Under the old say "the devil you know," it appears that if 3M stays the course, Mike will be around another 2 to 3 years followed by (probably Vale). Meanwhile, kind of interesting (but not surprising) to hear Inge and Mike were worried about 3M... — read more 

A lot of good advice and interesting takes on the pension, it does seem the company are going will be in a poor way this year, a friendly chat with an EVP has let me know to take lump sum and invest in wisely as if bankrupt all pensions will be... — read more 

Does he have more new ideas to revive the company despite trial and error for 5 years? Why is he still hanging on for?

Not saying 3m is the story it once was. But where does it all stop? Companies forced to grow or be shunned by investors . Governments suing for pfas , which are not illegal in their states, and still required in their purchase specs. Influencers... — read more 

I'm waiting to see if I can get severance, but if nothing happens in the next month or two, I'm planning to leave either way. Plenty of companies are still hiring and plenty of them are better than this place in every possible aspect. Plus, they have... — read more 

Maybe this should be stopped too

While I believe (perhaps foolishly) that we retirees who have put in 30 plus years of dedicated service will still have our pensions to draw from, what happens, if many suspect and if WS gets its way, 3M is broken into 4 or 5 or even 6 companies... — read more 

I don't think it will ever be the same again, but I wish they would at least stop the decline.

I hope you understand why you are not needed.

I'm seriously fed up with my job at 3M. It's been wearing me down more and more and my anxiety levels are now off the charts. Work shouldn't feel like a never-ending stress fest. It's starting to take a major toll on my mental health and I need a... — read more 

to the once mighty company 3M? Just curious to know ! Do they feel any remorse, guilt or sadness about their decision that have let go of tens of thousands of hard working loyal people over the last five years. Do they reflect on their actions... — read more 

From a former 3Mer, that was let go 2.5 years ago, (when 3,000 were let go in Jan. 2021), short by 2 months to get to my “numbers of 92”, this company is collapsing!!! What kind of company does this to their employees? I was 59(2 weeks from a 60th... — read more 

Just so you all know where 3M's last few dollars are going: N73M Wednesday - Day trip to Lacrosse, WI Friday - Landed this morning in Cleveland, OH N83M Didn't move this week - hasn't moved from St. Paul since Master's weekend. N93M On the... — read more 

Supposedly, wonewok is worth 15 million. But in a depressed real estate market for such high end properties with mortgage rates up over 6 percent (doubled since end of 2021), Mikey could easily buy it outright. His severance will probably be in the... — read more 

Has anyone tried to volunteer for their own layoff to receive the severance package and find a new job? Would you talk to hr or your manager for this?

https://www.startribune.com/3ms-long-tenure-on-the-dow-index-may-be-in-jeopardy/600272610/

For those interested here is a link with detailed info on Mike Roman’s compensation https://www.bizjournals.com/twincities/news/2023/03/24/3m-roman-compensation-2022.html?mibextid=Zxz2cZ

Recently, division “leadership” told us we needed to earn our way back to corporate investment in our NPIs. They said if we showed profitability gains then we could spend. Sounds like we should take the M&M approach and eliminate half our lab and... — read more 

Mike Roman has used these words. Would someone in the know please share what is the process? What is the vision for the process? And what is the goal in 1, 2 and 3 years that the process is suppose to accomplish?

Not sure which ones are already closed down (someone please give a listing). Any candidates for closure or even demolition as part of Mike bold "reduce rooftops- that is my playbook now!" Plan for the future. My first recommendation is hit the... — read more 

https://www.wadenapj.com/business/3m-to-close-its-wonewok-corporate-retreat-near-park-rapids

Does anyone know for certain what is happening with this group? There are many unconfirmed reports of this many parts of this group heading to the GSC in Costa Rica.

Leadership announced layoffs to streamline management, remove redundancy, and drive greater efficiency. AND to lead by their wonderful example, they add a COO layer between all EVPs and CEO. Great job M&M&M EVPs: earn ~$5M per year COO: probably... — read more 

The management of this company has been reduced to cuts only. What kind of leadership is this? If that's all it takes than almost anyone could manage the company.

What a despicable person. We hired a guy to run manufacturing who moved tires and brewed coffee. That is not even the part that is bad. He is a total condescending and belittling jerk.

Anyone who's taken a course of management styles and leadership is familiar with the Theory X and Theory Y leadership style and the pros and cons of each. The great and visionary 3M leadership McKnight was a Theory Y leader, wanting people to be... — read more 

Has anyone else noticed a significant ramp up in security presence on the maplewood campus or is it just me? Woulda been nice to have this much security when all the catalytic converters were getting stolen. Has there been a ramp up of security... — read more 

I heard on here a couple days back that CBG LVS got obliterated sometime last week... Any news on if/when SIBG and TEBG will feel the Petey Tyrant's wrath?

I hope they do because I am one of the laid off people who is one of the top producers on my team. The people who are left have been sending me their résumé, asking me to look at it. I have my own cr-p to worry about, but the people who weren’t laid... — read more 

But Why no executives buying large chunks of stock?

there's no plan at all. Will see same thing next quarter, after quarter,.........

I am very impressed how many current and past 3M Employees are rallying to help each other find other jobs. Awesome to see people come together as these are good people impacted by terrible 3M leaders. Keep it up! Now for all you other pathetic... — read more 

Any word on what’s happening in Hutchinson. Heard layoffs were coming but haven’t gotten any details.

So TSSD merged with CSD. What's the new division name? And did EMSD merge with DMSD? If yes, what's the new division called? Any other new division other than Industrial Specialty Division? And in the combined division, which division president... — read more 

Of course, Peter Gibbons (aka Tireman, Wee Pete) is costing a few million with all his perks. And at least 10 million, probably more, is being wasted annually on clueless Kearney consultants. From what I heard, most of the MBBs got pink slipped... — read more 

I definitely intend to leave because it is pretty clear that the leadership is literally destroying this company. The atmosphere is terrible and I wonder if in the past there were more difficult periods here than now? Those who have been here... — read more 

Just when I thought the M&M boys couldn't outdumb D-mb And D-mber, the call was hilariously if you want to listen to the sound of deer in the headlights. Asked about why this restructuring is different, Mike and monish mention "priorities" and... — read more 

3M has been divesting her assets (not even counting rooftops they have sold) in the last 4 years . Divestitures accelerated after Monish came onboard. What is the company doing with all the cash it acquired??? More importantly, how will 3M make up... — read more 

When I got laid off, it turned out to be a blessing in disguise! I no longer had to deal with toxic colleagues, or an executive leadership team that just couldn't get their act together. And please, don't even get me started on HR! But you know what?... — read more