Thread regarding 3M layoffs

Severance Package Agreement?

For those who have been terminated during these fragmented and opaque layoffs, have you had to sign a waiver of some sort in order to receive the severance package? It seems the Federal law (OWBPA and ADEA) is relevant for layoffs for anyone over 40, and what I have heard (2nd and 3rd hand) looks like people have not had more than 15 days to decide.

"These employees must be given 45 days to consider signing the agreement. In addition, these employees must be provided with a tally of the employees (e.g., job titles or position categories) who were terminated, a tally of the employees who were not terminated, the ages of the employees who were terminated, and the ages of the employees who were retained."

I am not a labor law expert by any stretch of the imagination, so am reaching out to better prepared for the very real possibility that my job could also be on the chopping block in the future.

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| 2502 views | | 4 replies (last April 4, 2023) | Reply
Post ID: @OP+1lGrK0cP

4 replies (most recent on top)

Yes, there’s a waiver and the list you mention of every employee anonymously by age, gender, pay grade & title - easy to figure out who’s who in a department & how much they make.

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Post ID: @ineg+1lGrK0cP

Any newbie have success negotiating higher severance based on time to hire at 3M being greater than the severance package? UHC lost this battle years ago. Just saying, if it takes 4 months to hire, it's easier to reference MN court precedence to ask for a comparable package. Employment lawyers can't post here, but they can be recommended here. Please share.

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Post ID: @3xvi+1lGrK0cP

I would hire an employment attorney to help work through this - I did and it gave me confidence in my decisions.

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Post ID: @idg+1lGrK0cP

To get my severance package, I had to sign a document saying I couldn't post anything bad or untrue or confidential about 3M on https://www.thelayoff.com/a-3m

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Post ID: @xvf+1lGrK0cP

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