Thread regarding 3M layoffs

Q3 earnings call

Any speculations on how BB is going to report in upcoming call? Seems like Q3 was a bad quarter as the sales numbers are down and factory production has been lowly utilised.


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| 136 views | | 11 replies (last 23 days ago) | Reply
Post ID: @OP+1m4egnzr7

11 replies (most recent on top)

@1zk
Engineering comes in different forms.

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Post ID: @20t+1m4egnzr7

Looks like a good quarter. Share price jumps up by $10. Good job!

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Post ID: @1zk+1m4egnzr7

Whatever margins improvement now are actions that are not sustainable.

Massive cuts in roles and restructuring, without hiring replacements distributing remaining duties. Relentless reduction of employees benefits, removal of LTI for middle JG14/15.

Morale is at rock bottom. Working levels are just quiet quitting and do their day jobs with minimum efforts.

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Post ID: @tx+1m4egnzr7

@kr name some NPI's. Mr. Brown has mentioned 100's at least. Rebranding of Scotch tape for kids? EBO that's been around for 10 years? Fake growth story and outsource to 3rd world.

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Post ID: @pb+1m4egnzr7

OTIF and NPI are sustained at a higher level. Growth is 3-5%. Why are y’all still complaining???

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Post ID: @kr+1m4egnzr7

@dt agree. Inga was a master. Roman was a disaster.

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Post ID: @j8+1m4egnzr7

@en couldn’t agree more. He just squeezing the cr-p out of everyone and beating every leader around him to get the last drop before he runs and retires. Doesn’t care the shambles he will leave 3M. Not that he walked into a great place by any means….

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Post ID: @fc+1m4egnzr7

He is 63 now.
Just need to maximise the share price before he bails out.
Good luck to those remaining holding the hot potatoes

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Post ID: @en+1m4egnzr7

He is a pro … he can speak, he can convince Wall Street… that’s the only quality they look for in a CEO

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Post ID: @dt+1m4egnzr7

More importantly, how will he explain it to Jim Cramer?

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Post ID: @b3+1m4egnzr7

they'll blame it on gas price 'headwinds'

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Post ID: @ab+1m4egnzr7

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