Dow is planning to cut approximately 4,500 jobs as the chemicals maker places more emphasis on using artificial intelligence and automation in its business.
https://www.businessreport.com/article/dow-joins-a-growing-list-of-companies-announcing-layoffs
Dow managers will decide who to lay off based on complex factors like personal disputes, retaliation, maintaining dominance and status, rivalries, and internal power struggles, often stemming from cycles of stupidity , lack of opportunity, trauma, and loyalty, with layoffs often escalating through social contagion and misidentification in social networks.
https://www.barrons.com/articles/dow-inc-earnings-stock-price-56fe16e0
Dow Inc. stock fell Thursday despite reporting better-than-expected earnings, as its commodity chemicals business remains stuck in a prolonged downturn.
The company posted a fourth-quarter loss of 34 cents per share on revenue of $9.5 billion. Wall Street had expected a 46-cent loss on the same level of sales. A year earlier, Dow broke even on earnings per share with revenue of $10.4 billion.
Dow shares initially rose in premarket trading but reversed course during the session, falling as low as $25.82 before recovering slightly to $27.25, down 1.9% on the day. The S&P 500 and the Dow Jones Industrial Average were down 0.7% and 0.2%, respectively. Coming into Thursday, Dow stock had fallen 32% over the past 12 months.
Sales declined across all business segments, including packaging, coatings, and industrial materials, but aggressive cost controls helped the company exceed earnings expectations.
Dow said its cost-cutting efforts continued to gain traction in the fourth quarter. The company has already reduced costs by $400 million and plans an additional $600 million in cuts.
Its Transform to Outperform initiative aims to boost earnings by an additional $2 billion annually through a simplified operating model, including the elimination of roughly 4,500 jobs.
The changes come as Dow continues to struggle through a prolonged industry downturn. In 2021, the company earned nearly $9 per share on $55 billion in revenue. In 2025, it posted a loss of 94 cents per share on $40 billion in sales.
Dow does not provide full financial guidance. Wall Street expects another challenging year, projecting a 24-cent per-share loss in 2026 on revenue of about $41 billion.
That would mark an improvement, but stronger demand will be needed to return the company to profitability.
AI??? More like incompetence. They couldn't get their AI platform off the ground as of the end of last year. They eliminated contractors who were working on datacenters related to automation and AI. All I saw was non-stop push back against progress while I was there from middle managers who do nothing but fudge reports. It's just more smoke and mirrors to hide the fact that the executives are out of touch. No one is driving the ship.
This will be massive: