I am assuming this is public info. Thank you.
Q1 earnings call and layoffs
I am hearing 10-15K layoff number. Anyone in management that can confirm?
Q1 Earnings call in less than a week away- what the message to shareholders?
Less than a week until Q1 Earnings call , if a big announcement is coming it’s right up to the very last minute . What businesses have already had news shared?
Who decides who to lay off
For a rough guide for US staff groups: Supervisors/Managers whose groups are not impacted - will find out at roughly the same time as everyone else. Maybe an hour or two before. They won't even see the list until after the announcement. ... — read more
Anyone received their Annual Increase yet?
How much did you get? I thought they were supposed to be available in Workday now but mine isn’t. Radio silence about it from my manager so far…maybe that’s a bad sign!
It is amazing how people live to work
Get themselves into debts that they do not need just to satisfy some fake social status, but once they hear a whip, they will comply with anything to keep the theatre going.
Europe to get American Jobs
Looks like European plants will be taking the American jobs and a lot of the work production as its cheaper than the dollar, the quality of work is much better and also finalizing HC Spinco to Ireland.
Kind People
Are My Kinda People!
How does severance work?
I feel it coming. How does severance work? I've heard is 1 week/year? I don't have a year yet, am I not getting anything? Also have heard about "signing the letter" what's that? I have seen coworkers who were laid off and they never came back... — read more
3m in a nutshell
https://youtu.be/j_1lIFRdnhA
I always hide
Because, I have heard that good employees are hard to find
Remove bonuses
Get rid of bonuses to salary management. Pushing numbers at the expense of quality to customers is not worth lining the pockets of the worthless. 3m greed at the finest.
Morale is terrible due to constant layoffs
I don't know about others, but ever since layoffs became more frequent and job stability became a concern, I've been experiencing a lack of motivation and I can no longer do my job as before. Managers who have higher expectations of us than ever... — read more
Loyalty towards 3M
Yesterday my team was on a receiving end of a speech from our manager that kept emphasizing company loyalty. He was serious! He honestly thinks that after everything that happened - from layoffs to lost benefits to horrible employee treatment - we... — read more
A couple weeks out
We are a couple weeks out from business restructuring, realigning gtm strategy, aligining under the divisions. Of course this will mean more cuts.
We are tyred
Of all this
How safe do you think your job is?
I am extremely anxious even though I have colleagues who do not worry in the least because they think that their positions are safe. I don't know what makes them so sure of themselves.
Don't trust HR
I know this is probably common knowledge but I need to reiterate it once again: HR is not your friend. They're nothing more than marionettes dancing on the strings of the CEO and Board of Directors. If you think they have your best interests in mind... — read more
Big announcement coming?
Have heard some higher ups hint of “big announcement” from multiple groups at different town halls or meetings Has anyone else heard anything? ChemOps spinoff? More BG spinoff?
3M’s healthcare spinoff may not stay in Minnesota, Star Tribune reports
3M’s healthcare spinoff may not stay in Minnesota, Star Tribune reports Guess will move to Texas
Too many useless managers
Apart from spreading their toxicity, I don't see any middle managers contributing anything to this company. The rumors about layoffs are spreading but there is no indication that they are the ones to be targeted? What do you think?
A. HEARD leaving 3M
Even the safety chief is throwing the towel. What's next
Predict the number..
We are 2 weeks out from the Q1 report and many here are expecting a layoff announcement to come with it. Just wondering what is the consensus on what the number will be. no layoffs another 2,500 but white collar jobsthis time 5,000 ... — read more
Psychological safety survey
I just got an email this morning for a survey about “psychological safety” in R&D. I cant help but wonder if this has anything to do with the post made a few days ago. I am surprised at how quickly something like this is addressed. I have no hope... — read more
51 fLAVERS ….
Jeff,,,, They are coming for you! The wolves are circling The chickens have come home to roost This is what happens when you don’t take care of the people who work for you … Buh bye loser
Interesting stock analysis
https://seekingalpha.com/article/4593157-3m-multi-year-lows-investors-predict-more-troubles
It's humiliating
If those who are selected to go to SpinCo are telling the truth, namely that they did not receive any additional information about pay and benefits, then this is definitely the least transparent company I have ever worked for. How is it possible... — read more
3M is not a psychologically safe place to work
I have seen seen managers yell at employees who disagree with them. They berate employees for no reason. The level of narcissism among the senior leaders it is impossible for many to admit they are wrong or refuse to listen to advice or opinions from... — read more
Rumors of huge cuts
There were several rumors a few weeks ago of huge cuts coming in April, anywhere from 10k to 15k employees. I haven't heard anything about it since then, so I'm wondering if those rumors just fizzled out because they were not true or if we're going... — read more
Who got their letters in the mail?
I wonder who all got their letters in the mail today letting them know if they were chosen for the new spin off company ? I know many received them today.
A lot of 3M jets moving this week
3M flight activity has gone through the roof this week. For the last couple of months things were pretty quiet with usual plant and NYC visits. Now they are flying like crazy... I wonder what is going on? By tail number (skipping stops in St... — read more
Where is this company going?
It's quite worrying that so many people think the company has no plan and no elaborate strategy. I must say I agree with them and that's why I can't even imagine what this will look like in a few years. I hope I won't be here by then and will... — read more
All they know is cost cutting
Perhaps my perception is wrong, but it seems to me that all the leadership knows how to do is cut costs. They don't know how to grow business and if cutting costs is all it takes then anyone could be a leader because that's not very difficult to... — read more
TAKE A DEEP BREATH AND PLAY THIS WHEN FEELING FRUSTRATED
https://m.youtube.com/watch?v=dkrAF4o4Tdg