Thursday, April 9, 2009

3M Cutting Workforce

From Bloomberg:

3M Co. said it will offer 3,600 employees early retirement.

3M spokeswoman Jacqueline Berry spoke today in a telephone interview.


I always liked 3M. While they are not the most exciting company, there was just something about post-it notes that deserves recognition. Seriously -- they have a really good product line that is somewhat recession resistant. So, when they start to talk about lay-offs, it's time to listen.