With all due apologies to Hemingway, which groups are getting the Monday morning hackings?

going to be a month to forget about for a lot of reasons, this will be particularly hard for European plants especially UK plants as energy prices will go through the roof. EMEA and North Europe will have a Russian Roulette (pardon the pun) style... — read more 

Hi I’m graduating in Dec and have an offer to come to 3M. Wondering if I should still come, or look elsewhere? Seems there are a lot of issues.

Every week will be a bad week somewhere until mike and monish are gone.

MMM: Mediocre Management Mismanaging *Mediocre is too complimentary but I couldn't think of another work for Horrible that starts with M.

Just wondering how he was ever considered for the top job of a premier company. Did anyone here.ever work for or with him?

No surprise M3 is becoming another GE. the person who ruined GE is ruining M3. Sadly, we all pay for it.

3Mer here. know this is a layoff commentary site but I just have to say I'm really enjoying reading all these threads and comments! It's been VERY therapeutic given the current state of 3M. One of the only reasons I've hung on as an employee this... — read more 

Guy joins in 2020, and ki--s the spirit, health and well-being of his team. He does not miss a chance to put himself out front and his entire team loathes him. Obviously, he doesn’t know or doesn’t care. Given he’s a narc, he just doesn’t care. What... — read more 

I am really curious if anyone knows how significant the stock options are at JG14 and above (though with current conditions, one could argue about their actual value). In other words, are the options actually enough to entice people to stick around... — read more 

Looks like going to be big miss in Q3.

A long discussion thread. Thoughts?

https://seekingalpha.com/news/3884934-3ms-appeal-of-bankruptcy-court-ruling-is-key-development-bank-of-america-says

LANSING, MI — Wolverine Worldwide and 3M will pay $54 million to Michigan property owners harmed by PFAS contamination under a proposed settlement in a class action case filed in the wake of the pollution discovery five years ago. If approved by a... — read more 

Heard directly from a COC member’s mouth last month (confidentially and behind closed doors): “We need to shrink the center of the company significantly.” They already have names and titles in place for rounds of planned layoffs in Q1. They are... — read more 

If you have the facts on your side, pound the facts; if you have the law on your side, pound the law; if you have neither the facts nor the law, pound the table. Thus far, Kevin Rhodes, 3M’s Chief Legal Affairs Officer, has done nothing but *pound... — read more 

Pip has been around a while. Some bosses use it to document cases when they expect the employee to get fired, trying to cya if sued. Others pull them out only when being pressured to find someone to let go. In these cases, a pip is a career death... — read more 

Is it just me or are they laying people off daily but since they're doing it in small batches in different departments and locations nobody is noticing? We've seen several posts here about specific cuts in the past few weeks and I've heard of some... — read more 

How is there still no CEO named for the spin-off? If you look at historical data around other spin-off announcements all announced a ceo the same time as intent to spin. Yet nothing over here almost two months later? How can structures and decisions... — read more 

When do we embrace the red?

Haven't heard if the grim reaper has made his callings at cottage grove, Hutchinson, etc. Or if those places have been spared since attriction has already decimated the ranks. CRL needs a purging at LG14 and above and stop firing just the techs. — read more 

31 minute audio in addition to text is available. Data Source https://seekingalpha.com/article/4541032-3m-company-mmm-morgan-stanley-10th-annual-laguna-conference-transcript?utm_medium=email&utm_source=seeking_alpha

The settlement news yesterday was good. But just before those settlement talks, 3M executives were making statements to investors and financial analysts indicating that they are still clinging to the belief that they can settle the litigation in the... — read more 

Source: InvestingPro Closing: 116.52 Market Cap (total value of a publicly traded company's outstanding common shares owned by stockholders): 64.51 billion Bottom Line The recent sell-off in MMM stock indicates that this industrial giant is in... — read more 

The area/regional managers like to use this tactic.

The company is sinking and all they are doing is rearranging the deck chairs on the Titanic. We are screwed with this lot in charge.

If SAP was designed to ruine business, learning Tracks is designed to ruine people

My boss won't meet with me, I do mostly busy work, no raise or promotion in years. It's like she wants me to leave so she won't have to lay me off and pay a severance. Has anybody else noticed this behavior?

is there a new game plan

not rumors any more,, Unnamed North Europe plants to shut 2023. Could be Q1 2023 after VP EMEA P.O. has upcoming visits to determine which plants to close.

Over 20 percent from the already depressed 145 it was at. What's next?

The plaintiffs seem to think that getting more big jury awards in Rodgers court somehow helps them. But they don't matter now. All that matters is what happens with the Aearo bankruptcy. And the J&J precedent there is very strong. More... — read more 

3M has some 553 million shares paying close to 6 dollars a year in dividends. That's about 3.3 billion paid out per year. The logical offer 3M should make is to suspend the divy for 3 years and give the 10 billion as a settlement. As for the stock... — read more 

September 19, 2022 Update There was no settlement from the settlement talks last week. September 16, 2022 Update *As the parties begin Day 2 of court ordered settlement talks, the number of lawsuits listed as active and pending in the 3M Earplugs... — read more 

It could be happening soon

For anyone to think that trial lawyers can claw back anything you've gained, especially lump sum pensions, shows how dense some people are to listen to rumors. Now, of course future pension payments are always subject to company performance, if... — read more 

I have talked to many, many people with 3M pensions, and they have all come to terms with likely losing them in 3M bankruptcy. I worked there 40 years and get $6000 a month, which I know I will lose. There is NO WAY 3M or the 'victims' will ever... — read more 

Have a job, send kids to college then retire. How dare you take all those from me?