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Dow to Cut About 4,500 Jobs as Emphasis Shifts to AI and Automation
Dow will cut 12% of its global workforce, aiming for $2 billion in EBITDA improvement by 2028 through AI and automation under its Transform to Outperform plan.
- On January 29, 2026, Dow Inc., Midland, Michigan-based chemicals maker, said it will cut approximately 4,500 jobs as it shifts focus to AI and automation.
- As part of its Transform to Outperform plan, Dow will simplify operations and incorporate AI and automation, the company said.
- Dow told the Associated Press that it anticipates $600 million to $800 million in severance and $500 million to $700 million in other one-time costs for cuts affecting roughly 12% of its 34,600 employees.
- Shares of Dow Inc. fell 2% before the market opened, joining this week's wave of layoffs announced by companies like Amazon and UPS.
- Looking to investors, Dow says it projects to add at least $2 billion in near-term operational earnings, with Karen S. Carter, Dow's chief operating officer, saying `the goal of Transform to Outperform is to achieve significant growth and productivity gains`.
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U.S. chemicals giant Dow to cut 4,500 jobs in shift toward AI, automation
NEW YORK, Jan. 29 (Xinhua) -- U.S. chemicals giant Dow announced Thursday that it plans to cut around 4,500 jobs as part of a major restructuring effort to shift its emphasis toward artificial intelligence and automation. Read full story
·Malaysia
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The world’s largest chemical company said it expects to invest in artificial intelligence and automation
Coverage Details
Total News Sources77
Leaning Left9Leaning Right4Center49Last UpdatedBias Distribution79% Center
Bias Distribution
- 79% of the sources are Center
79% Center
15%
C 79%
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