Newz Via
HomebusinessLiveMint-Business

Business News | Dow layoffs: Chemicals maker to slash 4,500 jobs amid sluggish demand — here's what we know

Author

By LiveMint-Business

Dow layoffs: Chemicals maker to slash 4,500 jobs amid sluggish demand — here's what we know
Representative Image • Source: LiveMint-Business
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.

More from Categories

Business

View All

Technology

View All

Sports

View All