Dow cuts 1,500 jobs as it looks to save $1 billion amid market pressures
By Tanay Dhumal (Reuters) -Dow said on Thursday it will lay off 1,500 employees as part of its $1 billion cost savings plan ...
Bill McEwen3h
Stock Market Today: Meta Platforms Leads Most of Wall Street Higher
U.S. stocks rise as Meta leads gains, while investors digest mixed earnings reports and economic data. (AP/Seth Wenig) Meta Platforms rallies 4.4% after strong profit report and AI investment ...
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 margin pressures, causing its shares to drop 6.3% in morning trade.
Dow Inc (DOW) Receives a Hold from Alembic Global
Alembic Global analyst Hassan Ahmed maintained a Hold rating on Dow Inc (DOW – Research Report) today and set a price target of $50.00. The ...
MLive- Flint/Saginaw/Bay City on MSN4h
Dow announces 1,500 planned layoffs, Michigan impact unknown
Officials with Midland-based chemical company Dow have announced plans to reduce the company’s global workforce by about 1,500, or roughly 4%, but the local impact is unknown. Officials on Thursday ...
Dow To Cut About 1,500 Roles Globally Amid $1 Bln Cost Savings Actions
Dow Inc. (DOW) announced Thursday targeted proactive actions to deliver $1 billion in cost savings on an annual run-rate in response ...
Bill McEwen1d
Stock Market Today: Wall Street Steadies After Nvidia, Tech Sell-Off
Wall Street rebounds as tech stocks stabilize following AI-related sell-off, with mixed results in other sectors.