3M Co. will pursue a sweeping restructuring plan that will affect 6,000 positions globally. The Minnesota-based maker of Scotch tape and Post-it Notes said the move will affect all parts of the ...

3M announced it is reducing the size of the company by cutting 6,000 jobs worldwide, in addition to the 2,500 manufacturing jobs that were cut in January, according to its 2023 first-quarter report.

Twin Cities-based 3M announced significant layoffs Tuesday as part of yet another major restructuring plan as the manufacturing sector prepares for a possible recession and slumping demand for goods.

3M said it would cut 6,000 jobs, in addition to the 2,500 layoffs announced in January. The company expects to save $700 million before taxes. 3M Co. announced Tuesday that the company plans to cut an ...