Topics regarding layoffs at 3M

Topics regarding layoffs at 3M

Monish Introduction (June 2020)

3Mers, go to the 3M Stream internal website and search for "Nick Gangestad Retirement Announcement". Monish begins talking at around 8 minutes in, describing his philosophy. Roughly 12 minutes in, he starts talking about his GE "family", and his new... — read more 

Investors Warning: Accounting Fraud at 3M

Tens of millions of dollars in accruals and magical reversals of accruals across quarters to manage earnings. If things look too good to be true, they are... This started when the finance team has been replaced throughout the BG and in corporate... — read more 

There's not much to lose if we're laid off

Are you going to miss the toxic culture, outdated technology, useless management, constant fear of losing your job, insulting raises, nepotism, lack of advancement opportunities, total lack of respect for employees, and so many other similar... — read more 

Felt ashamed to introduce as 3Mer

Nowadays, whenever I meet new people outside work, I felt ashamed to introduce myself as working in 3M. I am worried what other people perceives 3M company to be - with the countless lawsuit in ear plug and PFAS. Hurting people and the... — read more 

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| 1740 views | | 10 replies (last October 7, 2022)
Post ID: @OP+1j2SVFF6

3M Earplug Lawsuit Updates - Oct 4th

October 4, 2022 Update: Judge Rodgers pushed back the David George trial set for October 24, 2022, to February 13, 2023, in an order signed yesterday. The reason for the delay is not related to the litigation. This trial date was putting pressure... — read more 

3M Earplug Lawsuit Updates - Oct 3rd

3M spokesman Sean Ly--h: [Manager, Communications at 3M based in Saint Paul, Minnesota] 3M hopes that the "parties and their attorneys will come together to negotiate a prompt resolution to this matter, so that those veterans with eligible claims can... — read more 

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| 1680 views | | 9 replies (last October 4, 2022)
Post ID: @OP+1j1vZ9Js

Do you still want to work at 3M?

I'm not asking about having to be here because you're close to retirement or you can't find a new job or whatever other similar reason. I'm asking if you're still at 3M because you want to be. Because you enjoy your work and are willing to ride this... — read more 

Positively 4th Street from a native poet

Some may like Bob Dylan, some may not - lightly edited and redacted to fit. You've got a lotta nerve to say you are my friend When I was down you just stood there grinnin' You've got a lotta nerve to say you got a helping hand to lend You just want... — read more 

Who’s this new EVP of Risk Mgmt guy?

Titantic saver? Corporate fixer? Sell the company off in parts, like GE model? Another one to make a pile of money, realize this company is beyond broken and leave in 6 months? Another gaggle of high priced lawyers

This is what we have to look forward to

I expect about 4K, maybe 5. Once the cuts are made, the "leadership" will bring back more of those inane worthless comments. Work smarter not harder - what have we been working d-mb lately? Eliminate non value added work - you mean those... — read more 

3M Earplug Lawsuit Update

Settlement talks resume on October 3, 2022. https://www.millerandzois.com/combat-arms-earplug-lawsuit.html

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| 1430 views | | 9 replies (last October 3, 2022)
Post ID: @OP+1iXaKsgE

Further Downside Ahead For 3M?

The challenging macroeconomic environment, including larger than expected FX headwinds, keeps negatively impacting 3M's financial performance. The full year guidance for 2022 has been downward revised, significantly. While 3M has outlined a... — read more 

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| 1284 views | | 1 reply (October 2, 2022)
Post ID: @OP+1iXEtDjJ

Recap: which sites and BGs have gotten the ax this week

This is like a E5 tornado swirling through a county before people had live news. Skies darken quickly and then BO-M. If your team hasn't been whacked, it will happen by the time miserable 3Q earnings are announced. Good luck to all. Lay low and... — read more 

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| 1421 views | | 1 reply (October 2, 2022)
Post ID: @OP+1iX1pNfb

Hang in till next Friday

Shares will skip up to 125 next week so be warned get rid of them then, double digits the week after..markets going to be good as GBP Stering is helping

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| 1244 views | | 3 replies (last November 28, 2022)
Post ID: @OP+1iXz2QVF

No motivation

This whole situation has erased my motivation and halved my productivity. I used to care how well the company did, but now I realize that the only ones who'll profit from 3M doing well are the C-suite. Employees never see any of the gains but always... — read more 

650 jobs to go

EMEA..that's for starters. Happy Christmas Folks

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| 3140 views | | 16 replies (last December 9, 2022)
Post ID: @OP+1iWE5wRE

Some thoughts on leadership

"Perpetual optimism is a force multiplier." The ripple effect of a leader's enthusiasm and optimism is awesome. So is the impact of cynicism and pessimism. Leaders who whine and blame engender those same behaviours among their colleagues. I am not... — read more 

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| 1950 views | | 9 replies (last September 28, 2022)
Post ID: @OP+1iV2ZchX

3M's philosophy is outdated

Not sure if you can really "save" the company without more spins after the health care business. The world has changed and the 3M philosophy of "make a little, sell a little" at high margins is no longer relevant for most businesses. A lot of smaller... — read more 

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| 1980 views | | 12 replies (last September 28, 2022)
Post ID: @OP+1iUWa42X

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