Leaders keep saying that we will need to change the way we work, yet they have dedicated offices and a board room in a building where everyone else will be crammed in like sardines. No cafeteria, no fitness space, tiny desks with no storage, really no space for non-lab people. They almost are discouraging us from working there more than what is necessary. Yet the site Q&A claims that the site will be more than adequate for the "foreseeable future".
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@@ae+1jn6nsext
A pay bump, are you serious?! 🤣 There is zero chance they spread the financial love downhill beyond existing measures like AIP.
The one saving grave that SOLV has over the morbid fate of Imation is that many of the products have a future. Or-l care isn't going away, etc. Imation kept trying to sell digital storage hardware that was eventually going to end up in a Cloud.
Right on about Nelson Peltz. He is a power hungry but very rich old guy. I'd rather be lounging on a yacht off the Gulf Coast of Florida with his millions than micromanaging Bryan. He is definitely the guy who ordered Bryan to layoff 1000s just before Christmas. Smart and effective but brutal to the worker bees everywhere he's haunted.
@b1+1jn6nsext - is right on the money. The health care spin was about one thing and one thing only - generating billions in desperately needed cash for 3M as a war chest. That plan did not include creating another world-class company as MR so inauthentically articulated at the time. Back to Bryan’s first town hall, it was clear to the masses that the writing was on the wall for P+F, Or-l Care, and then HIS. So there was and is a plan in place, but those pulling the strings won’t say it for obvious reasons and they just hope that the worker bees drink the Kool-Aid for long enough for them to execute their plan.
It was bought to keep the State of Minnesota happy. 3M spinning off Solventum wasn’t what 3M promised the State of Minnesota when they would get tax discounts in exchange for the employees paying the taxes in lieu.
The building is a false encouragement that “Solventum stayed in MN” while they sell off everything but MedSurg, then eventually have director decision if they want their team in that office or not.
It’s an expensive way to buy time, but it’s worlds cheaper than breaking the deal with the state
HIS and Dental will be sold off before anyone moves into the Eagan space. Only MedSurg will remain by then.
@a9+1jn6nsext
Has made some really good comments – especially the sentence “They act like they are listening to feedback, but then they already seem to have their plan in place.” I think the reason the Eagan space doesn’t make sense is there is another “plan” the employees do not know about.
This news snippet comments on the Wall Street Journal article this week:
“Nelson Peltz’s Trian Fund Management plans to push Solventum to separate more of its businesses after the company sold its filtration unit, Ben Glickman of Wall Street Journal reports, citing people familiar with the matter. Trian, which held a roughly 5% stake in Solventum since the middle of last year, believes the company should separate its dental products and software businesses and focus more on its medical and surgical unit, sources told the Journal. The activist wants Solventum to cut costs in its businesses before a potential sale or spinoff, the people added. Trian plans to release a statement Wednesday saying filtration deal is a step in the right direction, they said.”
The Eagan space might make sense – once the company has been reduced to the medical and surgical unit. And even the medical & surgical unit will likely be downsized and run with as few employees as possible if Nelson Peltz is calling the shots (as he seems to be the actual CEO with Bryan acting on his every command). I hate to say this but I think eventually Solventum will suffer the same fate as Imation.
I think it’s fine since barely anyone goes on site. They’re not going to spend a buttload of money on desks and offices for everyone when there isn’t anyone actually driving to the offices. Works great for me; tells me there won’t be a RTO mandate and I can keep working (mostly) remotely. Personally, I’d prefer they save the money and give us all a pay bump. But I’m not holding my breath that’ll actually happen. Maybe saving that money will prevent another layoff though.
Quite honestly, work should only be a space for work; putting everything else there makes one feel like you don’t need to leave. Get out of the building for lunch, go outside for a walk, learn to leave the office so it’s not your entire life.
The storage thing I agree somewhat, but we also kind of have a consumer issue in this society: we don’t need to have a stock of a billion binders that will sit there for 50 years unused. Buy what you need and nothing more. There should be a space made for lab people and all of their samples though. All in all, design looks really good and they kept the nature courtyards so I’m happy.
The Eagan site is inadequate in many ways. It was clear almost immediately after it was first announced that it did not have enough space. We were told that "our currently labs are not optimized for our needs" to justify the smaller footprint, but now that we (P&F) have been sold, the tune has changed, and leadership is admitting that our new Thermo space will have to be over twice as large as what we were allocated in Eagan. Maybe this fits with the plan all along - there will be space once P&F and (perhaps) dental are gone.
The lobby looks cool and clearly the brand people spent a lot of time on that, but everything else looks insufficient. Cafeteria would be nice, but I imagine the number of people onsite is too small to support that. Instead you'll get a "canteen" stuff with junk food. Lack of fitness space is regrettable as well, sounds like they will have one shower onsite? They act like they are listening to feedback, but then they already seem to have their plan in place.
The desks look awful, super tiny with no space, no privacy beyond some 3M film on your computer screen.
They keep talking about building a space for the next 20 years and beyond, but then they come up with this. I'm only hoping that P&F will do better now that they'll likely get a second shot a building out a new site. Not holding my breath.