Material sciences company Dow posts Q4 loss, says it's cutting 1,500 jobs, 4% of workforce
Dow Inc.'s fourth-quarter profits came in well below Wall Street expectations and the material sciences company said Thursday that it is slashing 1,500 jobs globally in an effort to cut costs as sales stagnate.
Dow Inc. Q4: Earnings Miss, Packaging Segment Struggles, Job Cuts And More
Dow Inc reports Q4 results, cost-saving targets. Sales decline with weak demand in Plastics, but volume increases. Operating EBIT down, adjusted EPS misses estimates. CEO confident in future growth and operational discipline.
Dow cutting 1,500 jobs to cut costs
MIDLAND, Mich. (WNEM) - Dow Inc. announced it is cutting 1,500 jobs globally in an effort to cut costs. The company made the announcement on Thursday, Jan. 30.
Dow cutting 1,500 jobs in $1B cost reduction plan
The job cuts and cost reduction will be "very targeted at lower margin regions," Dow CFO Jeff Tate said. When asked if that included high-cost operations in Europe, Tate replied "that's a fair assumption.
Dow planning 1,500 job cuts as part of $1 billion in cost cuts
Midland-based Dow is eliminating 1,500 jobs around the world as part of a plan to cut $1 billion worth of spending.
Dow to cut 1,500 jobs as it struggles to restore profitability. Stock slides to four-year low
Dow Inc.’s stock shed early gains to trade down 6% Thursday, after the material-sciences company latest earnings miss and news it’s cutting 1,500 jobs as part of a cost-reduction program aiming to save $1 billion in savings.
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.
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Dow announces targeted actions to deliver $1B in cost savings
MIDLAND, Mich., Jan. 30, 2025 -- Dow Inc. (NYSE: DOW) today announced targeted actions to deliver $1 billion in cost savings.
Dow Inc. reports Q4 operating EPS 0c, consensus 24c
Reports Q4 revenue $10.41B, consensus $10.53B. Both earnings per share and operating earnings per share include higher-than-expected non-cash ...
Dow announces $1 billion cost reduction plan
MIDLAND, Mich. - Dow Inc. (NYSE: NYSE:DOW), a global materials science company with a market capitalization of $28.84 billion, has disclosed a series of measures aimed at achieving $1 billion in cost ...
Dow Inc. stock underperforms Tuesday when compared to competitors
Dow Inc. closed 31.75% short of its 52-week high of $60.69, which the company achieved on April 4th.
Dow Inc. announces actions to deliver $1B in cost savings, workforce reductions
Dow Inc. (DOW) announced targeted actions to deliver $1B in cost savings. The proactive actions will further reduce the company’s costs in ...
Dow Is Up 200 Points in Afternoon Trading
The stock market was making another push higher around 1:30 p.m. ET after the major indexes relinquished earlier gains. The Dow was up 213 points, or 0.5%. It would be up even more if not for ...
Dow Inc. stock outperforms competitors on strong trading day
Shares of Dow Inc. DOW advanced 1.33% to $41.92 Monday, on what proved to be an all-around mixed trading session for the ...
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 ...