3M wants to give up 1 out of 2 buildings in Neuss, Germany. Next to offices, the building contains the canteen, child care and gym. After they refurnished the offices in the pandemic - making a cube farm out of the whole building - not many people returned to these offices. As they realized that real refurbishment is needed in future, they started looking for an investor. Now, the plan is to rent offices in the surrounding and to bisect the site (both buildings need to serve Spinco and Remainco as both buildings have different functions). Giving up real estate instead of investing in it. Sad times.
Simultaneously reducing the location size and loosing the networking momentum which used to be special there. Plus taking the last reasons away not to work 100% remotely. Probably that is the plan, so that they need no buildings at all anymore. Unfortunate for the technical folks as they will also loose the location benefits, but still need to go there. At least until the next restructuring ...