Thread regarding 3M layoffs

Are we winning? Is Monish the CFO a winner?

If you invest 10,000 in GE the day he leave, you have 19,000 today. If you invest 10,000 in 3M the day he come here, you have only 6700 left over.

Is this winning play books working?

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| 2191 views | | 8 replies (last March 11, 2023) | Reply
Post ID: @OP+1lztOWrj

8 replies (most recent on top)

Yes. Lower stock price makes it less expensive to sell off undesirable assets.

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Post ID: @1hci+1lztOWrj

Better get house in order as stock will continue to move lower.

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Post ID: @1tde+1lztOWrj

The Board is bought. Impotent. They are aware of monishs toxic management style and romans grand failure. Dont forget they signed off on both. So firing him or roman would show they didn’t know what they were doing in the first place.

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Post ID: @emc+1lztOWrj

Honest question, why hasn't the board of directors taken action to remove Monish if company finances are as pi-s poor as described above? We have hear scuttle all across company about restructurings and more layoffs. If things are really going south where is board of directors?

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Post ID: @gjp+1lztOWrj

Why is MR still paid his $20,000,000 salary when the company share price is hitting 10 year low??

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Post ID: @spr+1lztOWrj

these are the rolled up dimes and quarters from all the successful waste management the plants have saved over the last few years, could be spent on a decent payrise for the production employees but awe no, just let Tireman sp--k it up the wal with consultants

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Post ID: @uzv+1lztOWrj

The internal state of finance operations is in SHAMBLES. The excuses of I'm new are over!! That entire function’s incompetence is becoming apparent. Im sure IT is a hot mess too!
He is incompetent and toxic to the core.
The only one’s winning are him and his incompetent boss and robbing the company. They are definitely excited about the future.

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Post ID: @kbg+1lztOWrj

Does he understand math? Or how companies make money? Consultants are not free and cost more than all the sales and production people we are letting go.

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Post ID: @sgu+1lztOWrj

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