Topics regarding layoffs at 3M

Topics regarding layoffs at 3M

3M microcosm

The fact that m and m can make tens of millions while literally bankrupting this company is a perfect example of whats wrong with capitalism in this country.

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| 1290 views | | 3 replies (last January 29, 2024)
Post ID: @OP+1qNnVPSn

Pension

I'm wondering how all the plants that are still union will be affected by this ,or if they will at all? I read that there are still over 30000 members left in the union pension plan.

by
| 1360 views | | 7 replies (last January 28, 2024)
Post ID: @OP+1qNxWptS

Kindeva

Meanwhile, Kindeva seem to be doing well, making acquisitions etc. makes you wonder….

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| 1150 views | | no replies yet
Post ID: @OP+1qLNXNMZ

PFAS in rainwater: What it means for health

PFAS in rainwater: What it means for health *For many years, per- and polyfluoroalkyl substances (PFAS) — or “forever chemicals” — entered the natural environment, contaminating soil and water sources. *New research from Stockholm University found... — read more 

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| 1080 views | | 2 replies (last January 25, 2024)
Post ID: @OP+1qKMgmni

Latest Vision

MAKE WHAT IS INDISPENSABLE TO EMPOWER MODERN LIFE, ADVANCE HUMAN PROGRESS, AND DELIVER A BRIGHTER FUTURE THROUGH 3M SCIENCE. does the word "indispensable" sounds so PFAS??

by
| 1201 views | | 2 replies (last January 25, 2024)
Post ID: @OP+1qKW8ef8

Would you recommend 3M as an employer?

I am no longer at 3M but had this question posed to me and I had to be honest. So asking this thread, would you recommend 3M to someone who is a job seeker?

CANNOT MAKE THIS UP $93.31

Just another day in paradise. Not too late to sell this burning dumpster. Poor performance, weakening culture, and ethics completely absent. Stock prices is dropping hard into the close - institutional investors getting out, they've seen enough. What... — read more 

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| 1500 views | | 7 replies (last January 25, 2024)
Post ID: @OP+1qJRaJ7v

Modernize Legacy IT systems

Interesting Article: https://seekingalpha.com/article/4664580-3m-major-lawsuits-damaging-shareholder-value-smoking-everywhere Simplify global supply chain and modernize legacy IT systems. If I'm not wrong, we've been working on this since the dawn... — read more 

EMD

Again, will the President of EMD apologize to us at the Town Hall for Huddle or his work on the Executive Committee? He has destroyed the culture at EMD implementing their/his disastrous initiatives. We are waiting.

GESPP

For those who are still on GESPP , what are the reasons that you are still contributing to the 3M pool? Just to get 15% discount? Be aware that stock can wipe off 10% just overnight. And GESPP is stuck to hold for 1 year.

Q4 results - The mask is fully off

So, I just listened to the earnings call... what a clusterfu-k. The lowlights: They set out the first public hint of the future bankruptcy, I quote from the transcript: "Absent the proceeds from the intended spin-off of the Health Care business... — read more 

LIES OF OMISSION

Some truths were told today. There were many lies told; however, they were lies of omission which is hard to prove. Our company is a disaster. Clear that we have more layoffs coming. We have not hit bottom, not even close. It's just a job. Draw... — read more 

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| 1601 views | | 2 replies (last January 24, 2024)
Post ID: @OP+1qIV4FHi

2023 AIP

Where did the BGs and Corporate finish in terms of AIP?

They all have to go

The worst CEO in company history, a completely incompetent executive committee, and an absent, negligent board. All they have done is destroy the wealth of thousands of families across the globe. Each division president has to be replaced!

TIME TO COME CLEAN

3M Earnings Are Coming. Legal Woes Are Hurting the Stock. Investors will want updates about the company’s legal liabilities and the spinoff of its healthcare business when it reports fourth-quarter results. By Al Root Jan. 22, 2024 4:15 pm ET 3M... — read more 

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| 1580 views | | 8 replies (last January 24, 2024)
Post ID: @OP+1qIRE9jo

PREVIEW: 3M seen posting 4.7% Q4 revenue drop

PREVIEW: 3M seen posting 4.7% Q4 revenue drop Jan 22, 2024 ** Shares of 3M MMM.N gaining ~0.7%at $108.50on Mon ahead of qtrly report due before market open on Tues ** Wall Street sees industrial conglomerate reporting adj EPS of $2.31, a 1.3% yr/yr... — read more 

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| 1430 views | | 4 replies (last January 23, 2024)
Post ID: @OP+1qH4degp

How Long

Have you ever asked yourself how long you would have gotten a 3 on your performance plans if you were the leader of a company that has lost more money on your watch than anyone else? That’s right, you would have been on a “plan” by March of the next... — read more 

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| 1820 views | | 6 replies (last January 21, 2024)
Post ID: @OP+1qF13Q9T

A BIGGER, BOLDER VISION

Roman unveils the latest company vision. anyone feels motivated by it? what has changed for the better?

Employees are the foundation of a company

It seems to me the fact 3M no longer enforces it’s Code of Conduct when the bad conduct involves senior leaders has created so much toxicity 3M cannot survive. We do not even need some of these senior leaders. As a peon if I yelled at a fellow 3Mer... — read more 

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| 1251 views | | 3 replies (last January 20, 2024)
Post ID: @OP+1qEfey1a

FOREVER CHEMICAL ILLNESS SUITS BEGINNING

Lawsuits claim 'forever chemicals' from Decatur industries causing illnesses David Gambino, The Decatur Daily, Ala. Thu, January 18, 2024 Jan. 18—Several north Alabama residents filed lawsuits in Morgan County Circuit Court alleging they are... — read more 

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| 1390 views | | 4 replies (last January 21, 2024)
Post ID: @OP+1qDyWY2C

Steady stream of new PFAS lawsuits continue - New Details

WILMINGTON, N.C. (WECT) - New Hanover County filed a lawsuit in the county superior court on Jan. 12 against several PFAS manufacturers and companies selling products that use or include PFAS. The lawsuit targets manufacturers and sellers with the... — read more 

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| 982 views | | no replies yet
Post ID: @OP+1qCQ3yBV

“They lost the DNA”

Eerie parallels with the downfall of Boeing Should we be surprised fateful decisions about the Spirit Aero divestiture in 2005 happened under McNerneys watch? 3M is doing the same things to its supplier base as what is mentioned in this article... — read more 

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| 1740 views | | 5 replies (last January 21, 2024)
Post ID: @OP+1qAzz9jz

Q4 earnings results - what can we expect?

Seems like announcements and headlines often come with earnings results. What can we expect this time? CEO announcement? Cuts? Another spin? Perhaps a new and creative announcement to continue the decline?

Ope!

https://www.marketwatch.com/amp/story/3ms-ceo-is-in-line-for-a-26-million-pension-as-company-freezes-the-plan-for-employees-777bbf12

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| 1640 views | | 4 replies (last January 21, 2024)
Post ID: @OP+1qxqvI9P

Severance Pay

For those who have been impacted, how long does it take to receive your severance pay?

Plant Morale

At an all time low. Employees don't come to work half the time. Can't imagine why. Perhaps a--hat hr and management? Time to actually start firing incompetent losers. Su-ks to su-k.

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| 1810 views | | 6 replies (last January 19, 2024)
Post ID: @OP+1qwDV67O

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