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Dow to cut 1,500 jobs

Dow to cut 1,500 jobs as it struggles to get back to profitability

Dow Inc.’s stock rose 2% early Thursday, after the material-sciences company said it’s cutting 1,500 jobs as part of a cost-reduction program aiming to save $1 billion in savings.

The Associated Press on MSN · 2h

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.

ABC12 · 7h

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.

Reuters · 3h

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.

Seeking Alpha on MSN · 7h

Dow to cut 1,500 roles globally to trim $1B in costs

Dow ( DOW) will record a charge of $250M to $325M in the first quarter of 2025 for costs associated with these activities, which primarily include severance and related benefit costs, and the costs to implement these actions will be expensed as incurred ranging from $20M to $30M.

Stock Market Today: Dow Rises; NASDAQ Wavers

MarketWatch · 23h

Stock Market Today: Dow, S&P 500, Nasdaq down, bond yields rise as Fed leaves rates unchanged; earnings from Microsoft, Meta and Tesla loom

Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results from Meta, Microsoft and Tesla.

Wall Street Journal · 1h

Stock Market Today: Dow Rises; Nasdaq Wavers; Meta and Tesla Shares Rally

Meta and Tesla shares rally. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

YAHOO!Finance · 18h

Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged

IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company forecasted free cash flow of $13.5 billion for the full year, above the $12.92 billion Wall Street had expected. IBM also said its generative AI book business now stands at more than $5 billion.

Q4, Dow

The Motley Fool on MSN · 2h

Dow Misses Q4 EPS, Revenue Expectations

The chemicals and materials science giant came up short on both the top and bottom lines amid declines in its largest segment.

Business Insider · 7h

Dow Inc. Q4 Earnings Summary

Earnings: -$53 million in Q4 vs. -$105 million in the same period last year. EPS: -$0.08 in Q4 vs. -$0.15 in the same period last year. Excluding items, Dow Inc. reported adjusted earnings of $2 million or $0.

Houston Chronicle · 7h

Dow Inc.: Q4 Earnings Snapshot

Dow Inc. (DOW) on Thursday reported a loss of $53 million in its fourth quarter. On a per-share basis, the Midland, Michigan-based company said it had a loss of 8 cents. Earnings, adjusted for one-time gains and costs,

MLive- Flint/Saginaw/Bay City on MSN2h

Dow announces 1,500 planned layoffs, Michigan impact unknown

Officials with Midland-based chemical company Dow have announced plans to reduce the company’s global workforce by about 1,500, or about 4%, but the local impact is unknown.

Dow Jones Today: Stock Futures Mixed as Investors Digest Flurry of Tech Earnings, Key Economic Data

Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.

Dow Chemical Company6h

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 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 ...