3M Co at Goldman Sachs Industrials and Materials Conference Transcript
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Good to have you here today. Nick is going to kick it off with some opening comments, and then we'll get toâ¦
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Great. Thanks, everyone, for being here, and Joe, thanks for hosting us. I'd like to cover a few topics before we jump into the Q&A. And as a reminder, here is our forward-looking statement regarding this presentation.
So in first quarter, we faced some near term challenges -- challenging quarter and as we discussed in our first quarter earnings call, we're moving quickly to strengthen our performance and address the challenges that we're facing. And these are the actions that have been and are underway in 3M. First, we are reducing approximately 2,000 positions in our company through both voluntary and involuntary actions, and these reductions span all business groups, functions and geographies with an emphasis on
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