NYSE:DOWChemicals
Dow Resets Cost Base With Transform To Outperform Overhaul
Dow (NYSE:DOW) has launched its "Transform to Outperform" plan, a broad restructuring of its operations.
The company plans to cut about 4,500 jobs, or roughly 12% of its workforce, as part of a wider efficiency push.
The initiative increases Dow's focus on artificial intelligence and automation to simplify processes and raise productivity.
The transformation is designed to streamline the business and adjust its cost base, with implications for employees and long term competitiveness.
Dow is...