Thread regarding Solventum layoffs

Townhall Nonsense

At the global town hall held on October 22, a very courageous employee rose to ask the first question. Stating that he "was not a VP yet," he proceeded to ask Bryan Hanson to explain the rationale behind adding additional layers to the ranks of senior executives while engaging in yet another round of Q4 layoffs.

By my recollection, counting our pre-spin days, we had layoffs in 2019, received US government pay during the pandemic to avoid layoffs in 2020, and then followed with layoffs in 2021, 2022, 2023, and 2024. Now in 2025, we are sacrificing more people upon the altar of growth, while making room for more executives to augment the ranks of our C-suite. That makes the question particularly timely —Hanson fashions himself as a leader, and historically, leaders who can both speak and demonstrate shared sacrifices tend to earn followers. Hanson says a lot of the right things, but his actions indicate otherwise.

His answer was supremely unsatisfying. He provided corporate doublespeak about how we will continuously evolve, and occasionally, that evolution will cause his leadership team to eliminate jobs. That answer is the standard boilerplate C-suite talk that those folks have been spewing for many decades now. But it did not answer the question. In fact, it did not come close.

As a leader who came in claiming he wanted to flatten the hierarchy, he has significantly thickened it. The tie that binds Hanson to his clique is that they all worked with Bryan in years past. Hanson justifies his decisions by explaining that he needs people who have experienced spin-offs before. This argument, however, begs the question. Are Medtronic and Covidian alums the only people who fit that bill? At what point does this become cronyism masquerading as a meritocracy? And given the huge severance packages (Barry, for whatever personal struggles he is facing, likely earned a two-year severance package when his good old buddy Bryan figured out how to eliminate his position instead of accepting his resignation. No bad for declining a job offer.)

Despite all his flash and polish, it is hard not to wonder if Hanson is simply a pirate, out to pillage as much as he can while throwing some bo--y to his inexhaustible supply of friends. It is hard not to conclude they are feeding off what will eventually become the carcass of 3M's health care business group. And no amount of slide editing at 11 pm can paper that over.


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| 6527 views | | 17 replies (last November 10) | Reply
Post ID: @OP+1k86e874g

17 replies (most recent on top)

Expect all future townhalls to be scripted and tightly controlled. Bryan is probably embarrassed that he was made to be a clueless loon by the guy asking the "I'm not a vp yet" question.

Bryan will likely require all questions to be submitted on-line. No standing up anymore and being offscript. It will be like when those communist states first started up and everyone was told they mattered, even as a prole. Only to find St-lin didn't care what the unwashed masses thought but he was on your side.

SOLV had such promise but now is being run for cash until Bryan and his puppet master Peltz can make enough payments to pay off their yacht. So sad!

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Post ID: @2yf+1k86e874g

@1dz
Did you get a severance?

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Post ID: @1jc+1k86e874g

He shed a tear for Chris Barry because of the personal tragedy that has happened to the man's family involving one of his children. I prefer to pray for the man and his family. We need to separate church and states at these times. Most of you are spot on regarding the business.

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Post ID: @1hs+1k86e874g

@1dz I’m so sorry - what department were you in?

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Post ID: @1e0+1k86e874g

I was taken by surprise being a high performer got some random in the middle of the night email “mandatory org change” get on the call to find out my role is impacted. I thought I had a great year. I have seen my colleagues who weren’t doing so well but they chose me. SURPRISE!!! Like no performance issues nothing just sorry we don’t need you. No one helps to move you to somewhere else like they do others. It’s very disheartening but I don’t expect much in corporate American. You come to work get paid get what’s in it for you because once they use you they will discard you and won’t think anything of it. Be blessed !

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Post ID: @1dz+1k86e874g

@19c 3M of the latter 20th century was not perfect but what you describe as the wi---e Wonka factory made it fun for people to come to work.

It seems the 21st century became the beginning of the end of that culture. 15 percent rule became sick sigma for CRL and other groups just so a GE flunkie could proclaim the GE gospel in Maplewood and try to show Jack Welch that he made the wrong choice in Immelt.

In the 80s and 90s, 3M was always on the best places to work and awesome employee centered events were held at Tartan. HR directly SUPPORTED employees, instead of dreaming up ways to vaporize them.

Bryan is a fraud and grossly overpaid. But the real "man" pulling his strings is an 83 year old billionaire trying to run an innovation company when he couldn't even run Wendy's.

3M and SOLV are like past flames in a love life that has fizzled out.

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Post ID: @1am+1k86e874g

@19c standing ovation And I did read. You summarized EVERYTHING I've been feeling the past few years with this company. Just hoping to get to retirement...but putting the resume out now.

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Post ID: @1ak+1k86e874g

@1ah everyone in the crowd seems to love him

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Post ID: @1aj+1k86e874g

@1a3 I could tell with his insistence on id--tic selfies and his smarmy way of presenting. Blarg. And everyone there sitting like good little students applauding everything he said. Makes me sick.

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Post ID: @1ah+1k86e874g

The first time I saw Brian Hanson when he gave his welcome speech at 3M I knew he was a phony, so I ditched healthcare and retreated back to mother mining. What was the tell? I had googled him prior to that meeting and found a photo of him from a few years earlier where he had a lined forehead and a completely bold top of the head. fast forward about five years and he has a full head of hair with a heavily botoxed face. Someone like that is not a respectable leader. His actions proved me right.

