Topics regarding layoffs at 3M

Topics regarding layoffs at 3M

Company growth

This leadership is terrible. Do they even care about the growth of this company? I don't think they are dedicated to it at all. It is precisely for this reason that I don't feel like staying here anymore because it's hard to imagine a bright... — read more 

Bad all around

3M is too risk adverse to show any true growth anymore. Their litigation issues has put them into so much fear that it’s impossible to innovate. 3M is trying to approach product launches like P&G but they are clueless, slow to market, saddled with... — read more 

Jet Tracker Update - June 10

As usual, the movements up to June 10th. All trips were round trips from St. Paul N73M: May 30 - Day trip to NYC / CT - Westchester County Airport June 1 - Day trip to Philly June 7 - To Chicago, still there as of this post. N83M: No... — read more 

$466 million on Attorney fees, WTF!!!!!!!!

In January 2023, 3M disclosed it had spent $466 million on attorney’s fees so far. 3M has continued to focus on the bankruptcy of Aearo as the best avenue to resolve the claims, but in May 2023, the judge ordered 3M CEO Michael Roman to attend... — read more 

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| 3970 views | | 11 replies (last June 13, 2023)
Post ID: @OP+1n2xo2GO

I've had enough of this

I used to fear losing my job here, but the uncertainty and stress is only costing me my health and happiness. I'm probably not the only one who would accept a slightly worse paying job now just to not be here anymore?

APAC layoffs

Looks like the cuts are propagating to APAC side. And need to be done by 30 Jun.

Trying in vain to get a new offer

But now I'm starting to get worried because I haven't been able to get anything for months. I wonder if it's just me or if there are many other people in this situation?

Retire at 60?

I was let go unexpectedly 4 weeks ago. I don’t want to face the indignities of interviews and being the proverbial new guy. I have no debt, and own my North Oaks home. I have about $2 million invested. I did get a severance package that includes... — read more 

Campus feels like a ghost town, except in 223

Which feels both angry and sad. So many "leaders" walk around looking broken or arrogantly heartless. Just sell the campus to Hollywood so they can use the place to make zombie movies.

Reality Check

I love how in the job elimination TownHalls, they say 3M is “streamlining, positioning itself for the future” while completely glossing over what that means- My reality? Get laid off out of the blue. Two weeks later, father passes away. Should be... — read more 

Team leaders

Serious question, why does every person who is given a title of ‘Team Leader’ immediately think that they are above their fellow workers!!! Do they not realise they are the managers little b##ches? I know this is not just the UK I am talking about — read more 

Continous Improvement reports to Consumer

WHY does the new Continuous Improvement org report to Consumer Business Group? They ki-led Lean Six Sigma, created this, and I feel like it's bound to fail too

No company cars with SpinCo?

I know many are losing their company cars , and rumor is when SpinCo happens there will be no company cars ? Can anyone confirm this?

Job applications

I've been actively searching for new job opportunities. Most of the job applications I've come across ask if they can contact my current employer. Typically, I wouldn't have an issue with choosing "yes" for this option. However, this time I'm not... — read more 

And then they wonder why 3M is failing

theere is very little inveested in plants nowadays. a lot of equipment is held together by literally duct tape. we are so short staffed that our maintenance guys take out 3 bolts and put 2 bolts back in. everything in our plant is falling apart. the... — read more 

What options are there other than layoffs?

What are the ways in which 3M can save money that doesn't include laying off employees? I guess we can sell more stuff, but that does nothing for those who work in the sold segment. What else is there to do? I'm genuinely curious about this. Are... — read more 

Consumer Brands worth significant value

Leaders that have never led at these levels! Catch phrases like “consumer centric” but with Leaders that don’t understand consumer business. Reduction of divisions leading to lack of focus and lack of business through prioritization! Lack of... — read more 

Sweat it out and hold it

When 3m is so cheap to invest in production amenities like ac or restrooms for employees. Got to save pennies on energy bill and let labor intensive production sweat it out till they have medical issues, feinting, or possible death from hitting... — read more 

Uninvestable

https://finance.yahoo.com/news/3m-heads-trial-existential-143-110000116.html

Tiremans son one of the consultants

Tireman has spent millions of 3Ms $s on consultants to restructure, because he is in way over his head in his current role. Just so happens, tiremans son works at the very consulting agency which he hired and paid millions to. There needs to be an... — read more 

Pension I question

Those of you who had pension plan I . Did you take the lump sum and roll it over into an IRA or leave it with 3M. I personally don’t trust 3M to not mess with it somehow so I’m going to roll it over but I was just curious what others are doing with... — read more 

Operating margins

A few years ago there would have been alarm bells ringing everywhere, the minute businesses went below 20% OM’s and HCBG was always premium with high 20’s … look just where the company is now 17% total and not a business over 20% … healthcare became... — read more 

The real reason for layoffs?

Is 3M being preemptive about a recession? Taking a drastic cut in order to appear recession resistant compared to its peers? Q1 wasn’t absolutely horrendous which is what made the restructuring more surprising. My thought is that leadership is quite... — read more 

I want out, but the job market sucks right now

I have no faith in this company anymore. No trust for the leadership. No confidence that my job will exist in a year. I want to leave. But I'm not one of the ones that were laid off; I can't simply add the green "Looking for Work" circle to my... — read more 

New SVPs

Saw that two new SVPs poached from IAC Group. Any relevant experience they could bring to transform 3M?

Don't be too picky

The economy might not be in a recession yet, but the number of layoffs continues to rise and with it, the number of unemployed people. In this environment, laid-off workers are going to have a hard time finding new jobs, and many will be out of work... — read more 

Restructure Plan? There is none.

It was a cost cutting measure plain and simple. There is no plan to restructure to make things more efficient or do what your job description says. They eliminated key roles without any idea how to offset the workload. They talk about increased focus... — read more 

Why would you hire a 3Mer?

Major skills: building a story in front of the upper management cooking the SFDC Experience: seasoned management professional with 22 yrs of experience with one company.

Business as usual

Anyone else had enough of all this? I'm ready to resume business as usual. I just want to jump back in and turn things around.

Right Management Experience?

Any of the laid off folks having a decent experience with Right Management and I just got stuck with a dud for a coach? Can you recommend your coach if so so I can switch to a better one? I'm trying to have a good attitude about this, but it has... — read more 

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