. Those cuts are in addition to the 2,500 manufacturing roles 3M eliminated in January. 3M also announced several mass layoffs in 2019 and 2020, but total headcount has been up and down over the past several years. The company said it anticipates it will save up to $900 million a year before taxes after the layoffs are complete. 3M argued that the cuts are “intended to make 3M stronger, leaner and more focused” by simplifying its supply chain and reducing layers of management.
Sales slumped 9% to $8 billion, while net income attributable to the company tumbled 25% to under $1 billion in the quarter. The company said it would prioritize products that customers are increasingly demanding, including climate tech, sustainable packaging and automated industrial products, among other emerging technologies. 3M also reaffirmed its previous outlook for 2023, anticipating sales would fall by as much as 6% this year.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Bed Bath & Beyond plans to liquidate all inventory and go out of business | CNN BusinessBed Bath & Beyond has filed for bankruptcy. It caps a long deterioration for a retailer that didn't keep up with shifts in shopping trends.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »
NBCUniversal CEO Jeff Shell to leave company after inappropriate conduct probe | CNN BusinessNBCUniversal CEO Jeff Shell is leaving the company after an outside investigation 'into a complaint of inappropriate conduct,' its parent company Comcast announced Sunday.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »
China makes major push in its ambitious digital yuan project | CNN BusinessPublic sector workers in an eastern Chinese city are set to be paid fully in digital yuan, as the country makes a significant push to popularize the currency.
Fonte: cnni - 🏆 326. / 59 Consulte Mais informação »
Democratic senators want to ban stock trading in Congress | CNN BusinessThe ETHICS Act would not only ban lawmakers, their spouses and dependent children from trading single stocks, it would also create a searchable, electronic database of their holdings and impose large penalties for any violations.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »
Tucker Carlson out at Fox News | CNN BusinessFox News and Tucker Carlson, the right-wing extremist who hosted the network's highly rated 8pm hour, have severed ties, the network said in a stunning announcement Monday.
Fonte: cnni - 🏆 326. / 59 Consulte Mais informação »