Dow layoffs: Chemicals maker to slash 4,500 jobs amid sluggish demand — here's what we know
Dow plans to cut 4,500 jobs, about 13% of its workforce, to enhance profitability by $2 billion, while projecting lower first-quarter revenue. Shares fell 3% as global chemical firms reassess strategies amid weak demand and rising costs.
Dow plans to cut 4,500 jobs, about 13% of its workforce, to enhance profitability by $2 billion, while projecting lower first-quarter revenue. Shares fell 3% as global chemical firms reassess strategies amid weak demand and rising costs.
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