Well everyone who is looking blood red in their GESPP must be so proud Mike has "earned" a cool 250k per each dollar loss in 3M shares.
Tireman is probably making decent dough and flying 1st class and eating like a Rockefeller on 3Ms dime too.
What's not to like here, right?
DeKalb and F. City Distro Center strikes would drop 3M to its knees ahead of HC spin-off.
Interesting point out on Woodlans plant. Heard the big customer has left and that plant is in doldrums now?
I were in a non-union plant, I'd be reaching out to union organizers ASAP. In a union plant, I suggest being ready to strike fast and wildcat if needed.
There are a few plants that could cripple a good part of 3M with a month-long site-wide strike. (Cottage Grove, Hutch, Nevada, DK6, Juechen, being just a few. Brookings would massively foul up HCBG. A couple in Asia are weak points too - Woodlands especially.)
There should be performance accountability from top to bottom - but it appears there are different rules for leadership.
Unionize.......
Shameful.