Thread regarding 3M layoffs

press are on to it

https://www.bloomberg.com/news/articles/2022-08-31/3m-plans-job-cuts-as-part-of-a-broader-cost-cutting-initiative

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Post ID: @OP+1ivaxYPZ

6 replies (most recent on top)

MR is expert in running business to failure

Previously he ran the Renewable energy division which closed down eventually

Now he runs the entire company, and it looks like going to be same fate !!!

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Post ID: @ino+1ivaxYPZ

Good for Vale for the transparency and honesty. That is leadership.

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Post ID: @djh+1ivaxYPZ

Good to see main stream media reporting on it.

What a failure of a management team. They should be ashamed of themselves. 4 layoffs in 4 years, zero growth, multiple failed corporate initiatives and now unlimited legal litigations ! This will be MR and his henchman MM's legacy !

They simply ran this venerable company to the ground.

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Post ID: @qnv+1ivaxYPZ

Roman in hiding and telling everyone to be sure to say this is not a corporate thing, just the businesses making decisions. I guess he is not in charge after all.

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Post ID: @qqf+1ivaxYPZ

I always look to see who sold shares and when.

MR isn’t saying anything because he’s a coward. Monish is the executor of these actions. He’s the one people want to hear from. He’s in charge of finances. MR let’s him do whatever he wants and has since he came in. And this is on Monish now.

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Post ID: @okh+1ivaxYPZ

Why is MR so quiet,,share selling I presume

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Post ID: @omr+1ivaxYPZ

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