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3M offers early retirement deal, expects 1,000 employees to opt in

About 4,900 workers will qualify for the early-retirement incentives, according to the Pioneer Press. The company says it wants to lower costs and conserve cash.
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About 4,900 workers will qualify for the early-retirement incentives, according to the Pioneer Press. The company says it wants to lower costs and conserve cash.

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The Pioneer Press reports about 600 workers will participate in the incentive program. The Maplewood-based company offered the retirement package to about 4,900 employees in December and expected about 1,000 people to opt in. A spokeswoman told the newspaper, 3M didn't need a specific number of workers to accept the offer.

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