Thread regarding 3M layoffs

Going Under

10 Signs Your Company Is Going Under

  1. There's a Hiring Freeze
  2. Closed Door Meetings Are Everywhere
  3. The Good Employees Start Leaving
  4. Layoffs and Reorganizations Are Constant
  5. Playing It Safe Is Encouraged
  6. Everyone Is Unhappy
  7. There's No Money to Do Anything
  8. The Company Stock Is in Free Fall
  9. Benefits and Freebies Dry Up
  10. You're Not Busy

Do better Leadership, do better!

by EricH
| 1802 views | | 5 replies (last December 14, 2023) | Reply
Post ID: @OP+1q2renQr
Comment! It's anonymous!

5 replies (most recent on top)

@gxd+1q2renQr

Layoffs before Christmas is common. It used to be only during Christmas in order to make the numbers. Then it became after each earnings call that was soft. Today it is every quarter. Soon to be layoffs every month.

by Anonymous
| | Reply
Post ID: @2wld+1q2renQr

Great points all currently applicable to 3M. Add to it the following point :

  1. N no. of people doing the actual work and providing updates to N+3,4...( take your pick) people on a regular basis for an extended period of time.
by Anonymous
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Post ID: @1isl+1q2renQr

All but the last one apply!

by Anonymous
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Post ID: @jzm+1q2renQr

CBG will be toast next year. Its products are not going anyway. Even it is shutting own its own face mask productions.

by Anonymous
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Post ID: @kxe+1q2renQr

Pretty clear the ship is going down when CBG lays off people 2 weeks before Christmas. A lot of first times at 3M these days.

by Anonymous
| | Reply
Post ID: @gxd+1q2renQr

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