After 32 years at 3M, I retired almost 5 years ago. Took the lump sum, moved my 401 to an investment firm and sold most of my 3M stock. My only tie to mother mining were options I held. Stock was at $250/share then and I mistakenly thought I would ride the stock up a bit to avoid a tax disaster. Well, bad plan. None of the 5 options I have remaining are worth anything. My last one I received was $233/ share!
Thankfully I’m over it, actually laughed about it the other day. I feel so bad for all of my colleagues that are trying to hold on to a job they now hate to get to some magic number.
My son also worked at 3M and was recently downsized. He was lucky enough to be let go a couple months back and was able to find a new job, hopefully a new career.
Good luck to everyone now searching for a new job. And I am sorry that 3M was not able to give you the kind of career you wanted.
2 replies (most recent on top)
the world is changing , and a3m was mean't to move with it, but overbearing DEI and selfish narcissistic overthinking C-Suite fools are partly to blame currently for moving to the port side of the rowing boat all at one go instead spreading out and keeping the boat afloat. The long term employees of which I am one (27 years) have seen this mess coming for many a year. Our values from fifteen to twenty-five years ago are diminished and the company sees a totally wrong picture with stupid decisions being made at defining points after the millenium, I still care for this company but it is breaking me to see how senior figures are ruining it, we have far too many executives who are creaming a living and really need to look at themselves
Yep left after 35 years less than 2 years ago and couldn't be happier personally but do feel for this recently let go and also those "survivors" left to carry the load and live dreading the next inevitable wave.
This has been a nightmare that takes even darker turns every 3 to 6 months. Teams meeting used to fire 12 people simultaneously, people who don't even know each other.
Lewis Lehr and Desi would have booted at 1st sight any HR person who proposed a group firing of Mother Mining employees. People affectionately called it by a personal name.
Tireman has no loyalty to anyone but perhaps his external hires (even the one in sourcing that just left) and of course Kearney where DG works in DC. To him, 3M employees are the defects and in his Sick Sigma mindset, the goal is to eliminate defects.
Crazy and sad