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.
Dow cuts 1,500 jobs as it looks to save $1 billion amid market pressures
By Tanay Dhumal (Reuters) -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.
Michigan-based Dow posts Q4 loss, says it's cutting 1,500 jobs
The materials science company said the reductions are part of a plan to cut $1 billion in costs, citing “persistently weak macroeconomic conditions.”
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 roles globally to trim $1B in costs
Dow ( DOW) will record a charge of $250M to $325M in the first quarter of 2025 for costs associated with these activities, which primarily include severance and related benefit costs, and the costs to implement these actions will be expensed as incurred ranging from $20M to $30M.
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.
Dow Is Up 200 Points in Afternoon Trading
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Material sciences company Dow posts Q4 loss, says it’s cutting 1,500 jobs, 4% of workforce
Dow Inc.’s fourth-quarter profits came in well below Wall Street expectations and the material sciences company said Thursday that it is slashing 1,500 jobs globally in an effort to cut costs as sales ...
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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.
Dow (DOW) Q4 2024 Earnings Call Transcript
Greetings, and welcome to the Dow fourth quarter 2024 earnings conference call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal ...