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
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
The person with 17M salaries decide to cut the person who makes 80k to reduce the cost to
Do the math
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
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 …
Can the executives sleep well while drawing their millions
Meanwhile the workers are being layoff due to poor leadership decisions
Back up over 123. Stop the bashing!
Monish will make a great ceo. Happy times are here again!
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
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.
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
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
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
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.
Was CRL impacted this time as "it is business need"
Have not heard anything yet
How not to get laidoff?
Hard working is not the answer. Many hard working people are laidoff.
Share price up 4 dollars. The worst us over!
Does this mean mike is being golden parachuted
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?
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
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
Success theater
Interesting call just now
Leave and never look back
If you are young or if you have any skills my advice is to leave 3M and never look back.
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
Have any VPs been laidoff
Anyone?
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
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
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
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
some long hours being put in wearig the rose tinted glasses
Vale answering the questions in the Town Hall, Roman is at his wits end, Media wanting an interview and he is nowhere to be seen, Its building now people, next litigation claims start in 5 weeks so we will see what is happening regarding size of... — 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?
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
love seeing the VP's , EVP'S , Managers and other Yammer blaggers
always great to see the amount of bluff on that yammer with managers and the like blowing smoke up each others behinds, the stuff we see is cringing, but then you want to be seen to be doing nothing in the company, honestly just funny to see how you... — read more
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
Who/what is ruining 3M?
The once best place to work. CEO cfo Six sigma