Published 1 year ago

3M to cut 2,500 jobs as demand weakens, profit drops

Summary by Pioneer Press

3M, maker of Post-it notes, industrial coatings and ceramics, is cutting about 2,500 manufacturing jobs worldwide as it looks to align itself with adjusted production volumes.

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Times of India

3M to cut 2,500 jobs as demand weakens, profit drops

The move comes as corporate America has seen a string of layoffs with companies trying to rein in costs amid fears of a potential economic downturn.

1 year ago·India

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Reuters

3M to cut 2,500 jobs as demand weakens, profit drops

3M Co said on Tuesday it would cut 2,500 manufacturing jobs after reporting a lower profit, as the U.S. industrial conglomerate faces a demand slowdown in its unit that sells products including notebooks, air purifiers and respirators.

1 year ago·United Kingdom

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Associated Press News

3M cutting about 2,500 manufacturing jobs globally

3M, maker of Post-it notes, industrial coatings and ceramics, is cutting about 2,500 manufacturing jobs worldwide as it looks to align itself with adjusted production volumes. The company announced last

1 year ago·United States

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abc News

3M cutting about 2,500 manufacturing jobs globally

3M, maker of Post-it notes, industrial coatings and ceramics, is cutting about 2,500 manufacturing jobs worldwide as it looks to align itself with adjusted production volumes

1 year ago·United States

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The Washington Post

3M cutting about 2,500 manufacturing jobs globally

3M, maker of Post-it notes, industrial coatings and ceramics, is cutting about 2,500 manufacturing jobs worldwide as it looks to align itself with adjusted production volumes

1 year ago

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KIFI

3M cutting about 2,500 manufacturing jobs globally

By MICHELLE CHAPMAN AP Business Writer 3M, maker of Post-it notes, industrial coatings and ceramics, is cutting about 2,500 manufacturing jobs worldwide as it looks to align itself with adjusted production volumes. The company announced last month that it will exit per- and polyfluoroalkyl substance manufacturing by the end of 2025. 3M Co. also reported fourth-quarter adjusted profit was $2.28 per share that missed Street estimates.

1 year ago·Idaho Falls, United States

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