Topics regarding layoffs at 3M

Topics regarding layoffs at 3M

all the $hit that happens

This news release contains forward-looking information about 3M's financial results and estimates and business prospects that involve substantial risks and uncertainties. You can identify these statements by the use of words such as "anticipate,"... — read more 

Patolahahaha

CFO did what he is paid to do… put the best face on bad financial news. Patolahahaha should be commended. Layoffs will be minimal.

Which senior leaders have left this year?

Rumor is that Hammes is retiring. Has Tireman Gibbons left or is his still flying around preaching "the only fixed cost is depreciation" Hard to believe any company could be this poorly run and no one is forced out nor resigns.

What a joke!!

What a disgrace 3M has become. There is nothing in the news positive they do anymore...layoff after layoff after layoff and lawsuits. I can not believe what a joke this company has become since the take over of MR. I am beyond grateful I made the... — read more 

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| 1820 views | | 1 reply (April 25, 2023)
Post ID: @OP+1mjanpXN

Shareholders, don’t be fooled

I am amazed how M&M can spin today’s announcements as a strong/healthy company taking actions to become even stronger/healthier. Please don’t buy this narrative, the reality is the company is financially unhealthy and is rapidly selling assets to... — read more 

Don't become complacent

When it comes to finding a new job, networking is key. You gotta put yourself out there, connect with people, and make sure you're on top of your game. You can't just sit around waiting for an opportunity to fall in your lap. Start attending... — read more 

Is job security gone forever?

Layoffs always existed at 3M, but at least we knew once a round was done we were safe for the foreseeable future. That's no longer true. Now I feel like we are worried about layoffs 24/7, and as soon as one round is done we start speculating about... — read more 

Any substantial info for the earnings call?

There's so much talk of what might be announced tomorrow...from 10k-15k job cuts, to restructuring, to cutting plant spending, to new Spinco name/leadership...etc etc. Anyone have any actual knowledge of what might be the topic tomorrow?

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| 1900 views | | 1 reply (April 24, 2023)
Post ID: @OP+1miWIvzd

Layoffs to end at 60,000

The ultimate goal is to reduce headcount to 60,000. Lots of folk’s hanging on, complaining, but gripped by fear, they stay on. Like Bed, Bath, and Beyond, 3M will ultimately be forced to file bankruptcy.

May the force be with you !

Everyone is expecting a big announcement on Tuesday now. Significant job losses, huge restructuring. I think (hope!) rather than a random number we will actually get some substance behind it to see where that number is coming from …but this post... — read more 

Ceo huddle the day of q1 report?

Correct me if I am wrong, but isn't the ceo huddle usually 2-3 days after the quarter report? 10:00 the day of q1 report implies that me that there is big news they want to get infront of asap My guess is a spinco delay, bad q1 results and large... — read more 

Emergency Plant Meetings?

Hearing about plant operations committee emergency meetings. 2 in the last week in Hutch. Any others seeing the same in other places?

Life of a 3mer

We take daily pain meds and hot showers to dull the pain from working never ending overtime because the average turn around is less than a year. We don't have the staff, equipment, or space to surpass our daily sales cap so everyday we fall more... — read more 

AIP

Will last years aip get cut ? Has anyone revived theirs ?

Let's move on...

It's time for you and I to begin your search for a new job. The recent layoffs at 3M shouldn't discourage you as there are plenty of opportunities available. Losing one job does not mean that you cannot secure another one. Your intelligence... — read more 

Who decides who to lay off

For a rough guide for US staff groups: Supervisors/Managers whose groups are not impacted - will find out at roughly the same time as everyone else. Maybe an hour or two before. They won't even see the list until after the announcement. ... — read more 

Anyone received their Annual Increase yet?

How much did you get? I thought they were supposed to be available in Workday now but mine isn’t. Radio silence about it from my manager so far…maybe that’s a bad sign!

It is amazing how people live to work

Get themselves into debts that they do not need just to satisfy some fake social status, but once they hear a whip, they will comply with anything to keep the theatre going.

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| 1495 views | | 2 replies (last April 17, 2023)
Post ID: @OP+1mbO721A

Europe to get American Jobs

Looks like European plants will be taking the American jobs and a lot of the work production as its cheaper than the dollar, the quality of work is much better and also finalizing HC Spinco to Ireland.

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| 2481 views | | 5 replies (last April 18, 2023)
Post ID: @OP+1mbVUnj8

How does severance work?

I feel it coming. How does severance work? I've heard is 1 week/year? I don't have a year yet, am I not getting anything? Also have heard about "signing the letter" what's that? I have seen coworkers who were laid off and they never came back... — read more 

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| 3500 views | | 13 replies (last April 19, 2023)
Post ID: @OP+1m96Ng5q

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