2023-01-25 21:07:45
3M, with Pittsboro plant, says it will cut 2,500 jobs as sales dip
The Business Journals
3M is cutting jobs as the company expects macroeconomic challenges to persist in 2023.
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Business / Finance2023-01-24 13:13:39
3M Co. said fourth-quarter sales fell 6% in the fourth quarter and expects another slide this year. "We expect macroeconomic challenges to persist in 2023,...
PoliticsBy Associated Press2023-01-24 13:08:30
3M, maker of Post-it notes, industrial coatings and ceramics, is cutting about 2,500 manufacturing jobs worldwide as it looks to align itself with adjusted...
Business / Finance2023-01-24 15:47:16
"We expect macroeconomic challenges to persist in 2023, CEO Mike Roman said.
TechnologyBy Subrat Patnaik2023-01-25 11:37:09
Massive job cuts in Silicon Valley are bringing some relief to investors after a year-long stock selloff, as companies indicate they’re focused on bolstering...
Business / FinanceBy Rtt News2023-01-24 11:36:29
(RTTNews) - 3M Co. (MMM) revealed a profit for fourth quarter that decreased from last year and missed the Street estimates. The company's earnings came in...
Business / FinanceBy Anusuya Lahiri2023-01-24 12:12:58
3M Co MMM reported fourth-quarter FY22 sales of $8.08 billion, a decline of 6% year-over-year, beating the consensus of $8.04 billion. Organic sales grew...
Business / FinancePress Release2023-01-24 11:30:00
ST. PAUL, Minn., Jan. 24, 2023 /PRNewswire/ -- 3M (NYSE: MMM) today reported fourth-quarter and full-year 2022 results and provided its 2023 financial...
Business / FinanceBy Rtt News2023-01-24 07:56:01
(RTTNews) - Ford Motor Co. seems to be the latest corporate major to join the ongoing layoffs with plans of cutting 3,200 jobs across Europe, mainly in...
Technology2023-01-24 22:27:23
Innovaccer has fired around 15% of its workforce while PagerDuty has trimmed 7%.
TechnologyBy Loni Prinsloo2023-01-25 15:28:25
Amsterdam-listed Prosus NV and its parent Naspers Ltd. are planning to cut their corporate workforce by 30%, becoming the latest global tech company to...
Business / FinanceBy Will Daniel2023-01-24 20:49:48
Federal Reserve researchers have shown that temporary worker layoffs have, in past recessions, preceded those in the overall labor market by 6 to 12 months."
Business / FinanceBy Trefis2023-01-24 08:24:26
3M Company (NYSE: MMM) is scheduled to report its Q4 2022 results on Tuesday, January 24. We expect the company to post revenue and earnings slightly above...
Technology2023-01-25 03:52:49
A prominent Austin startup that has garnered national attention for its 3D-printed homes said it has made a "small number" of layoffs. In recent years, the...
Business / FinanceBy Cna2023-01-25 15:55:44
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide Digital...
PoliticsBy Associated Press2023-01-24 21:48:45
REDMOND, Washington (AP) Microsoft on Tuesday reported a 12% drop in profit for the October-December quarter, reflecting the economic uncertainty it said led...
Business / FinanceBy Adrian Tan2023-01-24 22:00:00
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide SINGAPORE: In...
Business / FinanceBy Morwenna Coniam2023-01-23 21:47:26
Google said on Friday that it would cut about 12,000 jobs, becoming the latest tech giant to retrench after years of abundant growth and hiring.
Technology2023-01-24 22:24:58
Less than a week after Google announced it was slashing 12,000 workers, it laid out just how many would be cut in the Los Angeles area and statewide.
Business / FinanceBy Rtt News2023-01-24 11:00:22
(RTTNews) - 3M Co. (MMM) will host a conference call at 9:00 AM ET on January 24, 2023, to discuss Q4 22 earnings results. To access the live webcast, log on...
Business / Finance2023-01-24 13:27:01
Hanesbrands confirmed the layoffs but did not say how many local employees were affected.