Looks like getting beaten down
11 replies (most recent on top)
still news about the AIP payout?
Wait a minute here....in my experience, JG12+ appointments have always needed SVP approval. This isn't something new.
@m4 the theme for plants is indeed relentless focus on headcount. Invest automation to reduce hiring. Flatten org and increase span of control to squeeze out more. Delay promotions and JG12&above need SVP approval. 3M people do tighten your belts
@cj BB has a plan for 3M. Break it up..much easier to sell off a piece if you've slashed costs and made it more affordable to operate. That is, until you find out all those warehouse and production people were really needed.
No matter how well company doing they don't want to share pofit with you. Every year you are earning less and less despite working butt off. Do bare minimum and work on side hustel to make the difference.
It felt like investors drew attention toward plant/DC closures. Based on BB response, I thought I heard something like 7 or 8 facility closures.
Bill Brown spoke clearly and answered questions well on the call, so with the share price pressure driven more by tariffs and macro noise than execution, it’s probably time to give him some runway rather than jump straight to reorganisation or layoffs.
Prepare for more layoffs to come
Bad earnings by CBG. They are supposed to pick up in the last quarter when it’s holidays. Looks like they didn’t. TEBG totally miscalculated the market, products and skills. What’s remaining. Good old adhesives with a lot of competition. Tough
Gib man going away!
Decent results and guidance. The issue is the market at large. When Mango Man doubles down on invading a NATO ally that tends to spook investors.