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3M to Cut 1500 Jobs, Lowers 2015 Forecast

3M to Cut 1500 Jobs, Lowers 2015 Forecast

3M Co. cut a gain foresee for a year and announced skeleton to discharge about 1,500 jobs, or 1.7% of a company’s total, amid indolent sales of electronic, energy-related and industrial products.

The St. Paul, Minn.-based builder of adhesives, abrasives and films, whose best-known products embody Scotch fasten and Post-it notes, pronounced Thursday that distinction edged down 0.5% and sales fell 5.2% in a third entertain as a stronger dollar cut a value of abroad receipts. Excluding a effects of currencies and recent…

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