Topics regarding layoffs at 3M

Topics regarding layoffs at 3M

What are employees doing with their 3M shares

What is the plan ? Sell now at a loss or minimum or moderate profit Hold on to it and see what happens in a few years Buy more while price is at multi year lows What is the best case scenario and the worst case scenario here? Will the... — read more 

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| 1560 views | | 7 replies (last September 10, 2022)
Post ID: @OP+1iBw82m6

Proof of Earplug Fraud

For those service members who used 3M’s trademarked, dual-ended Combat Arms earplugs between 2003 and 2015, the aforementioned design blunders allegedly resulted in hearing loss, tinnitus and loss of balance. Documents from previous lawsuits against... — read more 

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| 1510 views | | 6 replies (last September 7, 2022)
Post ID: @OP+1iA7pseR

Who should go ?

As we have seen over the past two years, worker bees are being axed left and right but our dear leaders seemingly remain untouched in their ivory towers. They speak and we dance. I have seen colleagues who have given everything to this burning ship... — read more 

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| 1470 views | | 3 replies (last September 7, 2022)
Post ID: @OP+1iAUSDNU

Down 10 more dollars in one week. Where is mike?

One would think a guy getting 10 to 20 million per year would have some guts and buy some shares at depressed prices if he really believed in his own company. Once the holders listing is updated, expect to see the big firms selling off what they had... — read more 

Has cutoff in Asia started already?

been hearing US and EU cuts already started/and or done for some areas. How about Asia? any leaks how many people will be kicked in APAC?

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| 1214 views | | 3 replies (last September 7, 2022)
Post ID: @OP+1iA4jPa6

Frustrated by the hiring process

It has been a while since the last time I was looking for a job, but I can't believe how much things have changed. Why in the world does a company need four or five interviews to determine whether you are a good fit for them? Fifteen years ago, it... — read more 

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| 1470 views | | 3 replies (last September 6, 2022)
Post ID: @OP+1izVmJrG

Here’s the plan for industrial front end

Stop LSS-gps is full of fake projects with fake savings Make area sales mgr all reps and give reps budget to do their jobs. They only make reports anyways. Sfdc is all bs Consolidate end user key acct mgrs. the reps are the ones doing the... — read more 

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| 1583 views | | 2 replies (last September 6, 2022)
Post ID: @OP+1iyYd0fN

Job market is good

It was better about a year ago but that doesn't mean that it's not good right now. I've been actively searching for a new job for a little over three weeks and I already have two offers. I admit, the money is not as good but that's why I'll keep... — read more 

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| 1242 views | | 2 replies (last September 4, 2022)
Post ID: @OP+1iyFRytL

pension should be ok

If your employer goes into liquidation, the pension scheme is not affected as the scheme is independent and has no direct connection to your employer's situation. You will only lose out on the pension contributions made by your former employer - the... — read more 

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| 1800 views | | 6 replies (last September 11, 2022)
Post ID: @OP+1ixCov2b

Question

Who was PSD CTO who recommended patent suit against the small earplug co? Does that person still work at MMM?

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| 1590 views | | 5 replies (last September 4, 2022)
Post ID: @OP+1ixAw2hT

Will anybody be able to enjoy this long weekend?

I know I won't. Everything that's been happening has me on edge and I haven't been able to let go once I leave work. Too much stress and uncertainty to be able to just switch it off as much as I want to. You know it's bad when work is affecting our... — read more 

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| 1980 views | | 7 replies (last September 7, 2022)
Post ID: @OP+1ixW4FUV

Advancing 3M

Only place it’s advancing is to the bin All that we do business the right way … is that really chapter 11 so not to pay the compensation for ruining hearing of thousands PFAS ground water contamination now they pay money to try and cover it up so... — read more 

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| 1530 views | | 5 replies (last September 3, 2022)
Post ID: @OP+1iwI1d4M

Time for Monish to go?

