To save talents?
Stopped doing my job until there is an official announcement layoffs at my group are over. Reasonable?
Why would it keep doing my job since my role maybe eliminated in 2-3 weeks? Anyone else in the same boat and struggling with productivity?
3M stock below $100
Winning?
MMM 100.3 stock price
And no changes to leadership On its way to a penny stock
Just Listened to Annual Shareholders Meeting
What a snooze fest. A third of this 35 minute broadcast was administrative blather and CYA statements. Roman's comments were obviously highly scripted (you can actually hear paper shuffling) and very stiff. No emotion, no passion, and especially... — read more
PdC “industrial accident” death
Rest in peace to the PdC employee who passed away this morning due to an “industrial accident”. Please keep family in thoughts and prayers. Details aren’t really released yet. Tragic stories like these make me want to distance from Mother Mining as... — read more
3M
Mike and his minions, the board, you’re an embarrassment to the employees of this once amazing 3M family. It was brilliantly woven with strong values and work ethic and all grounded in every employee feeling personal responsibility for the success of... — read more
RSU and spin
What happens to our RSUs at the spin? Wish I could get this stock and sell it all!!
Austin Offices Closing?
Are the offices and Labs all closing in Austin?
swot
SWOT Matrix Strategies Objective The primary purpose of SWOT matrix is to identify the strategies that an organization can use to exploit external opportunities, counter threats, and build on & protect 3M strengths, and eradicate its... — read more
Layoff crystal bowl: timing for next move
I think we've all realized with the M&M&M boys that it is no longer a matter of IF but only HOW SOON AND HOW MANY. I watched the market today, around my price is right break and my 2 pm nap. 3M came perilously close to dipping below 100 in the 1st... — read more
3M Tuition Reimbursement
Curious if anyone has either 1) been laid off or 2) voluntarily left the company while 3M was paying their MBA (or other graduate degree) tuition. Did they make you pay a portion back? How did they handle it if you were mid-degree and you were laid... — read more
Did layoffs come up today and annual meeting?
Sorry, but I consider a day full of CSPAN and CSPAN2 more entertaining that 3Ms annual shareholders meeting. Gotta love Mikeys comment and word salad: driven by purpose, taking important action, uncertain macroeconomic environment Purpose? You... — read more
We care about the company more than does the leadership
That is my personal impression, that we spend more time thinking about this company and its future than those who are at the top. I am not sure that they have any long-term plans for the company. That's why I think that maybe the best advice for... — read more
the top dogs and cats
If you joined this company pre2000, this is definitely not the company you joined. It has everything to do with the leader at the top and the people he chose join him in leadership. Just looking back at the leaders since the 1980s gives a telling... — read more
Why aren't you at least trying to get away?
I can't understand why some folks are still not looking for a new job and choose to remain in their miserable situations unless they're petrified of what's on the other side of the fence. It's just mind-boggling how some can tolerate such a bleak... — read more
Employee pushback
Do you think that employees could form a circle around the HQ site lawfully and peacefully to gain media attention that would push the board to remove the two Mikes?
Job Elimination Practical Advice & Tips
Can anyone who has recently been through the job elimination process offer their advice for what to do within their 15 & 45 day windows (US)? From personal file & phone # transfers, to health care coverage transitions & financial planning, etc? There... — read more
It wasn't always like this
It pains me to say this, but 3M just doesn't seem to be the same company that it used to be. The current state of affairs is incredibly disheartening. The leadership team is not delivering on their promises, and their apparent lack of vision is... — read more
Opportunities
A healthcare VP told me the other day when you hear someone bring up the word "opportunity," keep your hand and head down. The company will never invest in it to scale - and the people who move to the exciting new high growth opportunity are the... — read more
Can former and current employees unite?
3Mers former and current are passionate around and stand behind the McKnight principles. Is there anything we can do to stop the maniacal management practices today? Any ideas out there?
