Dow slashes 4,500 jobs as AI and automation reshape chemical manufacturing operations
Chemical giant Dow announced plans to cut 4,500 jobs—12.5% of its workforce—as part of its Transform to Outperform initiative. The company explicitly cites AI-driven automation as the catalyst, partnering with C3 AI to optimize operations. With severance costs reaching up to $800 million, Dow joins Amazon and UPS in a wave of corporate layoffs, though experts debate whether AI is truly driving job losses or simply providing cover for deeper strategic issues.