Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

3M to lay off 1,500 workers worldwide

 


With business conditions soft in much of the world, 3M Co. said Thursday that it would lay off 1,500 employees worldwide after seeing sales and profits decline during the latest quarter.

3M officials said they planned to eliminate “structural overhead,” including “management layers,” in order to simplify divisions and save costs. Of the 500 U.S. jobs being cut, “it has not yet been determined how many will be in Minnesota or the Twin Cities,” 3M spokeswoman Donna Fleming Runyon said.

http://www.startribune.com/3m-to-lay-off-1-500-workers-worldwide/335798641/

 

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