6 % headcount reduction
https://cen.acs.org/business/economy/Dow-plans-layoffs-COVID-19/98/i29
3 replies (most recent on top)
Whenever the stock plunges, layoffs start immediately. Then the stock rises. It's like a junkie needing another fix; a vicious cycle. It's nothing new for Midland Michigan, where employees are being replaced by the Indians on the other side of the world, for $150 a month. Hope your house is ready to sell!
Likely will be announced with earnings in May 2. My guess 1500-2000 range