Dow increases layoffs to more than 2,000 as demand for building materials remains weak
158d ago
Business
MarketWatch

Dow is deepening its workforce reduction, announcing the closure of three plants and the elimination of 800 additional jobs. This latest move brings the total number of layoffs to over 2,000, building upon the 1,500 job cuts revealed in January. The company cites persistently weak demand for building materials as the primary driver behind these cost-cutting measures. The closures and layoffs are expected to impact various sectors within Dow, reflecting the broader challenges facing the construction and manufacturing industries.