Layoff news: 3M to slash 2,500 Jobs, CEO vows to reexamine ‘everything we do’

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

‘Any big tech hiring?’ asks Techie laid-off by Google, Snap, Amazon in 4 months

‘Any big tech hiring?’ asks Techie laid-off by Google, Snap, Amazon in 4 months

Riding on the tide of layoff, many companies have downsized their workforce in recent times. All top companies including Amazon, Google and Facebook has undertaken mass layoff as they struggle to maintain the demand which got inflated during Covid. Laid-off employees are taking to social media platforms to express their experience and in search of … Read more