Impacted employees will be notified in coming days!
10 replies (most recent on top)
Anyone know how many of the 2900 have been notified? 1200 in N Europe is the only number I've consistently heard.
Manufacturing was not immune.
Insider view: The advance 3M structure has created more layers of management. Mainly collating data and reports from the various countries. Skills required are Powerpoint and Excel. Such a waste of additional resources.
Insider view: Solid but uneven 10 percent hit to non-manufacturing jobs globally. Plants largely but not entirely immune. US mostly told yesterday. Europe announced but just starting a longer process. Latin America and Asia mixed by country.
People chosen have nothing to do with capabilities/tenure, many of the cuts will slow the growth the executives claim they want.
Not much is known for Corporate Research , so far in 2021. However to improve productivity they plan to hire more middle management very soon and have already promoted quite a few middle managers so far.
More managers, more ppt slides, more updates, more meetings, more mind maps....the usual time tested and proven method to increase R&D productivity is in play again!
1200 for north europe
Does anyone have any news about impacts in Corporate Research?
Agreed, but VPs will be safe cause they are in the club.
Consumer needs to lose the fat. Too many doing too little. Especially the big VPs
layoffs just went through today at St. Paul campus. Heath care & consumer getting hit.