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Post ID: @1a3+1k86e874g
tldr: it's like you are discovering how corporate America works and want us all to be aghast. I both feel you (and 100% used to think like you), but also... what do you want? Leave and go work for the principled, moral, virtuous, sacrificing leader you believe exists (and tell us who that is when you find him/her).

I mean, you're not wrong... but what do you expect? I used to expect more, too. My past zeal for principles and righteousness is essentially dead inside. Basically, you're upset at what you saw because you think it should/could have been different.

Start with a different hypothesis: it's all a game, and it was never intended to go how you imagine/dream. This is what led me to leave 3M. I genuinely loved 3M. I'd tell people I worked at the "Willa Wonka factory of technology." And it was that, and I felt surrounded by amazing, brilliant people.

The C-suite spiel was always the same: "At 3M, we combine world class technologies in novel ways across our diverse businesses to bring brand new solutions to our customers' needs and pain points." Then back in the divisions, we did no Class 4 and 5. Everyone was on cost-downs, trying to shave 1% from the existing 20 or 50 or 100yr old product platform. Nonsense.

In ~2009 when the housing bubble was popping and layoffs were rampant, George Buckley was the 2nd highest paid person in MN. I used to think if he'd taken a pay cut, he could have saved 100 jobs. Can you imagine the publicity and loyalty that could have come from that?

To your quote: "Hanson fashions himself as a leader, and historically, leaders who can both speak and demonstrate shared sacrifices tend to earn followers."

Sure, but what are you on? How many "leaders" can you cite sacrificing for their employees? While taking a sh*t one day, I calculated that prime-time Buckley ($26M/year) was earning my annual salary in about 60 hours. Inge promised $500M / year savings from SAP (publicly, in annual reports) which never materialized but he sure delivered on "restructuring." Bryan's audacity trumps them all, taking $40M after a year of layoffs, selling 1/4 of the company, and a flatlined stock?!

The "playbook" is indeed working, and it's so simple:

  • blame problems on past leadership

  • make huge bold promises that will never manifest, but if you smile and wear expensive clothes, they'll [mostly] choke down your lies

  • sit tight and cross your fingers for 3-7 years, explaining away "blips," giving non-answers at town halls, make layoffs when you need a stock boost, and taking full credit for any successes (sprinkled in with some "huge credit to our hardworking teams")

  • at the end, peace out with a giant bag of gold while no one who did the actual work gets anywhere close to their fair share

I wish I had better news. It's just a trade of hours/effort for $. The best you can do is minimize the bullsh*t you have to eat along the way (like... don't watch town halls).

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Post ID: @19c+1k86e874g

I'm SUPER pi---d and also really proud of that guy for asking that question. I haven't felt safe in YEARS at my job and 2 people in my department just got the axe today. RIDICULOUS. As soon as I saw they hired another big wig I knew we were in trouble. Brian makes me sick and seems SO FAKE.

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Post ID: @19a+1k86e874g

@bb I wonder if Nelson Peltz has a family member that is now working as a VP at SOLV. He raided a company and then appointed his son-in-law as CEO. Just saying. Maybe Bryan's 40 million is contingent on keeping Nellie Boy happy.

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Post ID: @bd+1k86e874g

Sad that positive change won’t happen. Real questions won’t be answered. Because there’s a vested interest held by those in power to keep the pyramid in place. Friends hire their friends, move from one company to the next, make signing bonuses and severance payments equal to 40 years of most employees’ salaries. It would be so amazing to find a company that was different. If anyone is interested, you can find the offer letters of the 5 highest-compensated Solventum employees online by typing their name and “Solventum offer letter.” The one with the $2,860,000 signing bonus is shocking.

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Post ID: @bb+1k86e874g

Bryan came in with such promise. It appears he is a milqtoaste leader, simply being told what to do by an 83 year old billionaire (Nelson Peltz) from Trian. A guy who made his millions in daddy's food company and then billions corporate raiding other companies using other rich investors as seed money.

SOLV is going to limp along and be swallowed up by a competitor and further gutted to "justify" the acquisition price. Peltzie meanwhile can afford another Florida yacht, probably next door to Bill Brown in some private pricy Florida gated marina community.

Meanwhile SOLV peons are thrown to the wolves without even getting paid for Black Friday.

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Post ID: @ap+1k86e874g

Bravo to the guy with the ba--s to ask what he did. It takes a lot of courage and he certainly spoke for many of us in the organisation.

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Post ID: @a5+1k86e874g

@OP Great post. BH didn't realize how deeply that first question cut and how telling his response was. People first seems like a joke, even though it first on "the slide." It's BH's leadership team first. At least when he initiated his Christmas layoffs last year, he attempted to show empathy and his explanation for those cuts made sense. Today he shed a tear for CB and will send him off with millions at the end of the year. The "flash and polish" has worn off. The C-suite tweaking, organizational structure changes, and ERP deployment are all I see. As far as I can tell, he has not shared meaningful plans regarding organic growth, investments in existing businesses, etc. Everything seems pointed to buying growth inorganically. Good luck with that. I think I'll pass on the employee stock purchase plan.

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Post ID: @a3+1k86e874g

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