3M Company management are perpetuating falsehoods, distorting data, and are not providing any ethical or moral leadership. Falsus in uno, falsus in omnibus is a Latin phrase meaning "false in one thing, false in everything." At common law, it is... — read more 

Looks like waves in retirements is coming in Q4 while pension is still intact. I heard that the agencies handling 3M retirement accounts ( Empower and now Willis) are usually busy with huge volume of worried calls from 3Mers who are frantically... — read more 

Specialists buying , will be in distribution soon….

May close some plants

Long time master black belt here. Unfortunately, everything is not rainbows and unicorns 🦄 at this time. Of the 19 corporate officers listed on 3M web site, only 3 have been career long 3Mers. Another way to look at it is 85% of our leadership was... — read more 

Only made it worse

Everybody and their mother knows that laying off experienced employees will not solve any of the problems created by inadequate and self-serving management. This never worked for anybody and it will not work for 3M. This is like putting a band-aid on... — read more 

3M Insider Trading History Transaction Date Insider Name Title Buy/Sell Number of Shares Average Share Price Total Transaction Shares Held After Transaction Details 8/17/2022 Eric D Hammes EVP Sell 3,145 $147.31 $463,289.95 8,818 8/10/2022 John... — read more 

This company is working on some fancy stuff that market is not real. Heavyily invested on something uncertain. Legacy products do not have the support anymore.

I left in 2019 just after the BT “pause”. Is SAP up and running yet? Has value been realized? Or was that a hundreds of millions down the toilet.

Michael Roman Chairman of the Board, Chief Executive Officer Monish Patolawala Executive Vice President, Chief Financial and Transformation Officer Eric Hammes Executive Vice President, Chief Country Governance and Services Officer Mark... — read more 

Anyone knows if 3M is planning to remove the area Organization that was created due to Advance 3M operating model? Will they change to globally reporting structure, hence rendering the large job cuts of this group of “area reporters”?

Poster with seemingly lots of knowledge about inner workings at 3M and people, on Y**oo message board thinks there is a 70% change 3M goes bankrupt over next 3 years due to hearing litigation? Is that true? I have also heard by far most of these... — read more 

I work at a UK plant and over the last few years we have had our : Christmas Bonus totally stopped, it was approx £300 if you had no days off for year 10+ years Service Dinner for employees cancelled. two massive things for the ordinary worker deemed... — read more 

Do the math

3M disappoints shareholders. 3M disappoints it’s employees. 3M disappoints it’s legacy. I used to think 3M would always be strong and I’ve had patience through bumpy times. But I’m not convinced 3M can get over this. “Hi 3M! Let me introduce you... — read more 

I wonder when the Euro works council will approve the restructuring plan and the lay offs begin in Europe. 4000 to come out …

Meanwhile the workers are being layoff due to poor leadership decisions

Monish will make a great ceo. Happy times are here again!

Trying to imagine the thinking that went on in the room when leadership decided to send out that Employee Opinion Survey that landed in inboxes this week. Just days (and in some cases minutes) after the bloodbath. “Hi! Let’s pretend we care.” — read more 

September 8, 2022 Update: We have a date for the 3M earplug lawsuit mediation. The two-day settlement talks begin next Thursday on September 15, 2022 at the U.S. District Court in Pensacola, Florida.

I'm wondering, has this leadership managed to completely destroy this company, or is there a way to undo at least some of the damage? I personally think we're too far gone. Even if you put the best people in charge (and we all know none of the best... — read more 

I don't know one person who left and felt like they made a mistake afterward. I know there are many people who are scared to quit considering the state of the economy but trust me, things can only get better. I'm considering taking a job that pays... — read more 

Funny how this was failed to mention in Huddle https://www.bloomberg.com/news/articles/2022-09-01/3m-should-be-blocked-from-health-care-spinoff-new-suit-argues "3M Co. should be blocked from spinning off its health care business and paying... — read more 

Any updates on whether there will be any layoffs in the TSD Division? Just a worker bee here trying to see how bad its gonna be for our division in the us and overseas.

Have not heard anything yet

Hard working is not the answer. Many hard working people are laidoff.

Does this mean mike is being golden parachuted

3M is on the verge of economic collapse. The Chinese are going to step in and fill the void and Minnesota will no longer be the home of Mike Roman. You better jump ship while you still can or you can ride to the bottom. Either way, hope is not a... — read more 

Will severance be cut or reduced if the spiral continues? Will those of us who are loyal end up getting 4 weeks for example after 20 years since we have no cash?

I remember when 3m shares were lagging in the late 1990s, post imation, that local papers were running stories about "what is going so wrong at 3m?" Seemed like Desi was over his head, only to lead to GE McNerney, who inflicted forced ranking and six... — read more 

Did they answer anything? No questions posted. Mike addresses layoffs, but blames “the business” even though all business or functions told by corporate to reduce. I guess he is not running the place after all, but someone called “the businesses”... — read more 

Interesting call just now

If you are young or if you have any skills my advice is to leave 3M and never look back.

Monish seems to think that cutting travel budgets for sales reps will claw back a sales gap or that firing lab people making the next products with fix COGs. Mike thinks that by telling himself that the businesses and functions decided on their own... — read more