Same as the Management level. Board, do something?

3Mers, go to the 3M Stream internal website and search for "Nick Gangestad Retirement Announcement". Monish begins talking at around 8 minutes in, describing his philosophy. Roughly 12 minutes in, he starts talking about his GE "family", and his new... —  read more 

Look around you and you will find that > 80 % people that you know who joined management ranks were utter failures at the bench ! It has been a celebration of mediocrity, mendacity, nepotism and favoritism at Mother Mining over the last decade... —  read more 

Tens of millions of dollars in accruals and magical reversals of accruals across quarters to manage earnings. If things look too good to be true, they are... This started when the finance team has been replaced throughout the BG and in corporate... —  read more 

Are you going to miss the toxic culture, outdated technology, useless management, constant fear of losing your job, insulting raises, nepotism, lack of advancement opportunities, total lack of respect for employees, and so many other similar... —  read more 

Of course, LG15 and up are safe since they are considered essential workers. Not!

ST. PAUL, Minn., Oct. 4, 2022 /PRNewswire/ -- 3M (NYSE: MMM) today announced the following investor event: Third-quarter 2022 earnings conference call on Tuesday, Oct. 25, 2022, at 8 a.m. CDT. The earnings call can be accessed at (800) 762-2596... —  read more 

Nowadays, whenever I meet new people outside work, I felt ashamed to introduce myself as working in 3M. I am worried what other people perceives 3M company to be - with the countless lawsuit in ear plug and PFAS. Hurting people and the... —  read more 

The mission is ongoing…

This is good news for both sides. Assuming they are able to avoid bankruptcy, there is an opportunity for a new leadership team to come in who is focused on cleaning up the disaster that 3M has become. A strong, ethical, leader who can admit to... —  read more 

Awards Mounting 3M and Aearo prevailed in six of the cases that went to trial, and got some cases that were scheduled for trial thrown out. But they face more than $250 million in damages awarded by juries in 10 other test trials, including a $50... —  read more 

(Reuters) - The U.S. Supreme Court on Monday let stand an appellate ruling that revived nearly 6,000 lawsuits over 3M’s Bair Hugger surgical warming device, clearing the way for trials to resume this fall. 3M, represented by Paul Clement of Kirkland... —  read more 

October 4, 2022 Update: Judge Rodgers pushed back the David George trial set for October 24, 2022, to February 13, 2023, in an order signed yesterday. The reason for the delay is not related to the litigation. This trial date was putting pressure... —  read more 

3M spokesman Sean Ly--h: [Manager, Communications at 3M based in Saint Paul, Minnesota] 3M hopes that the "parties and their attorneys will come together to negotiate a prompt resolution to this matter, so that those veterans with eligible claims can... —  read more 

3M has paid this company tens of millions IMHO to look for ways to: Streamline the business processes Eliminate non value added work Optimize manpower deployment Empower employees to take on more duties, for personal enrichment .. —  read more 

I'm not asking about having to be here because you're close to retirement or you can't find a new job or whatever other similar reason. I'm asking if you're still at 3M because you want to be. Because you enjoy your work and are willing to ride this... —  read more 

Some may like Bob Dylan, some may not - lightly edited and redacted to fit. You've got a lotta nerve to say you are my friend When I was down you just stood there grinnin' You've got a lotta nerve to say you got a helping hand to lend You just want... —  read more 

Titantic saver? Corporate fixer? Sell the company off in parts, like GE model? Another one to make a pile of money, realize this company is beyond broken and leave in 6 months? Another gaggle of high priced lawyers

You must receive a written notice 60 days before the date of a mass layoff or plant closing if you meet the conditions discussed in this brochure. If your employer does not give you the required notice, you may be able to seek damages for back pay... —  read more 

Have not seen it published yet

I expect about 4K, maybe 5. Once the cuts are made, the "leadership" will bring back more of those inane worthless comments. Work smarter not harder - what have we been working d-mb lately? Eliminate non value added work - you mean those... —  read more 

May be able to save some business

Settlement talks resume on October 3, 2022. https://www.millerandzois.com/combat-arms-earplug-lawsuit.html

The challenging macroeconomic environment, including larger than expected FX headwinds, keeps negatively impacting 3M's financial performance. The full year guidance for 2022 has been downward revised, significantly. While 3M has outlined a... —  read more 

This is like a E5 tornado swirling through a county before people had live news. Skies darken quickly and then BO-M. If your team hasn't been whacked, it will happen by the time miserable 3Q earnings are announced. Good luck to all. Lay low and... —  read more 

Shares will skip up to 125 next week so be warned get rid of them then, double digits the week after..markets going to be good as GBP Stering is helping

I have always assumed, rather gullibly, that 3M was too big to fail. I have a real fear that the Woodbury real estate market will collapse. One more woe from smart-sizing. Stock price fallen over 60% in 2 years Pensions will also be... —  read more 

This whole situation has erased my motivation and halved my productivity. I used to care how well the company did, but now I realize that the only ones who'll profit from 3M doing well are the C-suite. Employees never see any of the gains but always... —  read more 

EMEA..that's for starters. Happy Christmas Folks

What are they doing?

"Perpetual optimism is a force multiplier." The ripple effect of a leader's enthusiasm and optimism is awesome. So is the impact of cynicism and pessimism. Leaders who whine and blame engender those same behaviours among their colleagues. I am not... —  read more 

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