Thread regarding 3M layoffs

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 match.

3) reduced pay as many people are working part time

4) all of the above

5) new * innovative * ways to cut costs

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| 1461 views | | 3 replies (last August 17, 2020) | Reply
Post ID: @OP+15Rr84L3

3 replies (most recent on top)

Over here at the Scott Safety division, my dept is nervous. Some rumblings going on about layoffs. We’ll see.

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Post ID: @Dcws+15Rr84L3

30%drop due to covid,, but orders are still ok for q3 and q4, 3M will come out of this bigger and better

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Post ID: @5krh+15Rr84L3

They should just send those expensive FSEs back home.

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Post ID: @3bub+15Rr84L3

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