Thread regarding 3M layoffs

Nothing new here, but wow . . .

https://www.msn.com/en-us/money/markets/this-ceo-made-300-times-more-than-his-workers/ar-BB1flTMT?ocid=msedgdhp

Interestingly, the article mentions nothing about the thousands and thousands of jobs slashed under his tenure.

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| 1321 views | | 3 replies (last May 3, 2021) | Reply
Post ID: @OP+1ae9VlBQ

3 replies (most recent on top)

The thing is, many corporate employees at 3M are compensated handsomely...doesn't matter if you're a 3M job grade 8, 10, or 15+...chances are you are outearning your peers with similar titles at other publicly traded companies. A more insightful metric might be number of employees with salaries above 75k, 100k, 200k, 300k, 500k, etc.

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Post ID: @rrst+1ae9VlBQ

I don’t expect him to turn it down. The question is why would the board/company allow this given the dumpster fire he’s helped create.

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Post ID: @1fzi+1ae9VlBQ

Extreme Greed

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Post ID: @hef+1ae9VlBQ

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