What will be its next stop? With all the bad news about 3M leadership succession
Of course
Why not get rid of one of the few guys left in upper management who seemed interested in doing the right thing and who knew what he was doing? That fits perfectly into this "leadership's" incomprehensible agenda (and I use the term leadership very... — read more
What a cluster F! Can things get worse?
Vale was named to a role that made him heir apparent CEO just three weeks ago. Not that people loved the guy but he was one of the few "tell it like it is" people around. So, really, Mike and Monish and Board (yes, talking to you too) do you expect... — read more
Any guesses for Vale's departure?
Inside trading? or a fight?
Emea man and supply chain layoffs?
Just a thread to discuss this. Heard any rumours?
How ironic if some laid-off 3Mers end up at Kearney
I wonder where people are going to end up when the trimming/slashing is done (this round at least). Sure, competitors will snap up some of the talent but not all of it. 3Mers could definitely outclass some of the Kearney losers that have swarmed on... — read more
GSC CR layoffs
I've heard that last week GSC GC was hit with layoffs, but I don't have any details - anyone could shade some light?
3M is truly screwed once job market improves and people start quitting in droves.
I see a pattern where younger workers are getting hunted down due to lay offs and older folks are ready to retire 2-5 years from now. Only thing keeping a lot of people from quitting now is bad job market once that is improved, 3M is screwed big... — read more
3M automation
Just like Mcd and Walmart, 3m's new push is replacing employees with robotics.
STOP Managing Safety Through Games, Gimmicks, and Circus Like Events!
If you are LEADER, stop managing safety in such amateur way. No more slogan contests, safety Bingo over the PA system, or signing "commitment banners" hung on the wall. This starts with eliminating the latest gimmick "Safety Always." If I were a... — read more
I don't remember a worse period
I haven't been here that long, but in the few years that I've been here, I don't remember a worse time than now. You? I'm disappointed because I think it could have been a lot better if the leadership had made the right moves.
Retirement?
Retirement? I don’t know if I should retire from 3M or continue into SpinCo. I have my “tentative” SpinCo email. I love my job but I’m of the age I could retire. Financially is why I continue working. Has anyone have insight for retirement... — read more
It's happy hour time in Maplewood. Join me for scotch
Another long week deserves another Friday night. This evening's Teams call will include such spicy topics as: Best practices for quiet quitting (led by Mike himself! Did you see that earnings call!) The intrinsic value of Kearney (you can... — read more
Now I'm really steamed.
This company has messed with everyone's careers, with the environment, and now with the stock market. I care more about losing my investments than losing my job. Stock price below 100??? Now I'm steamed.
167.00 a month
Decatur announced 1000.00 every 6 months as a retention bonus thru 2025 for all affected PFAS chemical employees to keep workforce in place to fulfill 3m’s obligations until a determination on end of service date , same laid off employees in January... — read more
Skills are the most important
Those who have skills will find a new job incomparably easier. What is problematic for some is that their skills were eroded here over time. What is your experience like? It would be great to hear that there are more of you who are satisfied... — read more
Does anyone still work in office at 3M Center?
Seems like next to nothing in the way of cars. You can have your choice of parking spots. Are that many people WFH still? Back in the 80s, there were more people in the lots on a Saturday morning than what you see today. Then again, people would put... — read more
Paycuts effective July 1
Aip to be effectively adjusted, plus 10 percent paycuts. Welcome to what's left.
Layoff list
I got a list of people based on age and pay rank of who was eliminated. If there were multiple people on a team let go, but not everyone, does that mean they actually assessed our skills and let us go based on that factor?
Twin cities two step
Amazing to see how Roman has conducted his layoffs and keeping his good ol buddy network alive by implementing the twin city two step. For those that arent aware, this is where you sh!tcan an entire organization but then keep the failed leader if the... — read more
AIP
I support giving production employees the same "bonus" program (AIP / Annual Incentive Plan) that 3M implemented for salaried people many years ago. We aspire to be an inclusive company, so maybe we should apply the same compensation principles to... — read more
All companies are the same
I hated my old company because it didn't give a damn about employees. Managers would rank employees each year, and the lowest-ranked employee from each team was terminated, regardless of their performance and the team's overall success. This created... — read more
Correlation: layoffs, stock price, injury rate, then (90s) vs. Now
Thanks to WFH and 3M not caring about anyone's performance but only how to cut more costs (ad nauseum), I've had some time to research into the comparison between today's corporate world and the 1990s, when "rightsizing" became the craze in corporate... — read more
Moving phDs from Corporate to Divisions
To save talents?
Stopped doing my job until there is an official announcement layoffs at my group are over. Reasonable?
Why would it keep doing my job since my role maybe eliminated in 2-3 weeks? Anyone else in the same boat and struggling with productivity?
3M stock below $100
Winning?
MMM 100.3 stock price
And no changes to leadership On its way to a penny stock
Just Listened to Annual Shareholders Meeting
What a snooze fest. A third of this 35 minute broadcast was administrative blather and CYA statements. Roman's comments were obviously highly scripted (you can actually hear paper shuffling) and very stiff. No emotion, no passion, and especially... — read more
PdC “industrial accident” death
Rest in peace to the PdC employee who passed away this morning due to an “industrial accident”. Please keep family in thoughts and prayers. Details aren’t really released yet. Tragic stories like these make me want to distance from Mother Mining as... — read more
3M
Mike and his minions, the board, you’re an embarrassment to the employees of this once amazing 3M family. It was brilliantly woven with strong values and work ethic and all grounded in every employee feeling personal responsibility for the success of... — read more
RSU and spin
What happens to our RSUs at the spin? Wish I could get this stock and sell it all!!
Austin Offices Closing?
Are the offices and Labs all closing in Austin?
swot
SWOT Matrix Strategies Objective The primary purpose of SWOT matrix is to identify the strategies that an organization can use to exploit external opportunities, counter threats, and build on & protect 3M strengths, and eradicate its... — read more
Layoff crystal bowl: timing for next move
I think we've all realized with the M&M&M boys that it is no longer a matter of IF but only HOW SOON AND HOW MANY. I watched the market today, around my price is right break and my 2 pm nap. 3M came perilously close to dipping below 100 in the 1st... — read more
3M Tuition Reimbursement
Curious if anyone has either 1) been laid off or 2) voluntarily left the company while 3M was paying their MBA (or other graduate degree) tuition. Did they make you pay a portion back? How did they handle it if you were mid-degree and you were laid... — read more