I would never have believed I would say this 10 years ago, but I miss the days when executives would just come out and say the word layoff. All this bullsh-t about transformation or transforming the way we do business is ridiculous. We all know at the end of a transformation there will be less people in the team.
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The equation of transformation=layoffs has been in play since the beginning of time at 3M.
Escape if you can, it's SO much better outside.
Oh yes, project vapor.
@pe they don’t ‘announce’ anything…they sneakily get rid of people ‘under the cap’ to avoid notifying employees and the public etc, because they are spineless, soulless, greedy, shortsighted, mounds of excr-ment…but if I’m wrong and they DO announce layoffs on Wednesday, the vapid th#nd3rc#n+ of McKinsey & Co. herself, Lizard H, will ask y’all to congratulate the executives for lining their own pockets while scr3w1ng over the rest of us!
So is this meeting Wednesday for the people getting let go?
Why does the Senior Team think they can cut they way to success. Never worked before, all it does is create a resentful and demoralised work force.
Absolutely right - the stock will show it over time and 3M will be split apart. There simply aren’t short term cuts and slogans left to pretend there is a real plan or adult leadership. Collect your paychecks and find ways to detach 3M from your personal expectations- the company died years ago and the ending takes years. Sorry
Has the IA team been transformed yet?