Dow to Slash 2,000 Jobs as Part of $1 Billion Cost-Savings Plan

Dow to Slash 2,000 Jobs as Part of $1 Billion Cost-Savings Plan
The Dow Chemical headquarters in Midland, Michigan, on Dec. 10, 2015. Bill Pugliano/Getty Images
Lorenz Duchamps
Updated:
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Dow Inc., a Michigan-based material science company, announced today that approximately 2,000 jobs will be cut globally as part of the corporation’s goal to save $1 billion this year.
In a press release, Dow outlined a series of targeted actions to reduce spending through structural improvements and operating expenses, which the company expects to realize in 2023.
Lorenz Duchamps
Lorenz Duchamps
Author
Lorenz Duchamps is a news writer for NTD, The Epoch Times’ sister media, focusing primarily on the United States, world, and entertainment news.
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