Thread regarding 3M layoffs

We need to start with anyone over 30 years and work our way down. Simultaneously, all assistants needs to be set to pasture. That’s a job of the past. The roadblock is vps, svps and evps who cannot use AI if their life depended on it. Flimflam is still adjusting to using a mouse!

Fun but true fact :

3M is too old school to use AI effectively. Sure, a few people will use AI to make cute power point slides and polish up their strat plans...but that's about it.

Also speaking from personal experience, being here for a while definitely d-mbs you down. Not a place to try new innovative things, you will not be rewarded. It is as simple as that.

Honestly, it isn't that AI will take jobs so much as it will be the sited reason for layoffs. Any excuse to lay people off that doesn't reflect poorly on leadership, 3M will take advantage.

Prep those resumes.

If you replace any department with AI, you need to train the AI on what the job duties are. After all the work getting it operating correctly, it is important to note that you are now locked into a system worse than lotus notes. You will no longer be able to change how any actions that the AI touches are done - unless you want to retrain the AI again. And 3M never wants to do something over - it is too much like support, which is the worst thing that anyone would every need to do - support something. Of course you can always use a model that constantly learns, but those eventually loose the thread of what they were originally intended to be doing. It is almost like they forget.

@ap I think you will find that cost cutting at scale by using AI is not feasible. The AI lie of cutting jobs because of efficiency gains from AI is only a cover because borrowing has become very expensive. The true winners who use AI are largely tiny companies with 1 or 2 employees who use a $20/month AI license to do things that they would otherwise need an additional 3-7 people on the payroll to do. AI sc--ws up - Whoops! -I mean it HaLLuCiNaTeS too much to be of any use in a complex system like 3M where management thinks that the work is simple and so they don't understand the constant small adjustments needed to keep everything working.

I would expect, as will all the other large companies who have had AI efforts, that they will throttle back on the AI use because it is expensive. Look at UBER who burned through a years AI budget in Q1 of this year who publicly announced that they have seen no benefit at all from using AI, and that - essentially the experiment is over. TESLA capped its employees AI spend to $200/week and I would be wildly surprised if BB doesn't do the same.

To paraphrase the CISO, if you handle support tickets, your job will be automated with AI and/or outsourced to low-cost countries (Always Indians). And your manager will be smiling as he talks about the incredible support provided by some specialists from Bangalore.

I’ve noticed a significant decline in leadership quality within one IAM/PAM organization at a large company. Morale is at an all-time low, and many employees feel disrespected and unheard. There seems to be a culture where certain leaders believe they’re above others, while poor management decisions continue to hurt the team.

Several recent hiring and promotion decisions have left employees questioning whether leadership is choosing people based on merit. There is also a perception that some managers openly look down on members of their own team, creating an unhealthy work environment.

From the outside, leadership continues to present the organization as successful, but internally many employees feel the team is becoming increasingly dysfunctional. Collaboration is suffering, trust in management has eroded, and the overall direction of the organization feels uncertain.

Consultant recommending 10-20% cut at end of year. Beware.

Wall street love to see EPS rising!!

More efficient processing of PIPs.

Job loss

What can you expect? A high tech cartoon that spews incorrect information.

Here is a little fun fact. That PAM dude hired someone from Optum who never quit their previous job so he was collecting a paycheck from 3M (read: stealing) the entire time he worked here. He wasn't even fired when the PAM dude was shown proof and was allowed to put in his notice.

Those are the 3M ethics I know and love. Which one of the company values does that fall under: instilling rigor, driving results, no wait maybe it is accountability...

Ask the PAM dude in IT Security who looks like Humpty Dumpty. He basically wipes his bottom with AI & posts non-stop on LinkedIn about it during the work day.

Any opportunity to cut costs with AI is going to get a lot of attention from leadership.

And since American workers cost more than workers in other countries, expect layoffs in St. Paul soon.

Ironically, the thing our leaders are best at -- making slide decks that don't really mean anything and don't matter to anyone but them -- is the thing AI could best take over. Don't hold your breath waiting for that, though