Q3 results were mildly better than expected but books were cooked to keep shareholders happy and give new management a few more months to make changes to running the corporate advance model. The new signings from GE and other top brass who are well... — read more
Vax mandate
Now that vax mandate is formally in place, what might be the repurcussions? Any idea how many people will leave because of the mandate in place in MN.
What is happening in EO?
Leadership succession crisis?!?
What 3M Really Stands for?
I used to think 3M stood for “meetings, meetings, meetings” but now it’s “mo--ns, mo--ns, mo--ns”. This company has no direction, no leadership, no vision. Constant leadership shuffle. Truly definition of insanity— doing things the same way and... — read more
Management shakeup
Again ? More EVP leaving.
How low will MMM stock go and what are the repurcussions
So, 3M stock has been hovering in the $175 -180 region for a while now. Q3 results will be declared in about 10 days. Going by recent presentations given at investor meetings, it looks like supply chain issues and inflation will cause a big dent in... — read more
3M Slips on Latest Compensation Award for Military Ear Plugs
More compensations coming up
Impact of attrition
As for this company, it seems to me that the leadership does not think much about the business impact of people leaving in droves. I am interested in how it will affect my work while I am here. Is there anyone for whom attrition already affects their... — read more
Work Your Way
Another new initiative. Any thoughts if it can retain good people?
New PFAS related news
3M under fire in Belgium over company's handling of PFAS pollution https://www.startribune.com/3m-under-fire-in-belgium-over-company-s-handling-of-pfas-pollution/600097157/ Please watch the video in the link...should go viral soon. 3M executives... — read more
Insult for hard workers
Would you do your best again during the worst period of a pandemic if you knew you would be rewarded with a 1% pay increase? I see it as a slap in the face for all hard workers.
work/life balance
there's none. since i joined this place my life has evaporated in favor of work. it's ridiculous. 3m should come with a warning - people with families need not apply. at least if they want to keep those families. why is nobody talking about this? is... — read more
Why are there so many negative posts here, relative to other competitors???
I have just run into this website and reading all the recent posts about 3M and other competitors including Dow, DuPont etc. Man, I gotta say that it is kind of scary as a person looking for employment in one of these top-level materials science... — read more
Recent "Seeking Alpha" article about MMM
Source : 3M: The Beloved Competitive 'Moat' Is Eroding https://seekingalpha.com/article/4451165-3m-stock-beloved-competitive-moat-eroding? Few highlights from the article :- Lackluster sub-sector CAGRs and the swelling competitive landscape are... — read more
1% payrises for the muscles of 3m,,How pathetic
the muscles (Production Employees) of THE COMPANY are now subjected to 1% pay increase in a year where they have had to return to work day after day, no working from home malarkey, the years of grafting on with no smell off advancement or a promotion... — read more
Who would be the target groups?
This is repeated as a mantra, that one should always be prepared in case there are cuts. I prepared as much as I could, I remembered all the stories of those who are much better off after they left here, but still, anxiety level is through the roof... — read more
the slide begins
mmm share value will slide big time this week,, looking to drop 10 usd by thursday
DMS outlook
Currently reviewing position with DMS. What’s the outlook for the division? Any concerns with long term growth?
something big going to happen
cost cutting bigtime,, departments told to immediately halt any further spend on maintenance and contractors, Big American bosses are in discussions. Will the share price see a sudden drop over the next fortnight. Is it time to cash in those 195... — read more
SIBG Losses?
