JANUARY 31, 2026 — 4,500 POSITIONS TARGETED
Karen S. Carter, Chief Operating Officer in the SEC Q4 filing…
Next, I'll share a few examples of the early opportunities that we have already identified and are taking action on. First, as part of our commitment to operational excellence, we will simplify Dow's operating model. We do anticipate this will include a global Dow workforce reduction of 4,500 roles. It will also result in a reduction of third-party roles and resources.
As the way we work evolves, so will our expectations for where and how work gets done. This will allow us to speed up decision-making and put the right roles in the right areas of the company to better align with the changing market landscape and with where our customers are investing. We will also adopt new ways of working. This includes streamlining all of our end-to-end work processes by leveraging the power of automation and AI, which we expect will result in lower cost and improved efficiency across the entire organization.
We will modernize the way in which we grow with our customers through our industry-leading innovation capabilities and deeper insights into customer and end market needs. Finally, we will fundamentally reset our cost structure. This work will result in a renewed focus on improved raw material sourcing and logistics to drive further efficiencies.
These are just a few examples of how Transform to Outperform will deliver step change improvements in both growth and productivity. We're committed to providing you with updates every quarter as the work and value delivery progresses. And we are confident that these efforts will create a Dow that raises the competitive benchmark, is more resilient across the cycle and consistently delivers growth, customer success and shareholder value.
FEBRUARY 17, 2025 —1,500 POSITIONS
Dow Chemical recently announced plans to lay off approximately 1,500 jobs globally as a component of a significant $1 billion cost-cutting plan. This strategic move represents about 4% of Dow's overall workforce and is aimed at improving operational efficiency amid shifting market conditions.
FEBRUARY 9, 2023 — Original post…
Midland, Michigan-based Dow Chemical Company, the multinational manufacturer of plastics, chemicals, and agricultural products, is implementing a cost-cutting initiative that will reduce its global workforce by five percent.
Approximately 2,000 employees face layoffs.
Chairman and CEO Jim Fitterling noted, "In the fourth quarter, Team Dow continued to proactively navigate slowing global growth, challenging energy markets, and destocking. In response, we shifted our focus to cash generation in the quarter as we lowered operating rates, implemented cost-savings measures, and prioritized higher-value products where demand remained resilient."
Dow is shutting down certain facilities and is reducing purchases of raw materials, seeking to cut logistics and utility costs.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?