3M, which operates a plant in Pittsboro, announced significant layoffs Tuesday as part of yet another major restructuring plan as the manufacturing sector prepares for a possible recession and slumping demand for goods.
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It’s not just the tech sector that’s experiencing layoffs and job cuts, though there are more than 57,400 tech sector job cuts so far in 2023.
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3M, the conglomerate behind Post-It notes and Scotch tape, will stop making controversial per- and polyfluoroalkyl substances (PFAS) by the end of 2025.
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3M, maker of Post-Its and industrial materials, is cutting about 3% of its global workforce, amounting to roughly 2,900 jobs, as the company continues its restructuring plan.
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