CLEVELAND, Nov. 13, 2023 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, today announced that its Board of Directors has unanimously voted to elect Dr. Ashish K. Khandpur as... — read more 

Middle management and layers were mentioned heavily leading up to cuts at corporate back around April/May/June. This sounded great, but seems like many cuts were to those on the front lines that knew stuff and did things, and there is still too... — read more 

Financials look horrid for consumer business. Holiday sell in off. Retail reporting earnings this week and don’t look good.

More cuts announced in EMEA this week, almost certainly a continuation of previously announced cuts. It is very emotional. Does anyone know when the announced cuts will be completed? Honestly thought we survived them, but maybe more still coming?... — read more 

How many COC executives have resigned to join other companies (not retired) since CEO took over in 2018? Shows lack of confidence?

Just FYI, there will be no more jet updates. The site admins have erased my latest update and it looks like they erased all the others too. For your own tracking purposes. https://globe.adsbexchange.com/ The last three tail numbers are N73M... — read more 

This ship is sinking

If 3M keeps going the way it's headed, it's basically going to shrink down to just a skeleton of its former self. We will come to a point where it can't even function properly and then it will collapse and drag down whoever is left along with it. If... — read more 

https://www.osha.gov/news/newsreleases/national/11072023

How are things going without half of the MTE’s? Seems like laying off so many of them may have been a huge mistake!

Now that I have lost my net worth - and daughter's tuition - we can all look back at the thousands of lab colleagues, business and supply chain friends who lost their jobs due to team performance - fired in 50s, bullied/pressured out, etc - but there... — read more 

Who's running the site?

Anyone have the full article of https://www.barrons.com/articles/3m-stock-dividend-safe-51662058756 Title is "3M’s Next Problem For Investors Could Be The Dividend."

Looking at this month's announcements, looks like there are many executives hired from outside. Also, there seems to be many role expansions of the SVPs and VPs. Cost cutting measures?? Or these people can actually load on more??

“Let the flogging continue until morale improves”

I launched a product this year and my score rank seems to be a "Meet". What is MR's EPR score?

Ouch

Finally something good. BH wasn’t delivering much, and was at the SVP level. Hopefully the CIDO will be next!

So Moni is slated to speak at the next investor conference on Nov 8. Here we go again. Another round of negative warnings followed by massive destruction in shareholder value. NEVER LET THE ACCOUNTANTS SPEAK IN PUBLIC OR REPRESENT YOUR COMPANY! Bean... — read more 

I wasn't keen on spending 2 hours only to hear vague responses.

After 25+ years at 3M, my position was eliminated last year. I am now ready to go back to work. And I am only interested in working at 3M. How does one find a contract position at 3M?

We all know that 3M grows primarily with new products, generally products launched in the last 5 years. While MR have been the architect for all the big structural changes (SAP, Advance 3M, Spinco), the HUGE glaring problem is growth. And that falls... — read more 

I was eliminated after 31+ years at 3M (was not able to retire - not 55). In early October was offered a one year contract job within 3M Remain Co. I accepted the position with a start date of November 1 or before. This week the hiring manager... — read more 

In yesterday’s earnings report, MP mentioned a good part of restructuring expenses being pushed out to Q4 because of country specific laws. Well, I just heard that 3M China layoffs are happening now. A sad day for my former colleagues in China. — read more 

When commenting on overall market softness for consumer products, Mike Roman said, "There is a broader story around consumer retail for us, the shift you have spending from discretionary products in areas like food and experience kinds of spending... — read more 

Just read the news. A great third quarter should mitigate any layoffs. Congratulations all.

ST PAUL, Minn. (AP) — ST PAUL, Minn. (AP) — 3M Co. (MMM) on Tuesday reported a loss of $2.08 billion in its third quarter. On a per-share basis, the St Paul, Minnesota-based company said it had a loss of $3.74. Earnings, adjusted for non-recurring... — read more 

Well done M&M Continue the cuts......

Honestly wouldn’t mind staying at 3M for the long haul (however long that will be at this rate) , but I’m wanting to branch out from my current position ( would stay in same job grade). Out of every 20 3M applications, I’ll get maybe one real... — read more 

Todays video is on McKinsey. https://www.youtube.com/watch?v=AiOUojVd6xQ

Time to start sending Mike some congratulations on your retirement everyday wins!

I posted a while back and said I escaped and would do a Q&A thread for those interested. Well, here is that thread. The rules: I'm still going to keep my identity vague. I will say I was at least director rank when I left 3M and had worked at... — read more 

October 17, 2023 Scammers are attempting to defraud claimants involved in the $6 billion settlement related to 3M combat earplugs, which are alleged to have caused hearing damage. Judge Rodgers issued a warning about fraudulent actors posing as... — read more 

I am sure enough of us already dread the outcome from this call. What is going to be announced?

I'm too scared and I'm a big enough man to admit it. But if I get laid off, it will be like getting my prison sentence commuted. So now, instead of dreading layoffs, I'm low-key hoping we have another round as soon as possible.

Had anyone else noticed that while the number of jobs posted for RemainCo is already slim, it seems like a good number of them are being reposted? Are people so afraid of taking a new job right now that we can't even fill open reqs?

Stock price is low, staff motivation is low, sales are low, and rumours abound.... where does the decline stop?

Extended CEO huddle coming to discuss strategy, performance and path ahead. Two hours is a long huddle - what’s coming next?

Any thoughts of the synergy - how will EHS improve under ESC CBG leadership?