Layoff news: 3M to slash 2,500 Jobs, CEO vows to reexamine ‘everything we do’
3M Co. said it plans to cut about 2,500 manufacturing jobs, citing persistent economic hurdles, and forecast profit for this year that fell short of Wall Street estimates. The stock tumbled by the most in nearly 13 years. The maker of Post-it notes, surgical supplies and touch-screen displays said Tuesday that it sees adjusted earnings … Read more