3M to lay off about 2,500 employees due to 2023 economic outlook
By WCCO Staff January 24, 2023 / 7:23 AM / CBS/AP MAPLEWOOD, Minn. – One of Minnesota's largest employers announced that they intend to cut about 2...
January 24, 2023
4:34 PM
By WCCO Staff January 24, 2023 / 7:23 AM / CBS/AP MAPLEWOOD, Minn. – One of Minnesota's largest employers announced that they intend to cut about 2,500 jobs in the near future.The news comes following the announcement of fourth-quarter and full-year results, and with a look ahead to the 2023 financial outlook. Shares fell 4.7% before the market open."We posted organic growth of 0.4 percent -- versus our expectation of 1 to 3 percent -- adjusted margins of 19.1 percent, and adjusted earnings of $2.
Wcco Staff