Browsing Tag
Jim Fitterling
6 posts
Dow is cutting 13% of its workforce, so can Karen Carter rescue the chemicals giant?
Karen Carter becomes Dow chief executive on July 1 with responsibility for 4,500 job cuts, European plant closures and an AI-led operating reset as weak prices and industrial oversupply punish earnings.
Why Dow is cutting 4,500 jobs before Karen Carter becomes CEO
Dow has started notifying employees about job losses under its Transform to Outperform restructuring, placing workforce productivity, automation and margin recovery at the centre of Karen Carter’s leadership mandate.
Why is Dow (NYSE: DOW) laying off 4,500 employees—and can it turn things around?
Dow targets $2B EBITDA uplift with new transformation plan after $1.5B Q4 loss. Find out what this means for investors, jobs, and the chemicals industry.
Dow’s Texas plant disaster forces $500m revenue slash; Market confidence plummets
Dow Inc. has stunned investors by slashing its third-quarter 2024 revenue forecast by a staggering $500 million due…
Dow Chemical to build net-zero emissions ethylene complex in Alberta
Dow Chemical Company said that it will build a net-zero carbon emissions integrated ethylene cracker and derivatives complex…
Dow to divest its acetone derivatives business to Altivia
US commodity chemical company Dow has agreed to sell its acetone derivatives business to Altivia Ketones & Additives,…