Dow Chemical to slash 2,400 jobs, close 20 plants

MIDLAND, M i ch . — The Dow Chemical Co. will eliminate about 2,400 jobs and close roughly 20 manufacturing facilities as part of a restructuring plan aimed at coping with slowing economic growth in Europe and elsewhere.

The manufacturing giant said Tuesday that the job cuts amount to 5 percent of the company’s workforce worldwide.

Dow spokesman Kyle Bandlow said half the layoffs would be in North America but the company’s Gulf Coast operations would be unaffected.

Comments

1) Comment by rudycaparros - 13/12/2012

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