Dow Inc. Announces Job Cuts Amid Restructuring Efforts
SOURCENews reportView the filing ↗
What we know
Location: Midland, Michigan, USA.
Based on news reporting.
Summary
Dow Inc. has announced the layoff of approximately 2,000 employees as part of its restructuring efforts aimed at improving operational efficiency. The layoffs are set to take effect on January 15, 2023, impacting various departments within the company. This decision comes in response to ongoing challenges in the market and aims to streamline operations to better position the company for future growth. Dow's leadership has indicated that these cuts are necessary to adapt to changing economic conditions and to enhance the company's competitiveness in the industry.
Dow Inc. cut 2,000 jobs in MI as of January 15, 2023.
That is roughly 5.6% of the 35,900 people Dow Inc. employs.
LayoffTalk has tracked 11 layoff events at Dow Inc. since January 2023, with 11 additional events known from news reporting.
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