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3M restructured its organization to cut 2,900 employees worldwide.

3M, the world’s largest producer of post-it and materials. Announces corporate restructuring, reducing 2,900 jobs worldwide, accounting for 3% of the total workforce. To accommodate the changes and impacts of the COVID-19 epidemic

On Thursday (Dec. 3), 3M CEO Mike Roman released a statement: “The spread of the COVID-19 virus. Make companies All over the world have to adapt quickly. To be prepared for opportunities after the market recovery “

3M predicts that this reorganization will save the most cost of US $ 300 million, or about 10 billion baht.

Although some products are in great demand Take, for example, the N95 mask, but from the company’s wide range of products Including office and factory equipment Causing overall sales to decline Especially in the second quarter, which decreased 12.2% compared to the same period last year. After this, the company will focus on and invest in a market with high growth opportunities like More healthcare and e-commerce devices

The origin CNN, BizJournals

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