What are your thoughts about potential 3M layoffs? Any chatter, news or rumors?
21 replies (most recent on top)
The cuts are coming, as they have every year for the last several. No significant improvement in sales, plus lawsuits, equals layoffs. Anyone expecting anything else is insane.
If you don’t want to get cut, leave before hand.
Pointless discussion. In fact this entire post should taken down. Staying around waiting to be cut is ignorant.
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Unless you reside in the North Star State, Gopher State, Land of 10,000 Lakes, or Land of Sky-Blue Waters, you KNOW that layoffs will continue in 2023 and beyond. Only deniers living in the aforementioned locations are gullible enough to believe otherwise.
At 3M, we use PFAS and poorly designed earplugs to ruin lives and exacerbate the world's toughest challenges. We remain focused on executing our plans to destroy neighborhoods and continue to deliver zero value for our customers, while giving premium returns to our millionaire shareholders.
Mike Roman has ran 3M into the ground. When 3M was more of a family atmosphere people loved to come to work, it drove innovation. 3M had great benefits and pay was competitive. Once Inge Thulin took over it’s been down hill fast.
The latest performance of Team Roman (shown below) should remove any doubt that layoffs are far from over.
“Shares of 3M fell 0.8% on Wednesday, the worst performer in the Dow industrials, with the shares down 3.8% at their intraday low.”
THE QUARTET (Michael Roman, Zoe Di-kson, Monish Patolawala, and Kevin Rhodes), represents a maniacal team of miscreants, determined to eliminate as many employees as possible in order to remain in power. Unless and until they are removed from 3M, the Company will continue to go directly down the drain.
If bosses aren't reading this web site and fuming about what is being posted, why did a lab director openly complain about people posting her salary range and also make a backhanded slap at the lack of productivity from labs this century. She even repeated a phrase that was posted verbatim. Sorry, they are obsessed with this web site. Keep posting.
It's well established fact, though personal testimony from several middle managers, that 3M pays 3rd parties to monitor every post on every web site. This web site is a thorn in their side that they even looked at taking legal action to attack, but all of the legal funds are tied up in the lawsuits.
Yes, the 3rd parties have programmers who have cracked the code to slam any post they dislike with dozens of down grades. This post has them outraged.
Your defense of Roman shows your level of maturity. SMH
I doubt very seriously that 3M is paying somebody to watch these sites and vote things down. If somebody is being paid to do it, it’s being done under the table, and not directly from company funds.
So Roman is paying people to watch the posts? If true, somebody really has a sc--w loose.
As for the -77, I don't think that many people actually down voted the person. It's more likely someone has figured out how to post multiple down votes all in a short amount of time. I suspect 3M bosses are pi---d off about this website and have hired someone to monitor it and, if necessary, blast away with down votes. This happened under the old yahoo message board too when people like Mcnerney hated being dissed for his draconian GE ways.
I hate the -77 score in this thread. It shows just how many are out of touch with the reality of the company’s position right now.
Down-scaling is occurring and will continue to occur until some non-transparent magical number is met.
I’ve never seen it so bad at 3M. Most leadership meetings are spent cutting corners and decreasing spend. Positions are discussed and necessity is debated. This is the reality.
I would say they are hardly rumors, the cuts are fact. The better question is, when will they end?
Confirmed APAC plants executing layoff on week2 of Dec. To leave 3M by 31 Dec.
And rumours this is only phase1
Tireman will have more to come.
very high chance
Chatter… The 3M Board of Directors (https://investors.3m.com/governance/board-of-directors/default.aspx), vitiates the employment of:
Michael F. Roman
Chairman of the Board and Chief Executive Officer
Monish Patolawala
Executive Vice President, Chief Financial and Transformation Officer
Kevin Rhodes
Executive Vice President and Chief Legal Affairs Officer
Their replacements (NOT FROM GE), will each be issued a broom 🧹 so that 50 percent of the remaining management can be cut AND replaced with 3M insiders who possess the knowledge and skills to place 3M back at the pinnacle of technological development.
All portions of the tumor must be removed (including the margins) to cure the patient.
Yes, but we do not know how many
This is the master thread for 2023
There are literally hundreds of posts that you are welcome to review and obtain the information you’ve desire. M