3M slashes 1500 jobs globally
Reduction adds to 2000 layoffs announced in April, and is intended to save the company $110–120 million annually
US manufacturing giant 3M will shed 1500 jobs worldwide, eliminating more than 1.5% of its international workforce of about 90,500. These new reductions, which are part of 3M’s ongoing restructuring plan, come on top of the 2000 job cuts that the company announced in April 2019.