How many different ways can Venky ruin this company from an operational role? He has a bunch of logistics professionals running sourcing & manufacturing, he is divesting of Vietnam factories to move to India, and now he is outsourcing IT to India. This company wasn't built that way!
Posts mentioning hashtag #sourcing
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Ugly inventory
How do we keep carrying ugly inventory? Stuff that nobody wants and is straight dollar store quality. Who is sourcing all these cr-p items? Search Nike shoes and it’s 80% ugly tjmaxx stuff. Can we fire the team who keeps buying ugly sh-t nobody wants? How are we relevant if we keep selling stuff nobody wants???
Best Cost Country
Heard about BCC from Sourcing town hall. Is this 3M saying they will hire and replace in these cheap labor markets? Is this the strategy, hire in OUS and EXPECT US government contracts and customers to ignore? Celebrating US250 this year, shouldn’t this be highlighted and treated accordingly? Maybe I don’t know 3M history well yet, but seems like a giant finger to US and its workers while trying to hide it and simply say they are global.
What happened in Dublin? Sourcing cuts too?
Some received emails that today will be their last day, no severance.....
Not sure why I JUST noticed this..
Obviously they’re using their ridiculous corporate buzzwords to soften the blow. The way they’ve said everything made it seem like this is going to be the last round of layoffs by saying there is no Cascade 3.
But… it says “There is no Cascade 3 as part of Capacity Realignment.”
Those sneaky ba----ds. Capacity Realignment is just phase one. “Cascade 2 will conclude Capacity Realignment.” There’s still Sourcing & Shoring and AI & Automation phases to come.
Maybe this was obvious to a lot of people, but I definitely had a false sense of security thinking this would potentially be it. I knew there would always be the POTENTIAL for additional layoffs down the road, but this sneaky bullsh-t just really jumped out at me today.
I wish they’d stop the bullsh-t buzzwords, grow up, and just say things as they are. Instead, they’re being a bunch of cowards hiding behind pretty words.