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Dow plans to cut 4,500 staff to save costs and will rely on AI to boost productivity, resulting in $1.1B to $1.5B in charges; it currently employs ~34,000 staff (Rob Curran/Wall Street Journal) from Techmeme RSS feed.
Dow plans to cut 4,500 staff to save costs and will rely on AI to boost productivity, resulting in $1.1B to $1.5B in charges; it currently employs ~34,000 staff (Rob Curran/Wall Street Journal)
Rob Curran / Wall Street Journal:
Dow plans to cut 4,500 staff to save costs and will rely on AI to boost productivity, resulting in $1.1B to $1.5B in charges; it currently employs ~34,000 staff — Chemicals giant is using automation and AI to boost growth and productivity; posts wider quarterly loss