Dow 6 - Search News

Michigan-based Dow posts Q4 loss, says it's cutting 1,500 jobs

The materials science company said the reductions are part of a plan to cut $1 billion in costs, citing “persistently weak macroeconomic conditions.”

MarketWatch on MSN · 5h

Dow to cut 1,500 jobs as it struggles to restore profitability. Stock slides to four-year low

Dow Inc.’s stock shed early gains to trade down 6% Thursday, after the material-sciences company latest earnings miss and news it’s cutting 1,500 jobs as part of a cost-reduction program aiming to save $1 billion in savings.

Reuters · 7h

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.

Dow Shares Slide on 4Q Misses, Layoff Plans

The company's fourth-quarter loss narrowed to $53 million, or 8 cents a share, from a loss of $105 million, or 15 cents a share, while operating earnings, an adjusted figure, came to zero a share.

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 ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results

Trending now