Topics regarding layoffs at 3M

Topics regarding layoffs at 3M

Interesting stock analysis

https://seekingalpha.com/article/4593157-3m-multi-year-lows-investors-predict-more-troubles

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Post ID: @OP+1m5uWncR

It's humiliating

If those who are selected to go to SpinCo are telling the truth, namely that they did not receive any additional information about pay and benefits, then this is definitely the least transparent company I have ever worked for. How is it possible... — read more 

3M is not a psychologically safe place to work

I have seen seen managers yell at employees who disagree with them. They berate employees for no reason. The level of narcissism among the senior leaders it is impossible for many to admit they are wrong or refuse to listen to advice or opinions from... — read more 

Rumors of huge cuts

There were several rumors a few weeks ago of huge cuts coming in April, anywhere from 10k to 15k employees. I haven't heard anything about it since then, so I'm wondering if those rumors just fizzled out because they were not true or if we're going... — read more 

Who got their letters in the mail?

I wonder who all got their letters in the mail today letting them know if they were chosen for the new spin off company ? I know many received them today.

A lot of 3M jets moving this week

3M flight activity has gone through the roof this week. For the last couple of months things were pretty quiet with usual plant and NYC visits. Now they are flying like crazy... I wonder what is going on? By tail number (skipping stops in St... — read more 

Where is this company going?

It's quite worrying that so many people think the company has no plan and no elaborate strategy. I must say I agree with them and that's why I can't even imagine what this will look like in a few years. I hope I won't be here by then and will... — read more 

All they know is cost cutting

Perhaps my perception is wrong, but it seems to me that all the leadership knows how to do is cut costs. They don't know how to grow business and if cutting costs is all it takes then anyone could be a leader because that's not very difficult to... — read more 

This is why 3M is dead

They obviously have a plan a the top but are so slow to implement it … why not create the plan then operationalise it rather than this adhoc approach to cuts etc… makes no sense We all know there are many small plants that must go … there are... — read more 

Awfully Quiet

Is it just me or does it feel like the calm before the storm these days at 3M. Have a bad feeling in the next few weeks, the M&M show will hit the panic button and major layoffs/restructuring will be announced.

Losing Talent

My team lost five high performing 3Mers in 9 months. The team only consisted of ten employees. We have a very toxic manager who feels it is okay to bully, belittle and berate the team. I plan on retiring as soon as I can. This is not leadership. It... — read more 

TTS leadership

Why isn’t the SVP level leadership in TTS held accountable for lack of delivery, poor employee and customer experience, and most of all SAP?

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| 2560 views | | 7 replies (last April 11, 2023)
Post ID: @OP+1lRueUjq

I'm done waiting to be laid off

I refuse to wait for severance. I see leaving my current job as an opportunity to reclaim both my self-worth and self-esteem. Being associated with a poorly run company is not something I'm proud of, and I'm determined to avoid the stress and... — read more 

Feb 28 President Biden announced his intent to appoint the following individuals to the President’s Export Council, including M. Roman

Recently, MR posted this on LinkedIn regarding the appointment: “ As a global company that exports $5 billion annually from the United States, 3M has a unique view on how to support and strengthen free and fair trade. I am honored to join other... — read more 

Waiting...

As layoffs loom and 3M spends big money on DEI, I'm waiting on the statement and monetary donation to the Chistians who were victims of hate in Nashville. I'm not expecting much however.

treat the little people with respect

In my opinion, a major issue lies in the unequal treatment of production operatives, specifically the worker bees, as compared to other staff. It seems that only non-production staff are offered incentives and learning opportunities, while the... — read more 

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| 2930 views | | 8 replies (last March 28, 2023)
Post ID: @OP+1lOAAW0q

WINNING is a GE expression for “A Call to Action”

It’s the title of a book written by champion manager of people, Jack Welch and his then mistress Suzy. Published April 1 2005, the 18th anniversary is coming up in 2 weeks. Jack shares the hard-earned wisdom of a storied career which believed become... — read more 

WHAT HAS BEEN YOUR EXPERIENCE WITH HR DURING THE LAYOFFS?

I’ve had a few people I know get laid off in the last several months and they all have similar stories about how uncaring or unresponsive HR has been during and after severance meetings. Would be interested to hear other experiences.

Unravel the winning puzzle 🧩

Below Needs attention and endorsement Copied from a page. Here is a script to use: (I'm going to start copy-pasting this into my town hall Q&A sessions) Mike (or other executive name here): You talk about 3M winning. Our shareholders aren't... — read more 

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| 2040 views | | 5 replies (last March 25, 2023)
Post ID: @OP+1lN9SC6D

Stock $100.78

Oh so close to mythical $100 line ! ✅Winning!

Transparency and Ethics

Headline from Seeking Alpha, March 23, 2023 "3M says financial guidance excludes possible litigation expense" I'm just a dummy T3 - 4A, so I'm seeking to understand what this means. Could it be that they are trying to hide the upcoming bad news? ... — read more 

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| 1870 views | | 5 replies (last March 24, 2023)
Post ID: @OP+1lNY0cDF

Agile Marketing pros?

Anyone else else hear our revolutionary digital leaders on that podcast RS is promoting? TP from 3M.com and former PSD dropout and current Medtronic leader? Jokers all around!!! Talking like they did something positive, yet all the initiatives... — read more 

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| 1950 views | | 5 replies (last March 31, 2023)
Post ID: @OP+1lNwLf63

Pay 4 Performance

Im interested to know what P4P increases people have got across the different countries. Specifically the competitive market adjustment as this will correlate to total average pay increases in country which have been generally driven by inflation. ... — read more 

Honestly, how busy are you?

I am literally drained. I've been overwhelmed for a very long time, but I see that there are people here who barely do anything at all.

cut cut cut

3M total number of employees in 2022 was 92,000, a 3.16% decline from 2021. 3M total number of employees in 2021 was 95,000, a 0.01% increase from 2020. 3M total number of employees in 2020 was 94,987, a 1.22% decline from 2019. 3M total number of... — read more 

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| 2410 views | | 6 replies (last March 24, 2023)
Post ID: @OP+1lMlUK9R

3M layoff choices

Am I the only one who is blown away that 3M lays off the people who make product or runs critical roles to production yet they haven't cut costs at any management levels who make much more than production type employees. It's completely backwards if... — read more 

How to quit?

I’m a white collar professional that works in building 220. I’d like to simply quit. How do you do it?

10k job cuts

Rumor is there will be 10k jobs eliminated within the next month. Anyone else hearing this and can confirm?

Impact on health

I'm really exhausted and I think it's time for me to get out of this place. How much has working at 3M affected your health?

GESPP

With stocks in free fall I’m considering taking my GESPP contribution and applying to my general investment portfolios outside of 3M. I’ve been here for two years and the performance has trended downward the entire time. My other accounts have at... — read more 

Gaining visibility

I have convinced myself more than once that it is futile to work hard if your efforts are not noticed by anyone. It's the hardest part of the job for me - how to make sure that your hard work is visibly noticeable to those who make decisions around... — read more 

Dyneon Sale?

My little birds are telling me that a sale of Dyneon/fluoropolymers business is being actively explored. The information I have is that at least one potential buyer has started into the due diligence process. I'm actually a bit surprised that... — read more 

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