America’s Favorite Company Cuts Jobs
Things just keep getting worse for the middle class.
Popular American company 3M will now start eliminating jobs in order to save more money due to a slowing economy. Welcome to President Biden’s America.
According to Fox News, these new details were discovered via 3M’s internal communication and originally leaked by Bloomberg.
It is currently unknown just how many jobs 3M plans to cut however it will likely be very many.
At the end of 2021, 3M employed a whopping 95,000 employees. 3M’s Management was also forced to cut their entire year’s sales and profit outlook.
Furthermore, things could get much worse for 3M because they are still dealing with a major lawsuit that could result in billions of dollars lost due to faulty combat earplugs sold to the US military.
President Biden’s economy is already in bad shape, a major U.S. company firing thousands of workers could spell serious trouble for the economy.