Web Blog for anything related to Union Labor

3M offers buy outs to senior workers – 04/13/09

Posted on April 10, 2009 | in Labor News | by

3M company is offering early retirement buyouts to 3,600 nonunion workers. The company made the announcement on Thursday, a week after it announced plans to cut 1,200 jobs. The offer is being made to workers the age of 55 or more with 30 years at the company and to workers who are 59 with at least five years with the company. Workers who accept the offer will have a year of service added to their record when it comes time to calculate pension benefits.

Leave a Reply

Categories

TITLE

Tags

Recent Posts

Default utility Image Mourn for the Dead, Fight Like Hell for the Living Today is Workers Memorial Day, a day we come together to remember working people who died...
Default utility Image Shame on Verizon: Winners and Losers of the Week Each week, we take a look at the biggest friends and foes of labor. We...
Default utility Image Shame on Verizon: Winners and Losers of the Week Each week, we take a look at the biggest friends and foes of labor. We...
Default utility Image The Working People Weekly List Every week, we’ll be bringing you a roundup of the important news and commentary about...
Default utility Image Prince Was a Champion for Working People The world lost a musical icon yesterday. You’ll read about his impact as a musician...

Recent Posts

Default utility Image Default utility Image Default utility Image Default utility Image Default utility Image

Recent Posts

Default utility Image Mourn for the Dead, Fight Like Hell for the Living Today is Workers Memorial Day, a day we come together to remember working people who died...
Default utility Image Shame on Verizon: Winners and Losers of the Week Each week, we take a look at the biggest friends and foes of labor. We...
Default utility Image Shame on Verizon: Winners and Losers of the Week Each week, we take a look at the biggest friends and foes of labor. We...
Default utility Image The Working People Weekly List Every week, we’ll be bringing you a roundup of the important news and commentary about...
Default utility Image Prince Was a Champion for Working People The world lost a musical icon yesterday. You’ll read about his impact as a musician...

Tag Cloud