Topics regarding layoffs at 3M

Topics regarding layoffs at 3M

$100B in losses? Bankruptcy? - Dec 14, 2022

Seeking Alpha News: 3M could face more than $100B in losses and even bankruptcy due to lawsuits brought by veterans who blame their hearing problems on faulty earplugs. Capital.com report: Testifying before the court last week, corporate solvency... — read more 

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Post ID: @OP+1kblGpOB

Earplug Lawsuits Update from Law.com - Dec 13, 2022

3M subsidiary Aearo Technologies filed its opening brief before the Seventh Circuit on Monday challenging an Aug. 26 ruling that refused to extend the automatic stay in its Chapter 11 case to include combat earplug lawsuits against 3M. Aearo attorney... — read more 

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Post ID: @OP+1kb8PSC8

Decatur 3m

Started laying off in Decatur in production

Leaving 3M after only 3 years

I am so happy to be getting out after only 3 years. A lot of the people I work with are angry, rude, and leadership could care less about me as a human. I know everything is not brighter outside of 3M but I am quitting for my mental health. I can’t... — read more 

The best hope is an activist investor

35 year employee and now retiree. There is a strong correlation between how well employees are treated and how much fluffy PR a company churns out. It's a negative correlation. The more fluff, the more beatings will continue until morale... — read more 

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| 1630 views | | 5 replies (last December 13, 2022)
Post ID: @OP+1k907T6B

Future exec career “experiences”

What are the new “experiences” for future execs? With LSS now dissolved, foreign service assignments very limited, HiPo becoming less meaningful, and other “policy-backed” restrictions working against advancing talent, how is 3M going to prepare the... — read more 

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| 2300 views | | 8 replies (last December 11, 2022)
Post ID: @OP+1k7vcrb1

3M CDIO - what a joke

Over the last year most of Marks direct reports have left or been forced out/replaced. Obviously something isn’t right. Maybe Monish should take a look at the actual problem, and replace him with a good leader instead?

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| 1680 views | | 4 replies (last December 10, 2022)
Post ID: @OP+1k6wSKZX

Christmas Bonus

I’m calling it, Mikey Boy and Zoe D-I-C-K-SON will hit us with our “Christmas bonus” AKA 250 everyday wins points on the appreciation event on the 14th. And hey I’ll take it, apparently items are 10% off currently (some more holiday cheer eh Mike?)... — read more 

So glad 3M comms told us employees about this site.

Was made aware from this site from comms because of supposedly “disinformation” here. Turns out most is right on, the only “disinformation” is that it does not conform with the official lies being told by management.

New round of BG reductions coming in early 2023

Once Ops finishes layoffs, next round will be in the business groups again in 1Q 2023. Plan targets indicate 10% overall headcount reduction with targets direct from Monish and Chinmay. Not enough blood shed in September, so going back for more.

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| 2440 views | | 3 replies (last December 10, 2022)
Post ID: @OP+1k5reLaN

Psd segment

Whos ready for real talk? More like pipe dreams about segment marketing. Has anything valuable at all come from this?

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| 1590 views | | 3 replies (last December 8, 2022)
Post ID: @OP+1k4326pM

Rose colored glasses

I’ve actually grown annoyed with the individuals who are still at 3M. Some still believe they are the top talent and that’s why they kept their jobs. Being part of the nepotism crowd gets you no where when you finally land on your bu-t outside of 3M... — read more 

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| 1750 views | | 7 replies (last December 6, 2022)
Post ID: @OP+1k33e5jS

Dec senior leadership movements

Just saw the announcement. So many senior leaders are either retiring OR leaving the organisation. Looks like the rot is starting from the top.

can't wait for Christmas Bonus

sorry , i didn't finish the sentence, it was , can't wait for Christmas Bonus to resume under wee Pete. He has to start it up again and give something to production workers, surely when they stopped service dinners, christmas dinners and incentives... — read more 

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| 1320 views | | 3 replies (last December 6, 2022)
Post ID: @OP+1k2tmpoh

Who is the worst 3M CEO of all time and why?

