Dow Chemical Layoffs 2025. Dow will shut down three plants that produce its styrofoam brand insulation products located in estarreja, portugal; Dow plans to cut about 2,000 jobs as the chemical maker seeks $1 billion in savings and confronts a flareup in energy costs that followed russia’s attack on.
The dow chemical company announced that on june 30, its board of directors approved a restructuring plan which calls for the shutdown of a number of manufacturing assets, including. Dow’s plan to save $1 billion (£826 million) in 2023 includes laying off about 2000 people from its global workforce.