Twin Cities-based 3M announced significant layoffs Tuesday as part of yet another major restructuring plan as the manufacturing sector prepares for a possible recession and slumping demand for goods.
3M Co. will pursue a sweeping restructuring plan that will affect 6,000 positions globally. The Minnesota-based maker of Scotch tape and Post-it Notes said the move will affect all parts of the ...
3M announced it is reducing the size of the company by cutting 6,000 jobs worldwide, in addition to the 2,500 manufacturing jobs that were cut in January, according to its 2023 first-quarter report.
Shares of 3M Co. were moving about 2% higher in premarket trading Tuesday after the company saw its profit for the latest quarter fall but top expectations. 3M MMM also announced a restructuring plan ...
3M Company (MMM) will cut 6,000 jobs as part of a broader restructuring plan, the company announced on Tuesday. The cuts, coupled with an earlier reduction of 2,500 workers announced in January, ...
3M Co. is cutting another 6,000 jobs as the manufacturer steps up its efforts to pare expenses and turn around its ailing operations. The company has now announced 8,500 total job cuts this year.
Most of the layoffs in Minnesota will happen at the Maplewood office 3M laid off 2,500 employees in January amid a manufacturing demand slowdown Consumers have shifted spending to experiences instead ...
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