2000 staff layoffs as part of a $1 billion cost-savings strategy – 27 Jan 2023

In keeping with its previously announced goal to save $1 billion in costs by 2023, Dow Inc. laid out several focused initiatives. The proactive measures will further optimize the company's cost structure in response to short-term macroeconomic volatility while retaining its long-term competitiveness across the economic cycle. Additionally, one of the cost-saving measures included 2000 staff layoffs.Click details for more.