He ideas have made things worse, not better. Stock is down, morale is down, business outcomes are worse, and his big strategic ideas are now crumbling before him. He talks about accountability and wants to put other peoples names on things, he needs... — read more 

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| 1530 views | | 5 replies (last September 7, 2022)
Post ID: @OP+1iwIPOa7

Pure Genius

For the worker bees of the company ,I.e. production ..there is a Voice of Employee Survey starting next week, be honest in your appraisal of your managers as you can sign their exit forms if they are poor, just saying, good luck

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| 1370 views | | 6 replies (last September 3, 2022)
Post ID: @OP+1iwCY23G

How do they sleep at night?

Honestly how can the CIO be such a cold bast4rd? Anyone staying at 3M in TTS that isn’t already cut should be running for the door. These cuts are going to keep coming. Mark has no plans, and certainly doesn’t care about anything or anyone but... — read more 

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| 1640 views | | 3 replies (last September 3, 2022)
Post ID: @OP+1iwh3Pin

So much fat

There is so much fat here that if we lost 30% of the workforce it would be the same productivity that exists now. High-level management and long-term employees just sit around take long lunch breaks, watch Netflix, play on computers, get haircuts... — read more 

It'll be OK

Stay Strong. I have been there. Felt like giving up on everything. I must've interviewed at 10+ companies in a span of 3 months. No interviews for the next month due to holiday season. I used to choke up when recruiters/HMs asked me why I wanted this... — read more 

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| 1730 views | | 4 replies (last September 3, 2022)
Post ID: @OP+1ivZ7Cnx

3M is NOT the same company

I am a former employee of 3M. I was part of the last reduction when there was 3,000 in Jan. 2021. I was short of 2 months for a FULL retirement of age + service = 92! What kind of a company does that to their loyal, dedicated employees? I was... — read more 

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| 1840 views | | 3 replies (last September 2, 2022)
Post ID: @OP+1ivoCf5k

Cuts in Minnesota?

Anyone heard a number. I saw a comment in the star tribune about 3000 in mn alone. I think their are only 10000 total, so that would be an insane 30 percent cut. Mike and monish have outdone themselves with that kind of "accomplishment"

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| 1790 views | | 6 replies (last September 2, 2022)
Post ID: @OP+1ivN5YbD

Severance info for those staying

Those impacted over the years. Help those of us who are left and will likely eventually face the same fate. Give details on your severance. The fact that there is supposedly an “ok” (and its just ok) severance is the only reason i dont leave the... — read more 

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| 2000 views | | 10 replies (last September 2, 2022)
Post ID: @OP+1ivTjvxW

Hearing negotiations (HA!)

Casey Rodgers is dictating that they negotiate again. I have heard 3M won't pay a nickel until the Aearo BK appeal is done (Legal is SHOCKED they didn't get the same ruling as others including J&J). 3M believes more fruitless negotiations actually... — read more 

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| 1340 views | | 5 replies (last September 2, 2022)
Post ID: @OP+1ivIaDZp

Layoff Details - Requesting Information

Please share whether you received a WARN notice, and how package is calculated: years of service, job grade, vacation through end of year or accrued, etc. Also, please share whether you were notified by phone, FedEx, group meeting, etc. All... — read more 

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| 4180 views | | 17 replies (last September 23, 2022)
Post ID: @OP+1ivzbI4m

Aearo article

BM still a VP!! https://prospect.org/power/monopoly-misrepresentation-and-malpractice-3m-earplugs/

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| 1140 views | | 2 replies (last September 2, 2022)
Post ID: @OP+1ivax3BD

press are on to it

https://www.bloomberg.com/news/articles/2022-08-31/3m-plans-job-cuts-as-part-of-a-broader-cost-cutting-initiative

Running Aug/Sept 2022 Count

Anyone got a running total of the impact? It looks like they aren't making a big announcements yet. So far: CBG - down a division (CHC) TTS - Hard hit in the US, any word from OUS? TEBG - Saw on this board, but I haven't seen a count yet HCBG -... — read more 

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| 2640 views | | 11 replies (last September 1, 2022)
Post ID: @OP+1ivFhyds

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