Multinational conglomerate 3M will cut 2,500 global manufacturing roles after fourth-quarter profits plummeted due to a slowing economy.
Mike Roman, chairman and CEO of 3M, said in a release, “In a year impacted by inflation, global conflicts, and economic softening, our team took actions to position 3M for future success.”
But, he added, “We expect macroeconomic challenges to persist in 2023.”
www.fox9.com/news/3m-cutting-thousands-of-jobs-profits-tumble
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