Topics regarding layoffs at 3M

Topics regarding layoffs at 3M

New hiring

Funny seeing all the happy posts of new hires and adds to the company. I thought we were reducing staff. Can you say "let's replace the JG 14 - 16s with 11 - 12s?" That's how much integrity 3M has now. That's why they don't bother saying "3M... — read more 

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| 3990 views | | 15 replies (last July 16, 2023)
Post ID: @OP+1nAy4IpR

so much cheek he could have another bu-t

this rubbish just in from the C.E.O. ON LinkedIn.........................At 3M, when we think about how we can best help support our communities, and create a more equitable society, we follow a simple approach: listen, understand, act. By starting... — read more 

Recall

Critical failure hold on half of the production inventory at a plant in the safety division. Shows how incompetent the management and training bleeds down to production. Experienced employees have moved on. This is going to be a huge money hit. Big... — read more 

3M is stuck in the past

And I don't mean a few years, but a few decades in the past. That's one of the main reasons why things have been going the way they have been going. We need leadership that will push the company into the present and leave the old-school, failed... — read more 

What's next?

Anyone feel like the layoffs did nothing? What else needs to change? More layoffs?

3M Red Flags

Anyone have any comments on this website and video about 3M and its stock ? https://www.fool.com/investing/2023/07/09/3-red-flags-for-3ms-future/

Mandatory Retirement

gmtoday (AKA Greater Milwaukee's Trusted News Source) posted an article on their website by Brooks Johnson on Saturday, July 8, 2023, that contained a very interesting statement (paragraph 7): "Amid all this pressure, CEO Mike Roman is orchestrating... — read more 

When do severance checks post?

I've heard from colleagues who were JEP'd last year that they received their severance check before the end of their first month of being a non-3Mer. June 30th was my last day and my final paycheck posted as usual. I had another deposit from 3M... — read more 

Q2 earning call

Anyone wants to predict how's the outcome? Anymore restructuring to be announced?

Years without a promotion

I find it really strange that a person stayed here for years despite not getting promoted for all those years (7 years or more). But this does not seem to be a rare case here at all. What's the deal? I would never stay anywhere and stagnate for... — read more 

Spinco

The separated healthcare business will pay a $7.5 billion dividend to the parent, which would also continue to own just under 20% of the company that it will liquidate over time. ST. PAUL, Minn. – October 11, 2019 – 3M (NYSE: MMM) today announced it... — read more 

Ways to boost morale

Maybe those at the top don't think that the departure of experienced employees is a big problem, or maybe they do, but I don't have any hopes that they will do something about it. I'm wondering though, hypothetically speaking, what could they... — read more 

3Mhealth.com email

IT is converting all A# @3M.com email addresses to A# @3Mhealth.com email addresses. If the name wasnt going to be 3M Health Care, why would IT use 3Mhealth as the domain? Unless they are going to switch everything twice?!

TTS renamed back to IT

After several rounds of renaming, 3M decided it is best to name this department ----- IT. Wonder how much resources it has spend to keep changing the names

Growth is dead

The executive leadership doesn’t appear to know what made 3M great. Margins are down from what they promised Wall Street but 3M is still very profitable, for now. The issue is that growth is dead. MTE, LVS and corporate lab cuts mean less new... — read more 

No high hopes

Somehow I still haven't lost hope that there could be some improvement here, but no matter whom I talk to, no one has much hope left. Why? Have you lost all faith in our leadership's judgments?

Hope things start looking up soon for 3M

As everyone knows, mother mining recently laid off about 10% of her workforce. I was, in fact, one of the casualties. I feel for my fellow 3M'ers who were recently let go. Now as a shareholder, that means 9000+ less employees on the books. Assuming... — read more 

Tireman hires former coworkers

Tireman has brought in former buddies from past companies as SVP executives who are once again under qualified to lead such a large globally diversified mfg conglomerate.

2 new ESC SVPs

Let’s extend warm welcome to the two SVPs to ESC family

Visits

How did the visits to Aycliffe and Bangor go over the last few days ????

3M Health Care

3M previously announced it would retain a 19.99 percent interest in whomever purchased the remaining 80.01 of their Health Care division. Mr. Rohit Kashyap a former KCI president, recently left MiMedx, to return to a key 3M Health Care competitor... — read more 

Q2 Results

With only 2 days till quarter end (at time of posting), what is the feeling for the results, more heart ache and carnage from a so called leadership team? More "Trust the process"??

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