Minnesota
Related: About this forumBig layoffs coming at 3M
6k in the office and 2.5k in manufacturing.
This from a friend who works there. Just ahead of quarterly earnings report.
Stargazer99
(3,104 posts)so many workers...some one needs to check into what they are up to, not only this business but many major businesses..something is afoot
jimfields33
(19,382 posts)It seems tech is the main group right now. A lot probably was due to excess hiring during Covid and now they are cutting back on that.
Quakerfriend
(5,688 posts)Could it be that they are anticipating an ~~15% corporate minimum tax in the near future should Biden win reelection??
louis-t
(23,901 posts)The big economic gurus are all saying the economy is in for a recession, home prices are going to collapse. I hear people repeating this every day. They are laying off people "in anticipation" of economic disaster. They are trying to create a situation where the economy DOES collapse. The people with the most money would LOVE for the economy to collapse. That way they can buy another 2 million single family residences at 25 cents on the dollar. As long as people have money in their pockets and are spending it, the economy won't collapse. When big business starts laying people off to increase their profits, the slide will begin. Again.