Short-term focused company. Constant restructuring, budget cuts and layoffs; terrible culture. - Recensione dipendente - Global Manager presso 3M

1,0
30 mag 2023
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Pay is average but doesn't stand out against market rates. Lots of opportunities to move around internally.

Svantaggi

They make it clear they are a shareholder-first company and the dividend is all that matters. There is little to no consideration of the customers anymore. Margin % is the primary metric. Very short-term focused leadership operating quarter to quarter to meet their bonus goals. Terrible culture. No one is empowered to make decisions. Layoffs, budget cuts and restructures every year are sold as "improving the company" yet revenues continue to decline YOY.

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Risposta di 3M
3y
Thank you so much for leaving your feedback. We're focusing on creating a clear long-term strategy that will provide more job security for all our people.

Esplora altre recensioni su 3M

5,0
15 mag 2026
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Good pay and coworkers were friendly

Svantaggi

Rotating shifts were not for me

3,0
10 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Company investing in new products and higher growth markets

Svantaggi

Over the past five years, there has been a significant decline in employee loyalty and incentive programs. Equity compensation, such as stock options and RSUs, was previously accessible to mid-level managers but is now strictly reserved for directors and above, reducing long-term incentives for a large portion of the workforce. Additionally, an increase in micromanagement and administrative red tape—particularly regarding strict scrutiny on all spending—has hindered productivity. The frequent practice of cutting budgets to meet short-term quarterly Operating Income (OI) targets is ultimately compromising our long-term revenue growth.

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