Dow Inc. said it will eliminate about 4,500 jobs as the chemical maker accelerates a push into artificial intelligence and automation, booking $600 million to $800 million in severance charges as part of a broader streamlining plan. Shares fell about 2% in premarket trading. The move follows earlier cost-cutting targets set in 2025, including European plant closures and prior head-count reductions, and comes amid a fresh wave of corporate layoffs at companies such as Amazon, UPS and Pinterest. Executives across industries are citing higher operating costs, tariff pressures and the need to redirect spending toward AI as hiring stagnates and consumer sentiment softens.
Dow to shed about 4,500 jobs as it pivots to AI and automation
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