Dow is planning to cut approximately 4,500 jobs as the chemicals maker puts more emphasis on using artificial intelligence ...
Thursday, Dow reported a fourth-quarter per-share loss of 34 cents from sales of $9.5 billion. Wall Street was looking for a ...
Major equities indexes declined Thursday, a day after the Federal Reserve held interest rates steady, as investors mulled a ...
Dow's announcement comes after several other large corporations, from Amazon to UPS, said they plan to cut jobs.
The company said the move will save $2 billion or more as it leans more heavily on AI and automation to get things done ...
Jan 29 (Reuters) - Dow will slash about 4,500 jobs, or 13% of its total workforce, under a sweeping restructuring aimed at ...
Dow is slashing thousands of jobs, becoming the latest company this week to announce a reduction in its labor force.
As part of a cost-saving program, the chemicals giant will lean on artificial intelligence to increase productivity.
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Dow, S&P 500, and Nasdaq futures are rising in premarket trading as the stock market digests Big Tech earnings.
"The goal of Transform to Outperform is to achieve significant growth and productivity gains that elevate Dow's competitive position," said Karen S. Carter, Dow's chief operating officer. "We are ...
Dow Jones, S&P 500 open higher, Nasdaq drops at US market open after Federal Reserve holds key interest rates steady ...