How do you file for suspected retaliation? Where do we report it?
Did any teams get "right-sized" this week?
Another 1990s buzzword. Right sizing. Yeah, right! Only for people below LG14. I haven't any buzz this week, maybe HR is planning for a big DEI Halloween bash and didn't have time for walking long time employees to the gate. Good luck to all (who are... — read more
Settlement Administrator Angeion Group Announces Proposed Settlement in Wolverine and 3M PFAS Class Action (10/19/2022)
The Defendants have agreed to pay fifty-four million dollars ($54,000,000) into a Settlement... — read more
DuPont, Chemours, 3M Sued by N.C. Attorney General Over PFAS (10/19/2022)
Another lawsuit … https://news.bloomberglaw.com/environment-and-energy/dupont-chemours-3m-sued-by-n-c-attorney-general-over-pfas
3M Is Sailing Into A Severe Storm (10/20/2022)
https://seekingalpha.com/article/4547728-3m-is-sailing-into-a-severe-storm
3M Company Is Approaching The Point Of Maximum Pessimism (10/20/2022)
3M Company (NYSE:MMM) declined 35% year-to-date and clearly underperformed the S&P 500 (SPY). And not only did the stock underperform the broader market this year, 3M Company is constantly declining since 2018 (for almost 5 years now). Factoid: Mike... — read more
Before the Train Wreck
I’m planning a separate thread that contrasts the day I was hired to the day I was layoff 40 years later! Stay tuned! Fantastic topic in 3M’s career experience decline. Sprinkled with facts, data, anecdotes and humor. It will be like Animal House... — read more
More positions to move into the GSCs?
There are rumours from several sides that even more positions are planned to move towards the GSCs, just 300-600 in EMEA/Poland alone. Anyone heard the same or can confirm?
Rumor says plants closure in Q4
Do not know where
Enough said
https://www1.salary.com/3M-CO-Executive-Salaries.html
Are 3M D&I priorities creating reverse discrimination for hiring decisions and leadership promotion?
I think the title speaks for itself. 3M has always been a company that lives at the extremes of the pendulum. I am a believer in D&I and equality for all, but not at the expense of others. Thoughts?
Next Chapter…
https://example.com/5evwv3ct
Fortune 100 Best Companies to Work For® 2022
https://www.greatplacetowork.com/best-workplaces/100-best/2022
15 Signs It's Time To Quit Your Job
Signs it may be time to leave a job There are many valid personal and professional reasons to leave a job. Below are fifteen common signs that it's time to quit your job. You are underusing your skills. You are not following your passion. The... — read more
3M Wins Quicker-Than-Normal Process to Appeal Bankruptcy Loss
BySteven Church October 13, 2022, 8:56 AM CDT https://www.bloomberg.com/news/articles/2022-10-13/3m-wins-quicker-than-normal-process-to-appeal-bankruptcy-loss
News From Law.com
The Eleventh Circuit on Wednesday stayed what 3M called an "unprecedented and impermissible" injunction order by a federal judge overseeing 230,000 combat earplug lawsuits in Florida. U.S. District Judge M. Casey Rodgers' order prohibited 3M from... — read more
Federal court will hear 3M appeal over earplug lawsuits
By Mark Reilly Managing Editor, Minneapolis / St. Paul Business Journal Oct 13, 2022 Updated Oct 13, 2022, 3:05pm CDT https://www.bizjournals.com/twincities/news/2022/10/13/3m-appeal-aearo-bankruptcy.html
Who is more worthless
CMO (chief marketing) team or segment marketing team?? My vote is cmo slightly more of a joke but both bs artists
That spend with Forbes must cost a bit
https://www.forbes.com/lists/worlds-best-employers/?utm_campaign=socialflowForbesMainLI&sh=2d67e3bd1e0c
Enterprise Operations - Sourcing Restructuring
Heard that there are some major restructurings within EO sourcing department in the works. Anyone heard anything on it? Seems like there will be some redundancies there.
Enterprise Operations - Sourcing Restructuring
Heard that there are some major restructurings within EO sourcing department in the works. Anyone heard anything on it? Seems like there will be some redundancies there.
Are the cuts done in Minnesota?
Haven't heard any buzz this month. Maybe people like Vale got ahead of the curb and just got it over with, that is until the 1st quarter 23 wave.
EMEA redundancies
17 redundancies announced at Atherstone, not long now til full Plant closure
Bich Le leaves 3M
Just announced today..Bich Le, President of HCBG and Medical Solutions Division, is leaving 3M immediately. She will be replaced by Veronica Acurio, with the title of interim President. Bich Le was not at 3m very long. I wonder why she left the... — read more
Dear Monish, Mike and B.O.D.
Monish and Mike..you have let down generations of 3M employees. You have ruined the 3M brand. I'm utterly embarrassed to be considered a 3M employee. Why are you doing all of this? Business books will have your name in them of why 3M failed. I'm... — read more
3M rating kept at Underperform by Bank of America after latest legal moves
Oct. 10, 2022 9:32 AM ET 3M Company (MMM) By: Rob Williams SA, SA News Editor https://seekingalpha.com/news/3890006-3m-rating-kept-at-underperform-by-bank-of-america-after-latest-legal-moves
What is the value of Area LVS ?
Today saw another request coming from Div VP thru the Area LVS. VP wants to know some headcount information of plant. Area LVS just forward and pass on the request to Plant. After completion, plant submits back to Area LVS, who in turn compiles and... — read more
Stressful work enviroment
I'm praying to be laid off. My health can't take any more of the stress and anxiety driven by the lack of transparency and reassurance from the management. My health is suffering and I know I'm not the only one. The way things are now, it would be a... — read more
another week of layoffs
This week will see another round of cuts, ge-z it's painful to watch, just wondering if my name will be one of them, only six years into my career and keep thinking about the interview I had and the chances i had to maybe be happier and more... — read more
A time for change
Before It is too late. Cut jobs and close plants do not help in Long term. To be or not to be.
What is ruining the mother mineral company
It's not PFAS, not earplugs, it's M&M&M.
MMM>MM>M>0
The legacy Mother mineral history.
A Time For Choosing
The board of directors have failed to provide strong oversight and strategic support for management’s efforts to create long-term value. Their overemphasis on short-term financial results and underemphasis on long-term value creation, has placed and... — read more
Don't be afraid to walk away
Many of the people I work with hate their jobs but are too scared to quit and have decided to follow the 'better the devil you know than the devil you don't' approach. I find this sad. If you think about it, how much worse can anything outside of 3M... — read more
Big game has not started yet
Stock drop to 107 today and it will continue to drop. To save their jobs, they will start to cut your job soon. Sadly no one was doing anything to save the company.
Process of job elimination
Current 3M employee here. Not sure for how long with everything going on. In my group we have several people with same title, same job grade and same job duties. All 6 hired at the first of the month. (So no official employee review cycle yet..we... — read more
From 135B to 60B market cap in 4 years
Lost over half the company value, some 75B in market cap. How much do the veterans want anyway. Looks like they should have sued when shares were 259. So sad seeing the GESPP depress to record lows.
Stock at new low
Same as the Management level. Board, do something?