this year, saying it would shed up to 3,000 positions after a steep profit drop in late 2022.mainly in the U.S., with large employers such as Facebook parent Meta Platforms Inc. and Amazon.com Inc. shedding thousands of jobs last year.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
3M to Cut 2,500 Manufacturing Jobs as Demand Weakens3M green up pointing triangle is cutting about 2,500 global manufacturing jobs as demand for its products rapidly softened toward the end of the year Green up pointing triangle You can only raise your prices so much that your products become unaffordable. You can blame it all on inflation but if people can’t afford it, they won’t buy it.
Source: WSJ - 🏆 98. / 63 Read more »
3M will cut 2,500 jobs after missing fourth-quarter profit estimates - Dallas Business Journal'We expect macroeconomic challenges to persist in 2023,” 3M CEO Mike Roman said.
Source: DallasBizNews - 🏆 525. / 51 Read more »