Dow to cut over 4,000 jobs as company shifts focus to AI
FILE-The Dow Chemical logo is shown on a building in downtown Midland, home of the Dow Chemical Company corporate headquarters, December 10, 2015 in Midland, Michigan. (Photo by Bill Pugliano/Getty Images)
Dow will cut 4,500 jobs as the organization plans to put more attention to utilizing artificial intelligence and automation in its business.
The chemical manufacturer, which has 34,600 employees worldwide, told the Associated Press that it expects roughly $600 million to $800 million in severance costs tied to the job cuts.
RELATED: Amazon cuts 16,000 jobs across company in latest round of layoffs
Last year, Dow executives shared with the AP that the organization was pursuing $1 billion in cost savings and expected to slash roughly 1,500 jobs globally. In July 2025, the Michigan-based company announced the closings of three European plants that would cut 800 jobs.
What other organizations have slashed jobs in 2026?
Dig deeper:
Amazon announced Wednesday it was cutting roughly 16,000 jobs in its latest round of mass layoffs for the tech company in three months.
While UPS said Tuesday that the company planned to cut up to 30,000 operational jobs through attrition and buyouts in 2026 as it lowers the number of shipments from what was its largest customer, Amazon.
RELATED: 2026 layoffs: List of companies cutting jobs this year
And Pinterest also said Tuesday that it plans to lay off under 15% of its workforce, as part of broader restructuring that arrives as the image-sharing platform pivots more of its money to artificial intelligence.
The Source: Information for this story was provided by the Associated Press and previous LIVENOW from FOX reporting. This story was reported from Washington, D.C.