Dow is planning to cut approximately 4,500 jobs as the chemicals maker puts more emphasis on using artificial intelligence ...
Dow's announcement comes after several other large corporations, from Amazon to UPS, said they plan to cut jobs.
The announcement comes as the Midland-based chemical company looks to further streamline its operations and increase ...
Thursday, Dow reported a fourth-quarter per-share loss of 34 cents from sales of $9.5 billion. Wall Street was looking for a ...
The "Transform to Outperform" program is expected to provide at least a $2 billion boost in near-term operating earnings ...
Dow eliminates 4,500 jobs using AI technology to streamline operations and boost productivity in major restructuring ...
The job cuts come as the company streamlines work processes by using automation and AI to lower costs and improve efficiency.
Dow is slashing thousands of jobs, becoming the latest company this week to announce a reduction in its labor force.
As part of a cost-saving program, the chemicals giant will lean on artificial intelligence to increase productivity.
Dow Chemical is a major employer in Freeport. It was established in 1940 and spans more than 7,000 acres.
Dow's Transform to Outperform plan hopes that AI and automation will boost profitability by at least $2 billion, but the ...
Follow along for live updates on markets and the top finance, economics and business stories. Plus the latest on the Dow, S&P 500 and Nasdaq.