Topics regarding layoffs at 3M

Topics regarding layoffs at 3M

blame game starts

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 

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| 1910 views | | 4 replies (last November 5, 2021)
Post ID: @OP+1dBw0U0y

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.

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| 1820 views | | 4 replies (last November 9, 2021)
Post ID: @OP+1dAX5xoR

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 

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| 2010 views | | 4 replies (last October 28, 2021)
Post ID: @OP+1dtByskW

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 

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| 1910 views | | 5 replies (last June 17, 2022)
Post ID: @OP+1cS0i9YW

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.

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| 2070 views | | 5 replies (last November 9, 2021)
Post ID: @OP+1cQzJKqA

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 

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| 1832 views | | 2 replies (last September 26, 2021)
Post ID: @OP+1cPE1CwY

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 

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| 1880 views | | 5 replies (last September 14, 2021)
Post ID: @OP+1cOecvlk

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 

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| 1631 views | | 3 replies (last September 13, 2021)
Post ID: @OP+1cJlyjhe

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 

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| 2050 views | | 5 replies (last September 13, 2021)
Post ID: @OP+1cJAoB57

the slide begins

mmm share value will slide big time this week,, looking to drop 10 usd by thursday

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| 1650 views | | 8 replies (last September 19, 2021)
Post ID: @OP+1cI0xorA

DMS outlook

Currently reviewing position with DMS. What’s the outlook for the division? Any concerns with long term growth?

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| 1420 views | | 1 reply (August 26, 2021)
Post ID: @OP+1cwLGORj

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 

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| 2160 views | | 5 replies (last September 7, 2021)
Post ID: @OP+1cvQh4lI

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

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 

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!

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?

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 

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| 1231 views | | no replies yet
Post ID: @OP+1ago8maI

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 

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