Corporate Layoff: 3M Announces Mass Cutback of Workforce Amidst Downtrend in Manufacturing
3M has become one of the corporate enterprises affected by the unstable economic climate and has announced a major layoff.
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3M has become one of the corporate enterprises affected by the unstable economic climate and has announced a major layoff.
3M intends to concentrate on high-growth sectors amid declining consumer electronics sales. In a second wave of job cuts this year, 3M Co. will be laying off 6,000 jobs worldwide as it attempts to control costs in the face of declining consumer electronics sales.
Shares of industrial and transportation companies fell amid revived concerns about an economic downturn. The transportation sector was hit after UPS delivered disappointing earnings, which might drive home more worries about a recession if there's ... | Apr. 25
WAUSAU, WI (WSAU) - Layoffs are coming to 3M the company announced on Tuesday as part of another big restructuring plan as the industrial industry bra...
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