Dow Chemical to Cut 2,500 Jobs After Closing Corning Deal - News Summed Up

Dow Chemical to Cut 2,500 Jobs After Closing Corning Deal


Dow Chemical Co. on Tuesday said it planned to cut 2,500 jobs globally, or about 4% of its workforce, as it restructures Dow Corning Corp., which it now owns completely. Earlier this month, Corning Inc. had exchanged shares of silicone company Dow Corning for cash and an interest in a semiconductor company, ending a 73-year joint venture with...


Source: Wall Street Journal June 28, 2016 11:29 UTC



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