US manufacturer 3M says to cut 2,000 jobs on slowing demand
Ubiquitous and colorful Post-it notes are a favorite, but 3M has seen slowing demand for other products in overseas markets (AFP Photo/JUSTIN SULLIVAN)/ New York (AFP) - US industrial products manufacturer 3M announced Thursday it will cut 2,000 jobs worldwide, citing weakness in key markets that led to a drop in first-quarter sales. 3M, which makes a wide variety of industrial goods and tools as well as everyday items such as the ubiquitous stick-and-remove Post-It notes, also slashed its full-year profit forecast. Total sales fell five ...
Click
To Read Full Article