Studies have shown lay offs don’t support stock even through a quarter. We need more unions- most People live paycheck to paycheck while executives make millions and pretend to care that they’re cutting thousands of jobs- most of which are... — read more 

I don’t care about the fluff just give me the specifics- am I safe or not? Jeff L and karrie i don’t care how you FEEL about letting people go while making millions.

If your one of the 6000, who calls to tell you? Is there an HR team making the calls (that job must suck), or do we hear from supervisor or division leaders?

Given all the threads asking for changes in leadership, I thought I’d take a moment to share my confidence in CG moving into the new SIBG Group President role. In many direct and indirect situations I’ve found CG to be a very thoughtful and... — read more 

April 20, 2023 Update: A bankruptcy judge in Indiana is hearing or-l arguments this week on a motion to dismiss a controversial bankruptcy filed by 3M earplug subsidiary Aearo Technologies. The bankruptcy court has already refused 3M’s request to be... — read more 

Kodak went from having amazing products and excellent employee benefits until it went of course in the late 1980s. The early and mid 1990s were filled with an endless string of layoffs in the thousands, often two or three a year. Is this company far... — read more 

Yes, all level managers, do your jobs! The bottom feeders will deliver once you stop validating your importance and stop the internal politics!

With the lack of trust in executive leadership, we have the ability to all come together to send a message through our votes. While each of us may only own so many shares of 3M stock, now is the best time to exercise the right as a shareholder and... — read more 

I wonder why we applaud them and clap our hands in these town hall meetings. Senior Management have zero ethics, accountibility, or respect. Can we stop applauding them in future town hall meetings to send a symbolic message from the commoners in... — read more 

CEO huddle or CTO huddle? Both seemed clueless, giving non answers to almost every question asked.

There was a question on R&D productivity from a Wall Street analyst this morning. They have caught on that R&D is faltering, and they are right. The basic problem is this: 3M has fully misplaced its R&D resources on the wrong type of... — read more 

Any guess on what 700 acres with miles of shoreline in northern MN fetches these days? Wonewok has been under scrutiny for decades, and they've finally shut it down & will begin marketing it soon. Jimmy Mac wanted to sell it in the early '00s until... — read more 

This news release contains forward-looking information about 3M's financial results and estimates and business prospects that involve substantial risks and uncertainties. You can identify these statements by the use of words such as "anticipate,"... — read more 

CFO did what he is paid to do… put the best face on bad financial news. Patolahahaha should be commended. Layoffs will be minimal.

The Wall Street Journal Coverage: 3M to Cut Thousands More Jobs as Sales Struggle Restructuring to focus on faster-growing businesses including industrial automation and climate technology Link:... — read more 

https://twitter.com/TheLayoff/status/1650912650564452385

Rumor is that Hammes is retiring. Has Tireman Gibbons left or is his still flying around preaching "the only fixed cost is depreciation" Hard to believe any company could be this poorly run and no one is forced out nor resigns.

cannot even answer question directly Trust the process!!

What a disgrace 3M has become. There is nothing in the news positive they do anymore...layoff after layoff after layoff and lawsuits. I can not believe what a joke this company has become since the take over of MR. I am beyond grateful I made the... — read more 

I am amazed how M&M can spin today’s announcements as a strong/healthy company taking actions to become even stronger/healthier. Please don’t buy this narrative, the reality is the company is financially unhealthy and is rapidly selling assets to... — read more 

3M announces mass layoffs as manufacturing slows 3M announced significant layoffs Tuesday as part of yet another major restructuring plan as the manufacturing sector prepares for a possible recession and slumping demand for goods... — read more 

When it comes to finding a new job, networking is key. You gotta put yourself out there, connect with people, and make sure you're on top of your game. You can't just sit around waiting for an opportunity to fall in your lap. Start attending... — read more 

Layoffs always existed at 3M, but at least we knew once a round was done we were safe for the foreseeable future. That's no longer true. Now I feel like we are worried about layoffs 24/7, and as soon as one round is done we start speculating about... — read more 

Obviously we are all hearing there could be massive layoff's announced tomorrow. Anyone have any insight into the specific teams/groups that are likely to be hit?

There's so much talk of what might be announced tomorrow...from 10k-15k job cuts, to restructuring, to cutting plant spending, to new Spinco name/leadership...etc etc. Anyone have any actual knowledge of what might be the topic tomorrow?

The ultimate goal is to reduce headcount to 60,000. Lots of folk’s hanging on, complaining, but gripped by fear, they stay on. Like Bed, Bath, and Beyond, 3M will ultimately be forced to file bankruptcy.

Everyone is expecting a big announcement on Tuesday now. Significant job losses, huge restructuring. I think (hope!) rather than a random number we will actually get some substance behind it to see where that number is coming from …but this post... — read more 

Correct me if I am wrong, but isn't the ceo huddle usually 2-3 days after the quarter report? 10:00 the day of q1 report implies that me that there is big news they want to get infront of asap My guess is a spinco delay, bad q1 results and large... — read more 

Hearing about plant operations committee emergency meetings. 2 in the last week in Hutch. Any others seeing the same in other places?

On Aaero tactic. May become part of the narrative

We take daily pain meds and hot showers to dull the pain from working never ending overtime because the average turn around is less than a year. We don't have the staff, equipment, or space to surpass our daily sales cap so everyday we fall more... — read more 

Will last years aip get cut ? Has anyone revived theirs ?

Anyone know what day we’ll find out whats happening? This week? Next?

It's time for you and I to begin your search for a new job. The recent layoffs at 3M shouldn't discourage you as there are plenty of opportunities available. Losing one job does not mean that you cannot secure another one. Your intelligence... — read more