Topics regarding layoffs at 3M

Topics regarding layoffs at 3M

PSD Segment Marketing

All these directors with almost no direct reports just making ppt slides , doing no actual work while the sales team cant even visit customers? Now theyre announcing “segment wins” to take sales team credit?? Laying off great people just to keep... — read more 

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| 1660 views | | 8 replies (last September 21, 2022)
Post ID: @OP+1iM6CtRe

TTS needs to go

2-3 Billion spent on SAP….no ROI. Anyone involved with the debacle needs to go.

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| 1820 views | | 10 replies (last September 19, 2022)
Post ID: @OP+1iL0svFU

Product Liability

Product liability is a term used to describe the legal liability of manufacturers or sellers of goods to compensate buyers, users and even bystanders for damages or injuries suffered because of defects in goods purchased. Product liability law is the... — read more 

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| 1000 views | | 2 replies (last September 17, 2022)
Post ID: @OP+1iLRmfoa

Things don't look too good on the job-hunting front

I've been looking for a new job for the past several months, sort of testing out the waters, and I'm not happy with what I'm finding. The number of jobs in our industry has gone down significantly. I've managed to get a few offers, but they are far... — read more 

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| 1340 views | | 5 replies (last September 22, 2022)
Post ID: @OP+1iLPLicT

3M Loses US Contractor Immunity Argument in PFAS Case

https://news.bloomberglaw.com/environment-and-energy/3m-loses-government-contractor-defense-in-pfas-litigation Quote: A Bloomberg Intelligence analysis found that total liabilities for 3M could reach $30 billion.

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| 1000 views | | 4 replies (last September 18, 2022)
Post ID: @OP+1iLC9o2w

Veterans lawyers going after retirees!!

I understand the lawyers for the veterans are now sending letters warning 3M pensioners not to spend their lump sum payments because the 'heroes' are 'entitled' to their compensation!! Needless to say we are all freaked out getting these letters... — read more 

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| 1860 views | | 20 replies (last September 21, 2022)
Post ID: @OP+1iLmsABK

When was the last Mike sighting?

Monish was at the investor conference. Last time Mike was around was for the clusterf××× executive huddle. Did I miss something? Not that he has anything worth saying but good leaders don't hide when bad things are happening

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| 1220 views | | 5 replies (last September 18, 2022)
Post ID: @OP+1iKQbctx

Biggest ROI for 3M right now

This has been done in other comparable companies. Time to do it 3M. We don't need a huge bloated structure of failed technical folks who join management ranks to get the quick and early promotions. Few hundreds of middle managers in St Paul... — read more 

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| 1920 views | | 9 replies (last November 14, 2022)
Post ID: @OP+1iKINmpd

3M Earplug Lawsuit Update - 9/15/2022

The two-day settlement talks begin today. 3M has a choice. Settle these cases or start the next wave of trials next month - starting with David George's trial - that could lead down a path where 3M has to declare a very different kind of bankruptcy... — read more 

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| 2290 views | | 19 replies (last September 19, 2022)
Post ID: @OP+1iJY5gDk

Did aearo have to layoff a bunch too?

Given how moni, whi is really running the show, threw aearo under the bus and still screwed this up in court, have a bunch of these sad souls been forced out as part of haphazard job cutting.

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| 611 views | | no replies yet
Post ID: @OP+1iJN3FH4

Pay the veterans with stock shares?

Definitely could be considered if the stock issued is from: Apple, Berkshire Hathaway, Microsoft, JPMorgan Chase, etc. Definitely NOT any 3M stock. We want the veterans to be made whole and not issued worthless 3M shares. For those who continue... — read more 

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| 940 views | | 7 replies (last September 17, 2022)
Post ID: @OP+1iJoQg7O

3M Atherstone- bad management

Why aren’t managers at manufacturing sites being held accountable for their bad decisions? At Atherstone they decided to get rid of all their existing products and just concentrate on one product that was untested and still in development stage( a... — read more 

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| 4920 views | | 12 replies (last February 11, 2025)
Post ID: @OP+1iJTVdFM

Is there a Plan C with 3M?

Looks like the Plan A was bankrupt aearo. The indy judge nuked that option. Plan B is the ongoing layoffs (Mike refuses to give a number because perhaps Monish is running the show and Mike is just a figurehead). Plan C? Retire Mike and bring back... — read more 

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| 1430 views | | 5 replies (last September 16, 2022)
Post ID: @OP+1iJfLDjw

Investors Should Steer Clear Of 3M

Sep. 14, 2022 11:30 AM ET Summary Given 3M's rising legal risks, bloated balance sheet, and deteriorating outlook, we think investors should steer clear of the company. During 3M's second quarter earnings update, the firm cut its full-year... — read more 

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| 940 views | | 2 replies (last September 15, 2022)
Post ID: @OP+1iIejfxN

How to Build a Toxic Culture 101

The toxic culture at 3M has been growing over time. It’s particularly evident at QOR time and Strategic Planning time. Having spent most of my career working at the division level and BG level when those plans are put together I saw that leaders were... — read more 

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| 1510 views | | 2 replies (last September 13, 2022)
Post ID: @OP+1iH6KA2Y

Top dog got new job quick

From news Kimberly-Clark Names 3M Exec to Lead Supply Chain Tamera Fenske previously served as 3M's senior vice president of manufacturing and supply chain.

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| 1890 views | | 4 replies (last September 13, 2022)
Post ID: @OP+1iHqnNXx

What has the "hit" been so far?

I've heard about the layoffs in both external and internal news but have yet to see any layoff action. is 3M still in planning the layoffs or has action already been taken at sites?

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| 2090 views | | 8 replies (last September 14, 2022)
Post ID: @OP+1iG700Y6

Is this a surprise to anyone?

For a long time now, 3M have been rewarding under-qualified and under performing managers. All of the UK manufacturing plants are run by the same people who just keep moving around, making mistakes then getting sidestepped to another role... — read more 

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| 1315 views | | 1 reply (September 12, 2022)
Post ID: @OP+1iGacVRn

Interview this week- not feeling great

Interview scheduled this week and not feeling great after doing some research. Not sure if I’m over reacting but news of layoffs and litigation are some serious red flags. How is the culture?

Roll over pension?

I no longer work at 3M, so have the opportunity to lump sum rollover the pension to an IRA. Given all the uncertainty of 3M, wondering if others have done this or what your thoughts are on the topic?

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| 1340 views | | 7 replies (last September 15, 2022)
Post ID: @OP+1iGWLwnC

Plan B

Things may be going differently than what everyone thought. The 4M legal team sucks

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| 1530 views | | 8 replies (last September 12, 2022)
Post ID: @OP+1iG2IwGN

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