3M's CEOs have included: Cross (1966–1970), Heltzer (1970–1975), Herzog (1975–1979), Lehr (1979–1986), Jacobson (1986–1991), DeSimone (1991–2001), McNerney (2001–2005), Robert S. Morrison (2005, interim), Buckley (2005–2012), Thulin... — read more 

Exploiting Work your way

If Tireman or his secret agents is reading this, please stop Work your way program especially in the plants and regional teams. People are exploiting it and we can see many claiming work from home but resting. Let's be fair to the direct production... — read more 

3M Earplug Lawsuit Update, Thu Dec 1

Thursday, December 1, 2022 Ever since 3M had its subsidiary, Aearo Technologies, file bankruptcy, the proceedings in the 3M earplugs class action MDL have been frozen by an automatic stay. Recently, however, a group of earplug plaintiffs filed a... — read more 

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| 1240 views | | no replies yet
Post ID: @OP+1jZtji97

Layoff affect in BGs

Are all BGs affected by layoffs? I see BGs has VPs then just Directors under them. That’s it. Is this always the same or entire teams under directors have been laid off?

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| 2110 views | | 6 replies (last December 3, 2022)
Post ID: @OP+1jYavBan

Another voice of employee survey??

Just saw zoe d.i.c.k.s.o.n mail on the results of voice of employees survey. Full of c.r.a.p Apparently didn't get the answers they wanted to hear. So yet more surveys coming???

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| 1820 views | | 8 replies (last December 3, 2022)
Post ID: @OP+1jYliXUm

Raise timing and amount

First year at 3M, what a time to join! That being said, when is usual raise timing? And what are odds that raises are half of inflation this year?

shares

shares are going south today

3M Layoffs 2023

What are your thoughts about potential 3M layoffs? Any chatter, news or rumors?

3M Earplug Lawsuit News

November 24, 2022 Update: 3M subsidiary Aearo Technologies was recently granted an extension of the deadline to file its appeal brief in the 7th Circuit. The appeal challenges the decision of the bankruptcy court in Indiana which derailed 3M’s... — read more 

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| 1461 views | | 1 reply (November 28, 2022)
Post ID: @OP+1jU11oIt

Go Woke and Go Broke

"Spell the BEANS: Food on the table" - who creates this nonsense. Your internal ,for now, social credit score is being implemented at MMM.

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| 2090 views | | 4 replies (last November 28, 2022)
Post ID: @OP+1jTIHeAC

why is Mm coming up short on pay

why is mining 3 not raising its pay to pay employees the market rate, been with the company for over 10 years and corporate policy is changing for the worse, we are doing things the wrong way a lot more now and good folks are leaving and being... — read more 

Leaving before the end of the year

I've finally managed to get a nice offer and if things go as planned, I'll start the new year with a new job. I didn't always dislike my job at 3M, but the company has shifted its priorities drastically recently and I don't like what we've turned... — read more 

Severance TV show

34 yr retired 3M - was on Exec conf for over 10 yrs, led many divisions in different businesses. Watched Severance on Apple TV...reminded me some of 3M. Trying to isolate employees, pretending to be force for good when really pretty bad ethically... — read more 

3M Company Stock Still Overvalued

Nov. 22, 2022 2:09 AM ET By Bela Lakos Summary While 3M has lost about 29% of its market value year-to-date, we still believe that the company's stock is overvalued. The macroeconomic headwinds, the potential costs related to legal claims and the... — read more 

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| 1005 views | | no replies yet
Post ID: @OP+1jQHO505

Wee Pete calling the shots now

Wee Pete (aka TireMan ) is calling the shots now, MR and his team are moving sideways into the Healthcare where profits and more importantly , shareprices will be nice for his big payoff in a few years, $127 not going to cut it for MR, will start... — read more 

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| 1692 views | | 1 reply (November 23, 2022)
Post ID: @OP+1jP3hhtN

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