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Dow Chemical Company
Dow Chemical plans 2,400 job cuts
Dow Chemical on Wednesday reported a sharp drop in third quarter profits, hours after saying it planned to cut five percent of its global workforce, or 2,400 employees, and close 20 plants. The company reported quarterly profits of $497 million compared to $815 million the previous year, a 39-percent drop. Dow said Tuesday it aimed … Continue reading
Dow shutters plants on 3 continents, cuts 900 jobs, in response to economic woes in Europe | CanadianBusiness.com
Dow Chemical will cut 900 jobs and shutter plants on three continents because of weakness in Europe, which may soon tip back into recession of it has not done so already. Dow was ravaged during the global and economic crisis that struck four years ago, cutting more than 10,000 positions then. CEO Andrew Liveris has … Continue reading
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