Tag Archives: Jobs

3M cutting thousands of jobs, profits tumble

 Former Reagan economist Art Laffer gives his take on former President Trump’s tax cuts on ‘Kudlow. Multinational conglomerate 3M will cut 2,500 global manufacturing roles after fourth-quarter profits plummeted due to a slowing economy.  Mike Roman, chairman and CEO of 3M, said in a release, “In a year impacted by …

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3M to Cut Jobs as Demand for Its Products Weakens

3M Co. said it is cutting 2,500 manufacturing jobs globally as the company confronts turbulence in overseas markets and weakening consumer demand. The maker of Scotch tape, Post-it Notes and thousands of other industrial and consumer products said Tuesday that it expects lower sales and profit in 2023 after demand …

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How AI Can Automate Pick & Place Jobs

It is hard to deny that AI is already considered superior to humans in numerous ways; it is strong, fast, almost error-free, and does not require rest breaks. This superiority is especially important when work operations need to be reliably carried out on a continuous basis at a consistent quality …

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