3M Forecasts $300 Million Restructuring Charge; 2,900 Jobs to Be Impacted

3M Forecasts $300 Million Restructuring Charge; 2,900 Jobs to Be Impacted

3M (NYSE: MMM) CEO Mike Roman continues to restructure the company with a view to turning around the company's performance, something that's a key part of the investment case for the stock. The latest actions, announced today, will lead to a restructuring which will, according to the company, "impact approximately 2,900 positions globally.