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 ...
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 ...
Layoffs, closures announced by Dow, Orbis, Greif in January
Packaging Corporation of America and RR Donnelley also gave notice of upcoming packaging-related closures and layoffs.
Why DOW Is Slumping Today
Chemical maker Dow (DOW) is retreating 6% after the company reported weaker-than-expected fourth-quarter financial results ...
Dow Shares Slide on 4Q Misses, Layoff Plans
The company's fourth-quarter loss narrowed to $53 million, or 8 cents a share, from a loss of $105 million, or 15 cents a share, while operating earnings, an adjusted figure, came to zero a share.
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German Jobless Rate Rises as Manufacturing Layoffs Gather Steam -- Update
Workers in Germany's manufacturing sector, where output is a long way from its prepandemic peak, appear to be bearing the brunt. Major industrial firms such as Thyssenkrupp and Bosch have said in ...
Dow misses fourth quarter profit estimates, to lay off 1,500 employees
Chemical firm Dow missed fourth-quarter profit estimates on Thursday, and said it will lay off 1,500 employees globally. The chemical industry has been struggling with weak demand recovery, especially ...
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 ...