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The Economic Times

Economy / The Economic Times

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Dow layoffs: Chemical maker to cut 4,500 jobs as AI and automation expand

Dow Inc. plans major layoffs as it focuses on AI, automation, and cost savings. The chemical company will cut thousands of jobs and spend millions on severance. The move comes during a weak U.S. job market, with many large companies reducing staff, slowing hiring, and shifting money toward artificial intelligence while consumer confidence remains low.

29 Jan 2026 9:52 pm