Dow says it will cut 4,500 jobs, shifting emphasis to artificial intelligence and automation
Statele Unite
Dow on Thursday said it is planning to cut approximately 4,500 jobs as the chemicals maker shifts its emphasis toward artificial intelligence and automation. The company anticipates incurring severance costs of about $600 million to $800 million, in addition to $500 million to $700 million in other one-time costs. Dow marks the latest corporation to announce significant job cuts, with Amazon on Wednesday saying it's cutting 16,000 jobs as part of an effort to cut bureaucracy. United Parcel
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