Thread regarding 3M layoffs

Q2 Report

As I read it, Q2 was strong. However, travel still restricted, rumblings about layoffs are still loud. What is going on?


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Post ID: @OP+1kyannqjb

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The smoke and mirrors portion of the dog and pony show.

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Post ID: @m8+1kyannqjb

@aq Fixed it for you:
BB is cutting ahead of the curve. Factories are reporting a drop in volumes after a surge of orders in Q2 due to shenanigans to pull revenue forward. They are back into cost control mode because they know its all a manufactured mirage.

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Post ID: @kf+1kyannqjb

BB is cutting ahead of the curve. Factories are reporting a drop in volumes after a surge of orders in Q2 due to price. They are back into cost control mode.

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Post ID: @aq+1kyannqjb

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