Dow Inc. Warns of Weakness, to Lay Off 2,000 Workers as Earnings Fall

Chemicals giant


Dow Inc.


sees the global economy slowing down and is preparing for weakness by cutting costs and focusing on cash generation. That’s the right playbook for a weak operating environment. Still, no one, especially employees, likes to see business weakness.



Dow


(ticker: DOW) reported fourth-quarter earnings per share of 46 cents from sales of $11.9 billion. Earnings before interest, taxes, depreciation and amortization, or Ebitda, came in at $1.3 billion.

Source: https://www.barrons.com/articles/dow-inc-earnings-job-cuts-51674733816?siteid=yhoof2&yptr=yahoo