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

1,0
30 mei 2023
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

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

Minpunten

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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Reactie van 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.

Ontdek andere reviews over 3M

5,0
15 mei 2026
Anonieme werknemer
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Good pay and coworkers were friendly

Minpunten

Rotating shifts were not for me

3,0
10 jun 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Company investing in new products and higher growth markets

Minpunten

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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