A3M
Don't forget all of the current Presidents and Execs in place now had a role in the last few years of building out A3M and all the Transformation nonsense. These were disasters and destroyed the company. It was impossible to run a global portfolio... — read more
What will be the next shoe to drop, Pension or Dividend cut
Since mass layoffs, perhaps multiple times a year, are a sure thing moving forward, what will be the other big announcements in the near future. Stopping pension for portfolio 1 and 2 employees. Cutting dividend. Not sure how an almost 6%... — read more
Where are our former leaders?
There are so many former leaders/SVPs … where are they? We need them. Help all of us you used to lead and believed in the magic of our wonderful mother mining. Your voices are more powerful than you know. Don’t stand down. Stand up. stand up for... — read more
Asia Layoff Announcements - expected next week
Limbo is a terrible state to be in. Last week has been tough, many of my counterparts in the US have been impacted. I am hopeful that Asia announcements come in next week. Any guesses or indications of what they would look like?
Linkedin losers
The following is a list of linkedin people i d love to kick in the groin People who have been laid off who are overly complimentary to the shi t show of a company we work for. The truth is it once was a great company but no longer is. Stop... — read more
Would employees/retirees prefer 3+ years more of Mike or an activist investor shakeup
Under the old say "the devil you know," it appears that if 3M stays the course, Mike will be around another 2 to 3 years followed by (probably Vale). Meanwhile, kind of interesting (but not surprising) to hear Inge and Mike were worried about 3M... — read more
Forget the severance , grab your pension now.
A lot of good advice and interesting takes on the pension, it does seem the company are going will be in a poor way this year, a friendly chat with an EVP has let me know to take lump sum and invest in wisely as if bankrupt all pensions will be... — read more
What is on Mike Roman mind?
Does he have more new ideas to revive the company despite trial and error for 5 years? Why is he still hanging on for?
Where does it stop?
Not saying 3m is the story it once was. But where does it all stop? Companies forced to grow or be shunned by investors . Governments suing for pfas , which are not illegal in their states, and still required in their purchase specs. Influencers... — read more
You have zero reason to waste your life here!
I'm waiting to see if I can get severance, but if nothing happens in the next month or two, I'm planning to leave either way. Plenty of companies are still hiring and plenty of them are better than this place in every possible aspect. Plus, they have... — read more
Science Advocacy
Maybe this should be stopped too
What happens to 3M pension program if it break apart?
While I believe (perhaps foolishly) that we retirees who have put in 30 plus years of dedicated service will still have our pensions to draw from, what happens, if many suspect and if WS gets its way, 3M is broken into 4 or 5 or even 6 companies... — read more
Is there any hope for this company?
I don't think it will ever be the same again, but I wish they would at least stop the decline.
AI and robotics are here!
I hope you understand why you are not needed.
It shouldn’t be this hard
I'm seriously fed up with my job at 3M. It's been wearing me down more and more and my anxiety levels are now off the charts. Work shouldn't feel like a never-ending stress fest. It's starting to take a major toll on my mental health and I need a... — read more
How do our executives feel about what they have done
to the once mighty company 3M? Just curious to know ! Do they feel any remorse, guilt or sadness about their decision that have let go of tens of thousands of hard working loyal people over the last five years. Do they reflect on their actions... — read more
Mike Roman “Your Roman Empire Is Collapsing”
From a former 3Mer, that was let go 2.5 years ago, (when 3,000 were let go in Jan. 2021), short by 2 months to get to my “numbers of 92”, this company is collapsing!!! What kind of company does this to their employees? I was 59(2 weeks from a 60th... — read more
This week's 3M Jet movements
Just so you all know where 3M's last few dollars are going: N73M Wednesday - Day trip to Lacrosse, WI Friday - Landed this morning in Cleveland, OH N83M Didn't move this week - hasn't moved from St. Paul since Master's weekend. N93M On the... — read more
Wonewok - Mikey could buy it with half his golden parachute
Supposedly, wonewok is worth 15 million. But in a depressed real estate market for such high end properties with mortgage rates up over 6 percent (doubled since end of 2021), Mikey could easily buy it outright. His severance will probably be in the... — read more