Layoffs are spreading beyond tech. That’s a troubling trend investors should be paying attention to.
On Thursday, chemicals giant
Dow Inc.
(ticker: DOW) reported weaker-than-expected fourth-quarter numbers. It 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.
Source: https://www.barrons.com/articles/dow-3m-earnings-layoffs-3m-amazon-google-51674733816?siteid=yhoof2&yptr=yahoo