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Dow to cut 1,500 jobs

Dow to cut 1,500 jobs as it struggles to restore profitability. Stock slides to four-year low

Dow Inc.’s stock shed early gains to trade down 6% Thursday, after the material-sciences company latest earnings miss and news it’s cutting 1,500 jobs as part of a cost-reduction program aiming to save $1 billion in savings.

Reuters · 11h

Dow cuts 1,500 jobs as it looks to save $1 bln amid market pressures

Dow said on Thursday it will lay off 1,500 employees as part of its $1 billion cost savings plan due to lackluster demand and margin pressures, causing its shares to drop 6.3% in morning trade.

ABC12 · 15h

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.

invezz on MSN · 8h

Dow to lay off 1,500 employees as part of $1 billion cost-cutting plan

Michigan-based company Dow Inc. announced Thursday that it would lay off 1,500 employees as part of a $1 billion cost-cutting initiative, citing sluggish demand and margin pressures. The announcement sent Dow’s shares tumbling 6.

Hosted on MSN · 15h

Dow to cut 1,500 jobs as part of $1 billion cost-saving plan after Q4 miss

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.

Hosted on MSN5h

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Novo Nordisk Vaults Above LVMH as Europe’s Biggest Company

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55m

News Highlights: Top Company News of the Day - Thursday at 9 PM ET

Apple iPhone Sales Shrink Slightly as Investors Await AI Payoff The company has heavily advertised AI features since the latest iPhones were released in September. Amazon Raises Its Ad Spending on ...

NASDAQ Index, SP500, Dow Jones Forecasts – Dow Jones Gains Ground As IBM Soars 12.2%

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Dow to cut 1,500 jobs

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