Both the head of Personal Safety Division and the SIBG strategic planner have announced they are 'leaving 3M to pursue other opportunities'. Anyone know the backstories? PSD's head was a 30+ year 3M employee, while SIBG's planner only was 5... — read more
Stagnant share price
Despite beating on Q2 numbers, share price still looking stagnant. Investors dont seem to have confidence in its outlook
Escalating attrition rate amongst new / newer employees
Escalating attrition rate? Is it just me, or does it feel like a LOT of newer employees are leaving / resigning these days, especially in 2021? Anyone know what the current rate is now for attrition? I don't blame the ones leaving, as if I was new... — read more
New US Talent Acquisition process
This is unbelievable: "With recent changes to the U.S. Talent Acquisition process, 3M positions are now posted internally for the first 7 days that they're open. If an internal candidate is not selected, roles will be posted externally, where only... — read more
New PFAS issues in Europe
3M PFAS Pollution Scandal in Belgium From the article : 3M is in the middle of a PFAS scandal in Belgium. Belgian Ministers have ignored the problem for 20 years. https://bioplasticsnews.com/2021/06/13/3m-pfas-pollution-belgium/ — read more
Six months later
It's been six months (more or less) since the last major culling and I'm wondering how people who were affected at the time are doing. Do you know anybody who was cut at that time? Do you know if they were able to find new jobs by now? Or are they... — read more
Could we have avoided so many layoffs?
The effects of layoffs are noticeable every day - the situation here is getting worse because they laid off the wrong people they should've tried to keep in every way. The effects of layoffs are such that they have brought this company into such a... — read more
HP Inc. Appoints Kristen Ludgate as Chief People Officer
May 25, 2021 16:15 ET Ludgate joins HP from 3M, where she served as Chief Human Resources Officer.
What gives?
I get laid off 2 years ago , after a 5 rating, and now they’re reaching out for me to come back as a contract worker. No effing way. Downward spiral, this company.....
Everyday Wins
Now they have a new recognition program called "Everyday Wins" with point systems to exchange for gifts. Looks like the employees are well taken care of!
New HR Policy - unless you are a female minority, you are not getting promoted
New method for differentiating "High Potential" employees from everyone else. It is an algorithm that "takes into account your years of service in your current role, gender, diversity, and other business group metrics." JFC. Get out now while you... — read more
Now Hiring External
Word around the street is that now all requisitions are external posted by default, and recruiters are being tasked to actively round up candidate slates with under-represented groups. If anyone is looking to move internally, I think it just got a... — read more
A (maybe stupid) question
Is it a smart move to go over your bosses head if he is taking credit for your work and you can prove it?
3M Loses First Trial Over Military Earplugs Federal jury awards $7.1 million to three veterans
3M headquarters in Minnesota. The company said it will explore a possible appeal. Updated April 30, 2021 3:41 pm ET
Inflated titles for already inflated egos
Recently some interesting observation was made regarding this new HR policy in a popular social media platform widely used by working professionals. A current executive at the director level updated his / her title to VP and instantly got kudos and... — read more
Biden's Infrastructure beneficiary
3M (MMM) Stock price as of April 6, 2021: $194.84 3M Corporation has one of the most solid pedigrees of any company, if you’re looking for a true blue chip stock to invest in. A member of the Dow Jones Industrial Average, 3M was founded in 1902... — read more
Left 3M for competitor
Best decision ever, joined a real growing company with good career potential. Get out while you can, 3M has not grown in 10 years. Sales have been $30B, and will remain at $30B or less in the next 10yrs. That means 3M is losing share every year. The... — read more
Is your schedule busy?
Some would say that's great and that's how it should be, but I'm worried because I have less and less work to do. I used to be busy, at times didn't even know if I was going to be able to finish all the work, and now I have almost nothing to do... — read more
How do you cope with constant stress?
Working in this company has been reduced to constant worrying and stress. I am anxious every day because I constantly hear that my colleagues are being laid off one by one and I am just waiting for my turn to come. It's a horrible feeling. At the... — read more
All I'm waiting for is severance pay
I do not expect any improvement in this company. In my opinion, all that is worth waiting for is severance pay. I believe there are many more who are still here just for that reason? I still haven't received an extraordinary offer for a new job... — read more
Replaced by the shiny new penny
Well, it happened. After stealthy gunning for my job, the younger, outside-hire MBA got it. I’m sent packing after decades, suddenly dropping out of favor after a skillfully crafted program to oust me. Do not trust the senior manager that smiles and... — read more