layoffs Archives - Page 2 of 2

3M to Cut 1,500 Jobs as Part of ‘Transformation Journey’

3M reported sales declined nearly two percent last year.

January 28, 2020

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MAPLEWOOD, Minn.–Minnesota-based 3M is eliminating 1,500 jobs in what it says is the next step in its “transformation journey.” The company says it is restructuring as it moves to a new global operating model and streamlined organizational structure. 3M took a pre-tax restructuring charge of 134 million dollars in the fourth quarter of 2019. The company expects eliminating the positions…

Best Buy Geek Squad Cutting Jobs

The Geek Squad is responsible for in-home product installations and repairs for appliances and electronics

July 31, 2017

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NATIONAL — Nearly 400 Best Buy Geeks will be losing their jobs in the squad. The company announced it is laying off 399 Geek Squad employees from across the country. The Geek Squad is responsible for in-home product installations and repairs for appliances and electronics. Best Buy officials say the layoffs will begin in September. If those affected choose…

North Dakota to Pay $3 Million for Voluntary Buyouts

Gov. Burgum said the buyouts might limit the need for layoffs

June 21, 2017

TJ Nelson,

BISMARCK, ND — North Dakota will pay about $3 million to 158 employees approved for voluntary buyouts. In April, Gov. Burgum gave 17 agency heads the option to offer buyouts to employees. He said the buyouts might limit the need for layoffs. At least 200 people applied for the buyouts, but it was up to the agencies to determine…

ND Government Employees Willing to Take Voluntary Buyouts

Agencies told employees the buyouts might limit the need for layoffs

May 18, 2017

TJ Nelson,

BISMARCK, ND — About 100 employees from cabinet-level agencies in North Dakota state government have expressed interest in taking voluntary buyouts to help with the state’s struggling finances. Gov. Burgum gave agency heads in April the option to offer buyouts to employees and letters went out to some 3,600 with the offer. Agencies told employees the buyouts might limit…

Walmart to Eliminate 1,000 More Jobs

This adds to the 7,000 jobs Walmart cut back in September of 2016

January 11, 2017

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Walmart announces another round of job cuts. The retailer is getting ready to eliminate another 1,000 jobs before the end of this month. The cuts will mostly come from its corporate headquarters in Arkansas, although corporate officials would not confirm it would happen. Officials did say the company is always looking for “ways to operate more efficiently”. This comes on the…