US EditionDow to Cut About 4,500 Jobs as Emphasis Shifts to AI and Automation
Dow will cut 12% of its global workforce, aiming for $2 billion in EBITDA improvement by 2028 through AI and automation under its Transform to Outperform plan.
- On January 29, 2026, Dow Inc., Midland, Michigan-based chemicals maker, said it will cut approximately 4,500 jobs as it shifts focus to AI and automation.
- As part of its Transform to Outperform plan, Dow will simplify operations and incorporate AI and automation, the company said.
- Dow told the Associated Press that it anticipates $600 million to $800 million in severance and $500 million to $700 million in other one-time costs for cuts affecting roughly 12% of its 34,600 employees.
- Shares of Dow Inc. fell 2% before the market opened, joining this week's wave of layoffs announced by companies like Amazon and UPS.
- Looking to investors, Dow says it projects to add at least $2 billion in near-term operational earnings, with Karen S. Carter, Dow's chief operating officer, saying `the goal of Transform to Outperform is to achieve significant growth and productivity gains`.
71 Articles
71 Articles
U.S. chemicals giant Dow to cut 4,500 jobs in shift toward AI, automation
NEW YORK, Jan. 29 (Xinhua) -- U.S. chemicals giant Dow announced Thursday that it plans to cut around 4,500 jobs as part of a major restructuring effort to shift its emphasis toward artificial intelligence and automation. Read full story
The world’s largest chemical company said it expects to invest in artificial intelligence and automation
Dow To Cut 4,500 Jobs
Chemical giant Down Inc. has announced that it will eliminate 4,500 jobs as part of a sweeping cost-saving initiative designed to boost productivity and improve shareholder returns. The Midland, Mich.-based firm says that it plans to leverage artificial intelligence (AI) to streamline operations and achieve significant efficiencies. Company officials also said that Dow anticipates paying about US$600 million to US$800 million in one-time severan…
Coverage Details
Bias Distribution
- 78% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
