Dow to cut 1,500 jobs

Dow to cut 1,500 jobs as it struggles to get back to profitability
Dow Inc.’s stock rose 2% early Thursday, after the material-sciences company said it’s cutting 1,500 jobs as part of a cost-reduction program aiming to save $1 billion in savings.
Dow planning 1,500 job cuts as part of $1 billion in cost cuts
Midland-based Dow is eliminating 1,500 jobs around the world as part of a plan to cut $1 billion worth of spending.
Dow to Cut 1,500 Jobs as Part of $1 Billion Cost-Saving Plan After Q4 Miss
(Reuters) - Dow missed fourth-quarter profit estimates on Thursday, and said it will lay off 1,500 employees as a part of its $1 billion cost savings plan, as the chemical firm grapples with lackluster demand. Shares were down 2.9% to $39.87 in volatile premarket trade.
Dow cutting 1,500 jobs in $1B cost reduction plan
The job cuts and cost reduction will be "very targeted at lower margin regions," Dow CFO Jeff Tate said. When asked if that included high-cost operations in Europe, Tate replied "that's a fair assumption.
Dow To Cut About 1,500 Roles Globally Amid $1 Bln Cost Savings Actions
Dow Inc. (DOW) announced Thursday targeted proactive actions to deliver $1 billion in cost savings on an annual run-rate in response
Dow to cut 1,500 roles globally to trim $1B in costs
Dow (NYSE:DOW) on Thursday announced targeted actions to trim costs in response to the ongoing macroeconomic weakness. The announcement was made in conjunction with the company’s fourth quarter financial report that missed Wall Street projects.

Stock Market Today: Dow Jones Falls

Q4, Dow Inc

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Dow announces 1,500 planned layoffs, Michigan impact unknown
Officials with Midland-based chemical company Dow have announced plans to reduce the company’s global workforce by about 1,500, or about 4%, but the local impact is unknown.
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Dow misses fourth quarter profit estimates, to lay off 1,500 employees
Chemical firm Dow missed fourth-quarter profit estimates on Thursday, and said it will lay off 1,500 employees globally.
Dow Chemical Company2h
Dow announces targeted actions to deliver $1B in cost savings
MIDLAND, Mich., Jan. 30, 2025 -- Dow Inc. (NYSE: DOW) today announced targeted actions to deliver $1 billion in cost savings.
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