Last year, the return on the US pension assets were only $99 million and pension payments were $823 million per 3M 10-K. At this rate, our pension will be in the 60% funded range in 3-4 years. Pension cash flows look unsustainable. Why would 3M HR... — read more
Can I collect AIP if I quit this month?
Put in my two weeks notice and I was just wondering if I will still receive my AIP since it counts as last year's salary (right?).
Workload
Can anyone provide advice on how to manage the always growing number of overlapping meetings? Also, it seems the norm is to accept hundreds of unread emails each month and move on. Has it always been this way?
SAP Implementation
How is SAP implementation going? Still using PeopleSoft too? Must be wasteful and costly to run multiple systems. Must be nearing the 10 year mark. Is there another new completion date? Who’s accountable for this debacle? Are leaders being measured... — read more
Let it collapse
I do need the job and a paycheck and I want the stock price to rise to eke out every last bit of my LTIP before it gets shut off. I have my children’s education, medical bills, and care for my parents that I need to pay for. But I also want it all... — read more
It’s more than just DEI…
Comparing the cached public facing website from December vs the current one, not only is every mention of diversity and inclusion gone, but ESG (environment, social justice, governance) is also gone, the page about women in STEM gone, the State of... — read more
VP of CRDL on abrupt leave
Short email last Friday about abrupt leave of absence of another VP? What's up with that ?
AIP results
Corporate 128.6% CBG 126.1% SIBG 120% TEBG 139.43%
Why are posts being deleted around financial impact on pension of being let go before 55?
Yesterday I saw a post and a number of comments related to 3M cost savings by cutting employees with pension plans before they get to 55. This morning those posts are gone. Why?
Firing People right before their Pension
Pension Plan assets can be tapped for stock-buyback. So I think they are going to start firing anyone pension eligible right before they vest. Firing someone 6 months early can save the company a ton over time and would create opportunity for... — read more
DEI Should Stay at 3M
Bill Brown strongly alluded in today’s CEO call that he’s “bound” by the White House to abide by the executive order to dissolve 3M’s DEI program, but “make no mistake it doesn’t change who we are.” In fact it does because it says 3M is willing to... — read more
Thursday's meeting
It's going to be all about how we're moving to a new system if goal-setting. We should all choose SMART goals that ladder up through our org charts to align with bigger priorities.
Non-Compete Enforcement / Release Requests
Not looking for legal advice here, but has anyone recently witnessed or heard of 3M pursuing legal action for non compete violations? Specifically for employees on the business side and below director level. Additionally, has anyone heard of someone... — read more
Everyday Wins suspension
Has been a month since this initiative has been put on hold. Wondering if employees have stopped appreciating their colleagues for a job well done nowadays? Or people just don't care anymore?
RE: Tariffs: US Plant expansions?
“We’re watching it very, very carefully, but we have a lot of operational levers that we can pull,” Brown said in an interview. “We have a lot of factories in the U.S. and could bring some of that product back to the U.S.” Hopefully management holds... — read more
People leaving company by choice
How long they expected you stay after notice? No notice period req in employee agreement.
BB, More Layoffs, Employee Morale
A few days ago, this post about BB, layoffs, morale, etc. was added to a very old post. Very relevant to today's 3M. History is repeating itself. === I worked at L3H and knew people with longer tenure (25+ years) who loved it there until this... — read more
Wind of Change
Got into some discussions with directors who shared their conversations with VPs. Got a feeling that there will be a much higher focus on impact than on activities for performance reviews. Likely going back to 1-5 instead of 1-3s, and a higher... — read more
What’s JG13 in the US?
I‘m OUS and in JG13, got confused with Manager titles. Is JG13 already considered as manager or is this from 14 and up? I might be wrong, but feels like that I’m „manager“ (based on my local 3M paperwork) but actual manager titles are JG14 and above... — read more
PSD VP axed
What happened? Did he get axed for performance or did the PSD leader not like him since he was 3Mer?
3M executives engage in significant stock transactions
Seems many of the executives are heading for the exit door for their stocks..
3M DEI?
Will 3M cancel its DEI programs? Thoughts?
Does Mike know something we don’t?
Mike Roman just sold over $6 million of his 3M stock. Hmmm. https://www.marketbeat.com/instant-alerts/michael-f-roman-sells-45276-shares-of-3m-nysemmm-stock-2025-01-27/
Design getting the axe?
I heard a rumor that the design team is getting cut. Anyone know anything?
They should be worried
The ELT should take a look at this page to see how many of us hate this place and how many are desperate to leave. It would be a true wake-up call for some of them. What does it say about the company when every other post is people praying to find... — read more
Why do I hate my job so much?
There's really not anything about my job that's particularly bad. I get paid a pretty good salary, I don't have to work too hard, I have 5 weeks of vacation and I get to work from home a few days per week. I like my coworkers, the work I do is... — read more
I need an out from this toxic place
I can’t take this anymore. Getting laid off would be a relief right now. The constant stress, the politics, the incompetence, it’s all draining me. I’ve never been this miserable at work. The toxic atmosphere around here is unbearable. If they did... — read more
Keep All DEI Communications
Keep, record and document any and all DEI communications! It is not legal in the United States to hire based on ethnicity.
3Mers aren't good enough for 3M
Nice, motivating post on 3M Go today about how we're going to speed up the hiring process by posting all roles externally at the same time we post them internally. Not that it matters, since we're to busy cutting to ever hire.
Layoffs next month
Who else is worried that we might be seeing major layoffs next month?
The former PSD, now SIBG is being eaten alive alive
Their competition delivers the needed products where SIBG is "selling" PDFs
3M posts better-than-expected fourth-quarter earnings
Well done BB team 3M Co.’s stock MMM+1.33% was flat early Tuesday, after the Post-It maker and diversified manufacturer posted better-than-expected fourth-quarter earnings. St. Paul, Minn.-based 3M had per-share earnings of $1.33, up 17% from a... — read more
SAFETY AT 3M IS SEVERELY INJURED
Very few EHS personnel still around at 3M Center, the ones that are, are looking. We see comical safety initiatives. We see no accountability from those who denied funding to improve / upgrade plants/lines, year after year. Our managers that are... — read more
RTO All Job Grades
RTO is coming back for all job grades in the next 2-3 months. Expect 3 days in the office, no exceptions. Most likely announced during Q1 Earnings.
3M Stock Analyst Information
What does our chief hair gel officer tell stock analysts? Recently, Deutsche Bank's Nicole DeBlase put a positive "catalyst call" on 3M stock. "we think the next major catalyst is approaching: The Feb. 26, 2025, Investor Day" “We expect 3M to lay... — read more
Is PLM one of the worst new apps?
I got no training, no awareness, nobody explained my anything about PLM but I'm forced to use it. Unfriendly environment, new windows continuously popping up. Its excruciating.
Do your job.....just don't travel!
Now the latest and greatest from the Mensa minds of 3M Engineering....the Q1 travel budget has been cut by 50%. We now need VP approval to do our jobs. To quote Tommy Boy.....Holy Schnikes! Hey Tireman.....how are we supposed to make the 60 yr old... — read more
Holy Large Capital Project Manager add.......
Ummmmm.....do we really need 16 Lg Capital Proj Mgrs? Dang.....I saw the update email and was like....wow, they must be planning on spending some $$$ this year. It's kind've contrary to what's been reported. Oh but we spend our time updating... — read more