Topics regarding layoffs at 3M

Topics regarding layoffs at 3M

Horrible president

During all my years at 3M I have never seen so many layoff or restructuring as I have since he has taken his corner office. Horrible leadership and has no idea how to run a company!!! when will the shareholders open their eyes and have this guy... — read more 

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| 2130 views | | 7 replies (last January 25, 2023)
Post ID: @OP+1kQSVz6E

Rumors in Hutch

Layoffs in Hutch are just rumors. Ha. Writings on the wall. Time to face the music for all those who think that there will be none.

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| 980 views | | no replies yet
Post ID: @OP+1kQ4KZhn

Any tireman sighting today?

Daddy Starbucks is usually the type to laud these kind of layoff announcements as "efficiency." Has he made any appearances yet today, or has he too turtles up in his office like Mike? To the person wondering how much 3M is paying consultants like... — read more 

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| 2400 views | | 9 replies (last January 25, 2023)
Post ID: @OP+1kQtpy0e

Which locations are cutting headcount?

I've worked as an engineer in multiple 3M plants, and on projects in many, many more, so it's hard not to be particularly disapointed with such a short-sighted executive choice. In the spirit of transparency (a resource in short supply these days)... — read more 

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| 3690 views | | 17 replies (last January 28, 2023)
Post ID: @OP+1kQw3XpH

Why so many shares

Can anyone tell me why Vale gets 25000 shares every year even through the pandemic.crazy

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| 1190 views | | 4 replies (last January 25, 2023)
Post ID: @OP+1kQULsRm

3M Hutch Layoffs

Heard 300 layoffs happening in Hutch. Supposedly an email coming out Monday.

Psd segment marketing dream/joke

How much longer do they get to make 3 bills churning out worthless ppt slides? sales team is laughing at this team of ppt slide clowns. Nobody can visit customers,budgets slashed everywhere, natl sales mtg cancelled, company is burning to the ground... — read more 

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| 1810 views | | 4 replies (last January 23, 2023)
Post ID: @OP+1kPLsNLr

Would you feel different if they were honest?

Out of curiosity, if management were to be extremely direct about their strategy do you think the response / moral would be better? I’m upset about the messaging because I know it’s not honest, rather than the overall situation we’re in… I can come... — read more 

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| 2250 views | | 9 replies (last January 25, 2023)
Post ID: @OP+1kMruMfo

Troubling Times Ahead

3M HCGB has implemented hiring freeze and travel freeze for Q1-Q2. Not a good sign for the health of the organization…

My Take on the Problem at 3M

I've worked at 3M for over a decade. The past few years have made me incredibly disappointed with the company. Every technical employee that I have talked to is terrified that we will be kicked to the curb at any moment for reasons that have... — read more 

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| 3260 views | | 9 replies (last January 21, 2023)
Post ID: @OP+1kLWl8Aq

Layoffs in Hutch?

Heard from a bird that 300 layoffs in Hutch. Can anyone confirm?

Job promotions

Are job promotions meant to be posted fairly for everyone to have a chance to advance their career. Obviously not as here in our plant in the UK, we don't seem to follow Corporate Level and therefore it seems 30 years plus of experience is no match... — read more 

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| 1800 views | | 9 replies (last January 20, 2023)
Post ID: @OP+1kJUcCm7

Changes to stock options for JG14 (and above?)

I heard that JG14 employees were no longer given stock options, but rather Restricted Stock Units (RSUs). Is that true? What is the rationale? Is it because the strike price this year is so low that the company would be giving out too many shares 10... — read more 

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| 2330 views | | 7 replies (last January 23, 2023)
Post ID: @OP+1kJscULC

Work, not Woke, is the answer

To save 3M, work is the answer. This means getting up on time, making your bed, and collaborating in person in a real work environment. Woke-ism will destroy 3M and it is happening fast.

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| 2100 views | | 5 replies (last January 17, 2023)
Post ID: @OP+1kJtCR3H

Leadership Strategy Means Nothing

My leadership team had a strategy share out and it was grow top line and reduce costs. Thank you for the strategic vision… I did not think of doing that until told today…

3M Go latest video on WYW

Anyone doesn’t agree with the video posted on 3M Go about remote work? With all negatives going around WYW is only positive happened to 3M. However I was baffled by the message from remote employee in the video. Remote work is not to do our own thing... — read more 

3M Plant Layoffs

From an email I saw yesterday morning, it was shared that the 3M Nevada, MO plant is eliminating 100 positions at the plant level. It was not stated if they were hourly/salary. However, big layoff rumblings in other larger plants like Hutchinson... — read more 

Future of Chemical OPS?

