Dow said on Thursday it will lay off 1,500 employees as part of its $1 billion cost savings plan due to lackluster demand and margin pressures, causing its shares to drop 6.3% in morning trade.
MIDLAND, Mich. - Dow Inc. (NYSE: NYSE:DOW), a global materials science company with a market capitalization of $28.84 billion, has disclosed a series of measures aimed at achieving $1 billion in cost ...