Layoffs roiling the tech sector have been the biggest economic story of 2023. And now, it seems those layoffs are spreading into new corners of Corporate America. On Tuesday morning, 3M (MMM) announced it would cut 2,500 manufacturing jobs, as slower-than-expected growth followed from what the company called “rapid declines in consumer-facing markets — a dynamic that accelerated in December — along with significant slowing in China due to COVID-related disruptions.” The news from 3M… Source link
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