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

1.0
May 30, 2023
Recommend
CEO approval
Business outlook

Pros

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

Cons

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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3M Response
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.

Explore other reviews about 3M

5.0
Dec 11, 2025
Recommend
CEO approval
Business outlook

Pros

Work for what you get. Rewarding work and great management structure

Cons

Management can be vague sometimes

3.0
Jun 10, 2026
Recommend
CEO approval
Business outlook

Pros

Company investing in new products and higher growth markets

Cons

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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