Thread regarding 3M layoffs

Left 3M for competitor

Best decision ever, joined a real growing company with good career potential. Get out while you can, 3M has not grown in 10 years. Sales have been $30B, and will remain at $30B or less in the next 10yrs. That means 3M is losing share every year. The economy is growing, 3M is not. All they do is cost cut and restructure. As a stockholder the dividend is nice, but 3M is pathetic for a career. If you didnt read it the first time, get out now! Let the peons do the grunt work so I can collect dividends while working for a much better company!

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| 1861 views | | 4 replies (last April 12, 2021) | Reply
Post ID: @OP+1ahXU4qf

4 replies (most recent on top)

I know my comments may sound harsh, since I got a negative vote on my last post, but you guys still at 3M have to hear it. I want to make you guys uncomfortable, get out of your comfort zone, update your resumes, and apply elsewhere! Or end up a statistic. Take ownership of your careers or someone else will.

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Post ID: @3dvt+1ahXU4qf

there is practically no growth under Thulin period and he handed over to Roman, who continued the no growth momentum

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Post ID: @1rfp+1ahXU4qf

Thanks for sharing the data. Less than 1% growth CAGR over the 9 year period. PATHETIC. Keep working for my dividend! I expect it on time every quarter. Squeeze those margins and cut more people if you have to.

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Post ID: @1gox+1ahXU4qf

2020 $32,184
2019 $32,136
2018 $32,765
2017 $31,657
2016 $30,109
2015 $30,274
2014 $31,821
2013 $30,871
2012 $29,904
2011 $29,611

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Post ID: @1bze+1ahXU4qf

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