Most of the time I only hear negativity from co-workers, colleagues and headlines when mentioning 3M. It feels like there are always projects or reorgs that never truly help. Has anyone noticed any recent positive changes in their plants or work... — read more
Recent Layoffs
Seeing several recent postings on LinkedIn about 3Mers recently laid off. Is these recent? In the past week or month? Heard many were let go late last year (Q4) that were apart of the 6500# announced in April. Whats going on? Are the BGs making... — read more
3M executive named as A. O. Smith president likely next CEO
Any idea who this is? https://www.bizjournals.com/milwaukee/news/2024/03/18/ao-smith-names-new-president.html
The April Purge
Brown wasn’t pulled out of retirement to rebuild what’s left of 3M. Mike will execute on the April reductions and then slither into hiding where he will continue to gain wealth until the turnip that is 3M is finally squeezed dry.
New CEO going to change Work your way?
Just curious if this new CEO is going to mandate people to come to the office like other companies are already doing. I know work your way was a MR thing. Sure working from home benefits the employee but given how 3M is doing I don't think it's good... — read more
Layoff's incoming
Tuesday morning at the same time as the new CEO meeting SIBG leadership met and discussed things. Someone was foolish enough to forward an email follow-up from this meeting which stated We need a 10% year over year TVOS/labor hour improvement... — read more
Job reviews
I’ve heard rumors that jobs and titles and job grades and market references will be reviewed. Does this happen every year or is this new? I am stilling learning the company, but something doesn’t feel normal right now, or maybe it is and I just... — read more
Hope for 3M
Maybe with the new CEO there is finally a bit of hope for 3M? However, he must “clean house” in order to be an effective leader. This will not be easy. He must make sure our Ethics and Compliance team takes complaints seriously. If a manager does... — read more
Share price surge
Wonder how Mikey feels when the market welcomes his departure as CEO with a stock surge of >10% in 2 days?
Good Bye
Farewell to a grey man in a gray suit with grey ideas. Although possessed of a limited vision, Roman nevertheless lacked the charisma to achieve it. 3M became weaker by many multiples during his tenure- the stock was around 258.00 per share on his... — read more
New CEO New hope
Anyone think so?
The atmosphere at work is at an all time low
Everybody knows this ship is sinking. There is zero confidence that management can fix the situation and turn it around. If you're not looking for a new job, you're in the minority.
Another TEBG div president leaving
There goes another one leaving for another opportunity
Share price closing on Apr1
Any predictions of the 3M parentCo share price on Apr1 closing? Let’s get the guesses rolling.
Even a Motley Fool knows 3M has lost itself
Should you buy 3M stock - Those charts really su-k. https://www.msn.com/en-us/money/topstocks/is-3m-stock-a-buy/ar-BB1jfKpW?ocid=entnewsntp&pc=U531&cvid=07202a4c78c54d9c83b708cc690fd599&ei=50
3M WC Insurance
3M work comp insurance is sc--wing over everyone who has been injured on the job especially if you work overtime. If you've ever filed a claim I recommend getting an attorney and looking at your payroll. 3M corporate facilitates with this fraud by... — read more
Nat’l Employee Appreciation Day
Meant to make this a post instead of a reply. I wonder what we did for our employees on Nat’l Employee Appreciation Day. Wait-we decided to let go another 250 in SIBG this week with some being told today. Pathetic... — read more
Where is Monish?
Monish seems pretty low profile lately considering he is our only president. Has anyone seen him lately? Maybe he isn’t the heir apparent? (FINGERS CROSSED!!)
Leadership is (perhaps intentionally) cutting 3M out of existence
Discipline on FTE? If global headcount doesn’t go down by the same rate as cuts, it means they are rehiring elsewhere (cheaper) for SG&A cuts. This means good people that know stuff, do things, and are close to the products and customers have their... — read more
More details on cuts
Timeline, regions, groups? Or are they just going to keep us in suspense?
VP/SVP salary
Any idea?
SIBG employee huddle tomorrow
Any speculation on what this will be? Are any other BU having these?
WHY hasn’t MR & MP been fired?
Please explain this. If the Board of Directors aren’t in control, who is?
Future of work managers job might end sooner than she thinks
https://fortune-com.cdn.ampproject.org/c/s/fortune.com/2024/02/23/beth-lokken-3m-future-of-work-manager/amp/
3M and Solventum Stock
Thankfully I was able to get out of most of my 3M stock in 2020 at $161. Soul crushing knowing that I purchased 3M stock for the past 30 years as part of the GESPP. I have been out of the GESPP for awhile now, but stayed in a lot longer than I should... — read more
Any VP and above executives laid off in the latest R&D or IT cuts?
Curious to know if they’ve taken ethics and compliance violations into account or even lack of growth, as they made these decisions
3M is promoting incompetence
Why are we promoting incompetence at 3M? The company often puts people in positions that they don't really deserve, and then it becomes apparent that they're unqualified for the job within a matter of months. And nothing is done to correct it! How... — read more
invest in 3M Spain
why so much investment in UK?, losses are greater in UK , in Spain big future is ok, no?,
Innovation Centers -- still operating?
Are any of the Innovation Centers still operating/staffed outside of the building in Maplewood? At one point there were over fifty 3M CICs/CTCs around the globe, but last I heard they were moved from Corporate Comms to R&D a little over a year ago... — read more
I need to find a new job as soon as possible
It's not just the lack of job security and the eroding benefits. I don't want my reputation aligned with 3M. I don't want to have my future career burdened by the years I spent here. Yes, I'm at the point where I'm ashamed of the company I work for... — read more
$91
Great job by the Executive Committee!27
More Layoffs
Corporate lab groups got whacked today. Sorry to those impacted. Clearly employees are not indispensable.
Is this a failed company?
This is a failed company. 3M has 40 pages of Commitments and Contingencies in their 10K. This is a fancy heading for Legal Matters. Read all 40 pages and then tell me this is a good company. Dividend cut coming this year. Bankruptcy reorganization by... — read more
3M HR is toxic
Do not trust HR. Do not trust HR. Do not trust HR.
PFAS in Washington’s well water could make you sick by. Andrew Engelson / February 14, 2024
The town of Tumwater, on the outskirts of Olympia, has long been known for its crystal-clear drinking water. The now-defunct Olympia Brewing Company built its reputation on the area’s artesian springs, adopting the tag line “It’s the Water.” The... — read more