https://www.msn.com/en-us/money/markets/this-ceo-made-300-times-more-than-his-workers/ar-BB1flTMT?ocid=msedgdhp Interestingly, the article mentions nothing about the thousands and thousands of jobs slashed under his tenure.
No longer caring about layoffs
Now that I think about it, getting laid off wouldn't as bad as continuing to work in these really difficult conditions where we are missing so many employees. Worst of all, those who were best at what they do are gone, and the rest are leaving on... — read more
Can one plan 5 years in advance?
I haven't been in this company for a long time and despite everything I would love to stay here for a while longer, if nothing else until I expand my skillset enough so I can move on. However, I understand that times are uncertain and we absolutely... — read more
$200
Looks like stock market likes what 3M is doing. Stocks going to hit $200 mark again.
How many laid off In Canada
What was the numbers in Canada for the number let go?
Strategy on growing this stagnant company (2021)
From 3M Company's presentation at JPMorgan 2021 Industrials Conference (Transcript), March 16, 2021. ( Transcript at www.seekingalpha.com) "Our goal also, as we do these restructurings, as Mike had announced, when we took the charge was, it... — read more
Prepared to go but still here?
I constantly hear advice that we should be prepared when the layoffs start. Other than some savings I set aside and mental preparation I don’t know what that actually means. If that means having an option for another job, then I don't understand... — read more
Growth on the horizon
The fact is that employees are being cut to improve EPS because there is not enough top line growth to full earnings. Growth cures a lot of problems, and it’s tough to see growth on the horizon. Or maybe someone still sees some growth on the... — read more
Plant layoffs
Do all plant sites have tons of EHS employees and none were affected by the layoffs? Seems like there are enough people in their group to cover an entire region.
Can’t say enough
I can’t tell you how much I hate it here. From my first business trip where my boss’s boss’s boss tried to make the moves on me in a hotel over 20 years ago, to it just happening again before Covid. This place crawls with creeps. When I reported the... — read more
How much patience do you still have to stay here?
My patience is running out. I can last another two or three months and have to leave, even at the cost of having to accept a much worse position somewhere else. I thought I was exaggerating and complaining too much, that things were going to get... — read more
Stress, layoffs, and less collaboration
Morale is in the dumpster because of a few things. First 2020 stress is real, and definitely part of it. Second, 3Mers have gone through three terribly-managed and badly-communicated layoffs in three years, that helps nobody feel good. Lastly, and I... — read more
layoffs sometime soon?
people are talking about layoffs again - is something coming?
Why is morale so down in 2021 ??
So many negative posts this year already compared to previous years. It is kind of scary ! Why are things so bad at 3M ? Doesn't bode well for the future.
Exit interview?
I can’t take it here anymore. The atmosphere here destroys me both physically and mentally. I was hoping to get laid off, I heard some rumors that they might do that soon but I realized I couldn’t wait any longer. I found a job in a company where the... — read more
CRL Layoff - Japan and China
3M just let go of their entire Corporate Research Lab staff in both China and Japan. 100+ researchers and technical managers let go. The staff that leaves will enable at least a dozen competitors just from inside knowledge alone.
3M share price
Looks like it is back to the $180 regions Any reasons for the regained interests or is it planning to sell some businesses?
3M is in a tailspin
3M took the opportunity to use the "muh Covid" Excuse to lay off high salaried, grandfathered pension recipients that were left in their employ. They sprinkled in an admin or 2 to make it look good, but we figured it out. This leaves a bunch of... — read more
When was the last time you came to work happy?
Always the same story, always the same problems, nothing changes here. My motivation is lacking more than ever. I don’t remember the last time when I came to work relaxed and motivated. I can barely do my job because everything here has become so... — read more
Token under 40
Token under 40 in a group of 50s and 60 years old that were laid off for 3M to conceal their age discrimination. Work dumped on others who are looking for the door. Applied to dozens of internal reqs., not one interview because of my status. But... — read more
#mmmetoo
Harassed, reported to HR, swept under the rug, then LAID OFF.
People don’t inquire enough
It took me a little over a year to realize that there is no career development potential here. It’s a horrible feeling considering I immediately realized I needed to look for a new job. Why did I think differently before I applied for a job here?... — read more
Status of laid off employees in the Jan 2021 layoffs
What is the status of the 2900 ( official nos. , but then who is counting) employees that were shown the door in the recent layoffs ? Were some of them able to find other jobs internally or was that door shut down , now that most divisions have... — read more
Surprising that there are no more layoffs?
Filling out endless Excel sheets and making PowerPoint presentations more or less anyone could do. We have too many managers, but this company lacks people with vision, leaders. Those who will recognize that the success of the company rests primarily... — read more
3M and PFAS
What are the implications now that Democrats are in power and will likely pursue this topic aggressively. What is the total liability ? 20 Billion USD ... — read more
3M Posts Fourth-Quarter Earnings Beat and Reinstates Guidance
why are they laying off employees if company is beating earnings?
What is the status of HIS ?
How are there layoffs and yet new hires at the same Time ?
Next week?
Will the brunt of the announced layoffs hit next week?
Investor sentiment from 3M Yahoo finance message board
How in the world can 3M employees, stockholders, and board members continue to support leadership when they are doing nothing to positively impact stock values? Realize they have responsibility to create and promote a positive work environment which... — read more
Layoff announced today for TEBG
Impacted employees will be notified in coming days!
1200 north europe emea
adios amigos, come Thursday we will know the outcome of Lars' thinking,, is the belly fat getting trimmed or is it plant closures in Bangor and Atherstone....MMM.....pArDoN tHe PuN
PFAS again
3M cut to underperform at Bofa on higher PFAS risk in blue wave. - Jan 7, 2021 Share price gonna take a big hit
Will any techinal employee(non management) be able to build a career here anymore?
It seems to me that those days are over, when people stayed here and managed to build yechnical careers ( non management). Maybe it was actually a wrong decision to be tied to one place for years, but look what is happening now. This is simply no... — read more
SVP of Business transformation is leaving
Any insider reasons?
They're not earning their pay
They're not earning their pay Most regular employees would love to spend a month shadowing the executives to see what they really do. I have always wondered what type of decisions they have to make that rate million dollar plus compensation. Do... — read more
How Long?
Wonder how long Wall Street will tolerate Roman and when the board will ask for his “early retirement”....?
Hat trick layoff announcement from current chief
will this be his last time?
3M to cut 2,900 jobs globally in restructuring
(Reuters) - 3M Co said on Thursday it would cut about 2,900 jobs globally and scale back on investments in slower-growing markets as part of a restructuring that is expected to lead to pre-tax savings of up to $350... — read more
Major layoff announced at 3M
I hope everybody is ready! It's not as if we didn't know this was coming. This is not our first restructuring nor will it be our last. This one will be worse than usual due to the pandemic and the overall state of the economy, which is why I truly... — read more
Supervisors at 3M
This is a post from the * Ford layoff * message board, but equally applicable to 3M ...with its vast army of low level and middle level manager positions. With so many self-directed employees effectively contributing from home, have we reached... — read more