Topics regarding layoffs at 3M

Topics regarding layoffs at 3M

70% chance of Bankruptcy?

Poster with seemingly lots of knowledge about inner workings at 3M and people, on Y**oo message board thinks there is a 70% change 3M goes bankrupt over next 3 years due to hearing litigation? Is that true? I have also heard by far most of these... — read more 

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| 1660 views | | 9 replies (last September 10, 2022)
Post ID: @OP+1iETVQlJ

poor rewards and recognition for real workers

I work at a UK plant and over the last few years we have had our : Christmas Bonus totally stopped, it was approx £300 if you had no days off for year 10+ years Service Dinner for employees cancelled. two massive things for the ordinary worker deemed... — read more 

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| 1072 views | | 5 replies (last September 11, 2022)
Post ID: @OP+1iE4o6VT

3M culture is now a culture of disappointments

3M disappoints shareholders. 3M disappoints it’s employees. 3M disappoints it’s legacy. I used to think 3M would always be strong and I’ve had patience through bumpy times. But I’m not convinced 3M can get over this. “Hi 3M! Let me introduce you... — read more 

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| 1500 views | | 10 replies (last September 12, 2022)
Post ID: @OP+1iEUJ1cn

Europe lay offs when do they start

I wonder when the Euro works council will approve the restructuring plan and the lay offs begin in Europe. 4000 to come out …

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| 1660 views | | 6 replies (last October 13, 2022)
Post ID: @OP+1iEzK5hV

That employee opinion survey LOL

Trying to imagine the thinking that went on in the room when leadership decided to send out that Employee Opinion Survey that landed in inboxes this week. Just days (and in some cases minutes) after the bloodbath. “Hi! Let’s pretend we care.” — read more 

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| 1500 views | | 8 replies (last September 23, 2022)
Post ID: @OP+1iD8GXEs

3M EARPLUG LAWSUIT UPDATE - 9/8/22

September 8, 2022 Update: We have a date for the 3M earplug lawsuit mediation. The two-day settlement talks begin next Thursday on September 15, 2022 at the U.S. District Court in Pensacola, Florida.

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| 2270 views | | 11 replies (last September 12, 2022)
Post ID: @OP+1iDSoOLi

Can the damage be undone or not?

I'm wondering, has this leadership managed to completely destroy this company, or is there a way to undo at least some of the damage? I personally think we're too far gone. Even if you put the best people in charge (and we all know none of the best... — read more 

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| 1390 views | | 6 replies (last September 10, 2022)
Post ID: @OP+1iDI2TPe

Nobody I know regrets leaving 3M

I don't know one person who left and felt like they made a mistake afterward. I know there are many people who are scared to quit considering the state of the economy but trust me, things can only get better. I'm considering taking a job that pays... — read more 

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| 2200 views | | 3 replies (last September 10, 2022)
Post ID: @OP+1iDZ1TbV

New Lawsuit plus $82 Billion payout now for earplugs

Funny how this was failed to mention in Huddle https://www.bloomberg.com/news/articles/2022-09-01/3m-should-be-blocked-from-health-care-spinoff-new-suit-argues "3M Co. should be blocked from spinning off its health care business and paying... — read more 

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| 1640 views | | 8 replies (last September 8, 2022)
Post ID: @OP+1iCgHxki

TSD layoff

Any updates on whether there will be any layoffs in the TSD Division? Just a worker bee here trying to see how bad its gonna be for our division in the us and overseas.

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| 1590 views | | 9 replies (last September 18, 2022)
Post ID: @OP+1iCF7cb1

Verge of Collapse

3M is on the verge of economic collapse. The Chinese are going to step in and fill the void and Minnesota will no longer be the home of Mike Roman. You better jump ship while you still can or you can ride to the bottom. Either way, hope is not a... — read more 

Severance Terms during the spiral

Will severance be cut or reduced if the spiral continues? Will those of us who are loyal end up getting 4 weeks for example after 20 years since we have no cash?

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| 1291 views | | 4 replies (last September 10, 2022)
Post ID: @OP+1iB7v48E

Still a (mostly) local news blackout

I remember when 3m shares were lagging in the late 1990s, post imation, that local papers were running stories about "what is going so wrong at 3m?" Seemed like Desi was over his head, only to lead to GE McNerney, who inflicted forced ranking and six... — read more 

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| 1310 views | | 4 replies (last September 10, 2022)
Post ID: @OP+1iBc5jlx

CEO huddle?

Did they answer anything? No questions posted. Mike addresses layoffs, but blames “the business” even though all business or functions told by corporate to reduce. I guess he is not running the place after all, but someone called “the businesses”... — read more 

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| 2760 views | | 19 replies (last September 10, 2022)
Post ID: @OP+1iBrofdK

Who is worse, Monish or Mike?

Monish seems to think that cutting travel budgets for sales reps will claw back a sales gap or that firing lab people making the next products with fix COGs. Mike thinks that by telling himself that the businesses and functions decided on their own... — read more 

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| 1540 views | | 3 replies (last September 7, 2022)
Post ID: @OP+1iBBSe4R

What are employees doing with their 3M shares

What is the plan ? Sell now at a loss or minimum or moderate profit Hold on to it and see what happens in a few years Buy more while price is at multi year lows What is the best case scenario and the worst case scenario here? Will the... — read more 

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| 1560 views | | 7 replies (last September 10, 2022)
Post ID: @OP+1iBw82m6

Proof of Earplug Fraud

For those service members who used 3M’s trademarked, dual-ended Combat Arms earplugs between 2003 and 2015, the aforementioned design blunders allegedly resulted in hearing loss, tinnitus and loss of balance. Documents from previous lawsuits against... — read more 

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| 1510 views | | 6 replies (last September 7, 2022)
Post ID: @OP+1iA7pseR

Who should go ?

As we have seen over the past two years, worker bees are being axed left and right but our dear leaders seemingly remain untouched in their ivory towers. They speak and we dance. I have seen colleagues who have given everything to this burning ship... — read more 

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| 1470 views | | 3 replies (last September 7, 2022)
Post ID: @OP+1iAUSDNU

Down 10 more dollars in one week. Where is mike?

One would think a guy getting 10 to 20 million per year would have some guts and buy some shares at depressed prices if he really believed in his own company. Once the holders listing is updated, expect to see the big firms selling off what they had... — read more 

Has cutoff in Asia started already?

been hearing US and EU cuts already started/and or done for some areas. How about Asia? any leaks how many people will be kicked in APAC?

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| 1214 views | | 3 replies (last September 7, 2022)
Post ID: @OP+1iA4jPa6

Frustrated by the hiring process

It has been a while since the last time I was looking for a job, but I can't believe how much things have changed. Why in the world does a company need four or five interviews to determine whether you are a good fit for them? Fifteen years ago, it... — read more 

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| 1470 views | | 3 replies (last September 6, 2022)
Post ID: @OP+1izVmJrG

Here’s the plan for industrial front end

Stop LSS-gps is full of fake projects with fake savings Make area sales mgr all reps and give reps budget to do their jobs. They only make reports anyways. Sfdc is all bs Consolidate end user key acct mgrs. the reps are the ones doing the... — read more 

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| 1583 views | | 2 replies (last September 6, 2022)
Post ID: @OP+1iyYd0fN

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