Is it true on April 15 2025 3M announced 2500 layoffs affecting manufacturing, administration and 2 US plant closures?
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Not sure what to expect. BB talked about combating tariffs with cost cuts, sourcing changes, price increases and possible U.S. production increases. Those comments seem like they could ‘justify’ a whole range of scenarios. Rumors of cuts and plant closures seems to be just that…….rumor.
Fake Varys is back. What a loser! If you have to pretend to be someone else, then you also have TDS.
Enjoying retirement and retiree medical that make you envy us.
Lol!
We are also glad u retired three years ago. It’s time for u to enjoy cheese curds and leave the work to us. Also BB is at 20m not 10! And for the amazing work he is doing after Roman d-mb d-mb, he deserves it. Please encourage your fellow boomers to also exit stage left!
Everybody knows there are only a small handful of the sn-t nosed punks who think they know it all, even the majority of your age group peers dislike you.
Poster:
“I retired 3yrs ago” - But I’m still an expert in 3M management & will tell you what’s happening (wrong) with 3M.
…
The rest of us:
Okay, boomer it’s time for your afternoon nap.
Just be glad we raising the share from the mess you left it in.
Fake news. 3M announced 8 days ago that they had purchased $1.3 billion in shares buy back program for the quarter.
Investor event announced coming in two weeks
It's clearly WHEN and not IF BB announces a big round of layoffs. Wait until earnings are underperforming Wall Street expectations and BB will "regrettably" announce closures and lay offs. Remember he complained about 3Ms convoluted supply chain. He'll be branded a "visionary" leader by WS for taking "decisive action" while sipping his bubbly on the deck of his expansive yacht off the Florida coast. Not a bad life. Earn 10++ million and callously slice up what was once a great company.
So glad I retired 3 years ago. What a freaking mess!
Not true