Dow Inc.
Dow Inc. Announces Workforce Reduction as Part of Transformation Plan
Summary
On January 29, 2026, Dow Inc. announced Transform to Outperform, a plan aimed at improving near-term Operating EBITDA by simplifying the Company's operating model, reducing costs, and driving growth. The Company's Board of Directors approved certain severance and related benefit costs for a workforce reduction of approximately 4,500 roles globally. The estimated total cost for severance and related benefits is expected to be between $600 million and $800 million, with an additional $70 million to $90 million for other costs. The Company will involve local stakeholders in each country and in compliance with relevant information and consultation processes.
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About Dow Inc.
Dow Inc. is a leading player in the global chemical manufacturing sector, known for its integrated, market-driven portfolio that delivers a broad range of differentiated science-based products and solutions. Its primary function is to provide materials critical for a multitude of industries, including packaging, infrastructure, consumer care, and electronics. With a robust presence in over 160 countries, Dow leverages its advanced production techniques and research and development capabilities to produce a diverse array of innovative materials, from performance plastics and coatings to silicones and other specialty chemicals. Dow's extensive product offerings cater to various industries by addressing essential needs such as durability, sustainability, and performance enhancement. The company boasts a commitment to sustainability, striving to reduce its environmental footprint while enabling its clients to achieve their sustainability goals. Established as a core pillar in the chemical industry, Dow Inc. plays a vital role in fostering industrial growth and facilitating advancements in technology and efficiency across multiple sectors.
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