3M Co. (MMM) Reports Q1, Announces Restructuring Actions, to Cut Additional 6,000 Staff

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Go back to 3M Co. (MMM) Reports Q1, Announces Restructuring Actions, to Cut Additional 6,000 Staff

3M Reports First-Quarter 2023 Results; Company Announces Restructuring Actions

April 25, 2023 6:30 AM EDT

ST. PAUL, Minn., April 25, 2023 /PRNewswire/ -- 3M (NYSE: MMM) today reported first-quarter 2023 results.

"In the first quarter we continued our relentless focus on serving customers and aggressively managed costs," said 3M chairman and CEO Mike Roman. "Market trends were as we expected, and we made changes to improve our operations and position us for success as supply chains improve."

"To... More