Thread regarding 3M layoffs

3M Job Cuts - June and July 2016

Post all updates about ongoing layoffs in this thread

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| 2362 views | | 1 reply (June 23, 2016) | Reply
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Will be announced in due time , after q2 results are out. 3m has been shrinking in revenues for a while now partly because of foreign currency headwinds and also because of little to no organic growth. The only reason it has been able to beat EPS nos are because of mammoth share buyback which seems to be in vogue these days.

Organic growth has been negative for a year now for EE business and except more bloodbath in the coming months

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