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US conglomerate 3M plans to cut 2,500 jobs worldwide.

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The company joins the ranks of large companies that have announced layoffs in recent months.

The company joins the ranks of large companies that have announced layoffs in recent months.

US industrial conglomerate 3M, which makes medical devices, abrasive rollers and post-it notes, said Tuesday it is bracing for a tough economic scenario and plans to lay off 2,500 people worldwide.

In a press release, the company said it will already have to manage “inflation, global conflict and an economic slowdown” in 2022 and is taking measures accordingly, including marketing food-safe products. bottom.

“We expect the macroeconomic challenges to continue into 2023,” said CEO Mike Roman.

“We plan to reduce around 2,500 production positions worldwide, which is a necessary decision to match production volumes based on customer situations,” he added.

As of the end of 2021, the company employs approximately 95,000 people.

In the fourth quarter alone, 3M’s sales were down 6% to $8.1 billion.

Source: Diario.Elmundo

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