Billions in PFAS payouts seen squeezing cash flow for years Company mired in legal battles, sales declines as stock falls

Start your career with a company that has a future. This is not it. 3M was a great place to work years ago and it’s still trying to reel in new talent using the reputation it had years ago. Don’t fall for it. There are many, many better places that... — read more 

The more the corporation utilizes the GSC model, the more our ability to perform basic business operations crumbles. Who has GSC horror stories to share?

I love it when people, especially on here, ask why people stay at 3M. If I may, I will quote Spaceballs (with some minor changes): ...And they've already got me in their magnetic beam. We're too late. What a shame. I'll just throw her in reverse... — read more 

There are 4 groups of people left today in 3M. Group 1. 1980s and 90s hires who just hope to get to the finish line with pensions and retiree medical. No need to rock the boat but please stop clapping at townhalls after this abysmal performance... — read more 

Update: As of July 17, 2023, there were a total of 257,449 plaintiffs with pending cases in the 3M earplugs MDL, an increase of nearly 3,000 since the previous month. The never-ending stream of plaintiffs has become a major obstacle to settlement... — read more 

It has been really quiet on the jet front lately, not surprising with the 4th of July and summer vacations. N73M No trips since last report - currently in St. Paul N83M Flew to Asia over this past weekend, currently in Seoul, South... — read more 

Saw a bunch of these postings. Anyone knows what this New Health Care Company is? A spin off? Potential spin off? Thanks in advance.

I can't tell you how many people have told me that they feel like they're becoming a better version of themselves now that they've changed their jobs and are not subjected to the constant toxic atmosphere and bullying from those above them. In all... — read more 

I came across this thread questioning NPI and 3M Ventures and thought this was one of the most relevant discussions to have - I joined the company a couple of years ago and I did not even know there was a venture capital arm! Upon a quick google... — read more 

Funny seeing all the happy posts of new hires and adds to the company. I thought we were reducing staff. Can you say "let's replace the JG 14 - 16s with 11 - 12s?" That's how much integrity 3M has now. That's why they don't bother saying "3M... — read more 

Warehouse, office, lab and manufacturing expansion. What does this mean for the St.Paul HCBG location and Spinco?

For much of its 121-year history, 3M has been a picture of stability. Now faced with multi-billion dollar payouts over PFAS contamination that could grow, the company is slashing thousands of jobs and worrying investors with lower stock prices and... — read more 

this rubbish just in from the C.E.O. ON LinkedIn.........................At 3M, when we think about how we can best help support our communities, and create a more equitable society, we follow a simple approach: listen, understand, act. By starting... — read more 

Critical failure hold on half of the production inventory at a plant in the safety division. Shows how incompetent the management and training bleeds down to production. Experienced employees have moved on. This is going to be a huge money hit. Big... — read more 

Prioritize mental health over any job. As leaders, cultivate a culture of respect and support. Check in on your team.

Either dissolved or merged into lab...

And I don't mean a few years, but a few decades in the past. That's one of the main reasons why things have been going the way they have been going. We need leadership that will push the company into the present and leave the old-school, failed... — read more 

Anyone feel like the layoffs did nothing? What else needs to change? More layoffs?

Anyone have any comments on this website and video about 3M and its stock ? https://www.fool.com/investing/2023/07/09/3-red-flags-for-3ms-future/

https://www.postguam.com/business/from-massive-litigation-to-mass-layoffs-whats-going-on-at-3m/article_7b02a9be-1d2b-11ee-98a0-773b64e290a6.html

gmtoday (AKA Greater Milwaukee's Trusted News Source) posted an article on their website by Brooks Johnson on Saturday, July 8, 2023, that contained a very interesting statement (paragraph 7): "Amid all this pressure, CEO Mike Roman is orchestrating... — read more 

I've heard from colleagues who were JEP'd last year that they received their severance check before the end of their first month of being a non-3Mer. June 30th was my last day and my final paycheck posted as usual. I had another deposit from 3M... — read more 

Anyone wants to predict how's the outcome? Anymore restructuring to be announced?

Makes you think

I find it really strange that a person stayed here for years despite not getting promoted for all those years (7 years or more). But this does not seem to be a rare case here at all. What's the deal? I would never stay anywhere and stagnate for... — read more 

The separated healthcare business will pay a $7.5 billion dividend to the parent, which would also continue to own just under 20% of the company that it will liquidate over time. ST. PAUL, Minn. – October 11, 2019 – 3M (NYSE: MMM) today announced it... — read more 

Almost half of the United States' tap water is estimated to have one or more PFAS, known as "forever chemicals," according to a new study. The U.S. Geological Survey tested tap water from 716 locations, including 269 private wells and 447 public... — read more 

So many high performers I know have been laid off, while those who are at best average are still here. So what's the point of giving it your best? Is there one?

Maybe those at the top don't think that the departure of experienced employees is a big problem, or maybe they do, but I don't have any hopes that they will do something about it. I'm wondering though, hypothetically speaking, what could they... — read more 

IT is converting all A# @3M.com email addresses to A# @3Mhealth.com email addresses. If the name wasnt going to be 3M Health Care, why would IT use 3Mhealth as the domain? Unless they are going to switch everything twice?!

After several rounds of renaming, 3M decided it is best to name this department ----- IT. Wonder how much resources it has spend to keep changing the names

No matter working on the floor or on the ceiling. Why

The executive leadership doesn’t appear to know what made 3M great. Margins are down from what they promised Wall Street but 3M is still very profitable, for now. The issue is that growth is dead. MTE, LVS and corporate lab cuts mean less new... — read more