles and call it change management?

Quotes from the megathread:

• "It's Transformation part 2 guys, fun layoff time. Enjoy." (Anonymous, Post ID: @kc+1k3eddae2)
• "I hope they learned some lessons from 'Transformation'... Even though we both know you'll be jobless in 30 days, you're going to have to interview for your job anyway." (Anonymous, Post ID: @g4+1k3eddae2)
• "management cancelled all meetings with those getting cut. Good luck getting any answers from them." (Anonymous, Post ID: @k2+1k3eddae2)
• "roles and projects within KTD are being removed or reprioritized." (Anonymous, Post ID: @kc+1k3eddae2)

In September there will a massive change in S&T - layoffs… Data Product Management teams and DPA will combine which will create layoffs… others will be affected… hold on to your butts..

I work for WellMed. We are now under Optum, it's been about a month. I was told with this transition, they will be making cuts immediately as soon as next week. A lot of people dont know this is gonna happen so i know its going to shake people up (rightfully so). Its very unsettling the amount of layoffs the entire organization goes through every year. I've only been here for 7 years and every year, there are layoffs. They cut people, don't replace them, or if they do its with AI or they dont promote employees.

This reorg under COO organization will be huge - will redefine the way any contract is executed/delivered to clients within Gainwell.

It is a major shift that will lead to many losing out (in fact, several positions will be terminated and WFR’d) but for a few, it will be a win for short term.

Look out for the email/discussions from your manager/dept head over next week or so. Good luck to everyone involved.

#transformation

What you say? TGT lifer here who works my A$$ off. Can't tell you how pleased I am to see you FLAMING TROLLS get everything wrong. Suck it up and fix TTS systems and supply chain so we can get instocks right and we might all actually really be able to smile. #Walmartblowoutexpectationsdipshit #Transformation+layoffsdipshit #Amazonpleasestartyourhostiletakeoverdipshit #whereishmhddipshit #Agilegossipdipshit

Not a damn thing has been fixed. #transformation