Is the Chemical Operations future bleak? Sites such as Cottage Grove, Cordova, and Decatur have undergone 100’s of millions of dollars in infrastructure and Water Treatment upgrades. Could the consensus be that 3M needs these Chemicals internally to... — read more 

Who'd you rather have - mike or Disney's bob iger?

At least with Mike, you can count on his inability to act and his core competence of leadership paralysis. WYW may last a while longer than people think. Bob iger just ordered just about all disney employees back in the office march 1st 4 days per... — read more 

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| 1590 views | | 8 replies (last January 10, 2023)
Post ID: @OP+1kB1Guhn

Can 3M share reach $170

My GESPP average price is about $170. Still suffering a $40 loss (as of 9-Jan) after holding so many years. Anyone believes it can go up further so that I can liquidate all?

The Best are Leaving 3M

A women who I respect in her 30s is leaving 3M. As the younger smart ones are leaving I am debating leaving too. It feels like a red flag when the best of the best from the business team are giving up on 3M. We finally get good talent and then treat... — read more 

Why was tireman hired in the 1st place?

Gibbons has been around only since Nov 2021 and now he's the genius telling 3M plant managers about how to run their operations. The only relevant experience he had was with ICI and that ended 15 years ago. Mattel, Starbucks, tire hub. Not exactly... — read more 

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| 3680 views | | 14 replies (last May 24, 2023)
Post ID: @OP+1kBNRa0F

AIP payout when quitting in January

Does anyone have any actual data points on whether people who quit in January still got their AIP paid in February / March? The AIP document says that people who leave after the year is over, are still eligible. I wouldn’t put it past leadership to... — read more 

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| 2580 views | | 8 replies (last January 22, 2023)
Post ID: @OP+1kzm3xVl

Things have changed so much

I've enjoyed reading the posts from this site. I worked at 3M for 35 years only to be downsized in Q4 2015 because financial goals were not going to be met in Q1 2016. I thought it was a great company to work for back in 1981 when I started. Work... — read more 

Glad to have WYW on a day like today

Most be some 20 inches on the ground in the easy metro. Latest endless storm of 15 inches at MSP was starting to remind me of the 1991 Halloween blizzard. Anyone remember finding out people got the next day off with pay? That was in the good old days... — read more 

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| 2560 views | | 26 replies (last January 14, 2023)
Post ID: @OP+1kydRB1z

Leadership Conf

Have heard the mood at the current Leadership Conference is extremely bad. Everyone is demoralized by the stock price and the constant flow of bad news about the liabilities. Main topic is cost cutting, which is always energizing, especially when... — read more 

Merit Raises?

I am slightly above my JG Compa-Ratio this year for the first time. Will I still get a raise this year if I am rated a 2 for performance?

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| 2670 views | | 12 replies (last January 8, 2023)
Post ID: @OP+1kwVyZZr

The new guy I mentored become my boss

Stayed in the same job level for 8 years without promotion. The new guy I mentored become my boss. Thought it would be a good thing. However, at the first 1-1, this guy ask me to develop "leadership skills". "Encourage" me to challenge myself... — read more 

Top out pay question…

Does anyone happen to know the top out pay for “chemical” operators at the different chemical plants in the USA and Belgium? Cottage Grove Cordova Decatur Antwerp

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| 1344 views | | 3 replies (last January 24, 2023)
Post ID: @OP+1kwpgoeT

I love this site,,thank you

thank you to all who post comments on this site, it does show the good and bad of the company, this site is better than any HR model and now i really do see hypocrisy in our workplace, been here for over 20 years and it really does sadden me that... — read more 

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| 1320 views | | 2 replies (last January 5, 2023)
Post ID: @OP+1kumZPt4

Expect (unpopular) changes to pension in 2023

A lot of companies grandfathered existing employees in their defined benefit pension programs when they forced new hires to go into defined contribution "pensions" (actually just enhanced 401k programs with no pension period). 3M did this in march... — read more 

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| 2560 views | | 5 replies (last January 2, 2023)
Post ID: @OP+1ktaJDVN

Why Hasn’t the Board of Directors Intervened?

🙋🏻‍♂️I firmly believe This train wreck we are headed into face first could have easily been mitigated by the Board of Directors; at the end of the day, isn’t that what they are paid to do? A softer landing for employees as well as the executives and... — read more 

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