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Dow Cuts 4,500 Jobs as Automation and AI Expand
Summary by thechemicalengineer.com
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Program savings of one billion, divestiture of assets and stoppages of projects (especially in Europe), cut in investments... If Dow has already, over the last few months, multiplied the maneuvers to improve its growth and reduce its costs, the third global chemist will push a step further with a new plan called "Transform to Outperformance". In line: achieve an additional $2 billion of operational ebitda by 2028, notably by increasing the produ…
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