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VIENNA, AUSTRIAAT&S reported first-quarter sales fell 15.5% sequentially and nearly 28% year-over-year to $118.1 million.
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ST. PAUL, MN – 3M Corp. reported second-quarter net income dropped 17% from last year to $783 million on a decrease in demand from the manufacturing and transportation markets.
 
Revenue for the quarter fell 15% to $5.7 billion.
 
In April, the company offered early retirement to 3,600 nonunion employees. It also laid off 1,200 workers during the first quarter. 
 

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