Stay Curious. Stay Connected.
MailNewsletters♡Donate Now
Sign up
*Password must be at least 8 characters and contain one uppercase letter, one lowercase letter, one number and one symbol.
Already have an account?
By submitting, you consent that you are at least 18 years of age and to receive information about MPR's or APMG entities' programs and offerings. The personally identifying information you provide will not be sold, shared, or used for purposes other than to communicate with you about MPR, APMG entities, and its sponsors. You may opt-out at any time clicking the unsubscribe link at the bottom of any email communication. View our Privacy Policy.
Sign in to your profile
Forgot Password?
New to MPR News?
Welcome back
to news
for you
Reset Password

Enter the username on file and we'll send you a code to reset your password.

Still require assistance or not sure what your User Name is?
Welcome back
to news
for you
Email Verification

A verification code has been emailed to

Still awaiting the code?
Maplewood, Minn.

3M offers buyouts to 3,600 US employees

Go Deeper.

Create an account or log in to save stories.

Log inCreate a free Account

Like this?

Thanks for liking this story! We have added it to a list of your favorite stories.

Show me!

[image]

(AP) - 3M Co. is offering early retirement packages to 3,600 employees in the U.S. as the maker of Post-it Notes and Scotch tape tries to cut costs amid the economic downturn.

3M isn't saying if it has a target number of employees it hopes will take the package. The number of employees being offered buyouts is abou t 11 percent of 3M's 33,600 U.S. employees.

Employees receiving offers are nonunion. Eligible 3M employees are receiving details of the packages Thursday and will have until May 31 to make a decision.

The early retirement program follows a wave of layoffs at 3M in recent months, including 2,400 jobs cut late last year, and another 1,200 in the first three months of 2009. Those included a mix of international and U.S. jobs.

---

Information from: St. Paul Pioneer Press, http://www.twincities.com

(Copyright 2009 by The Associated Press. All Rights Reserved.)