January 30, 2009

Dow Chemical to cut 400-500 Michigan jobs

According to AP, CNBC: “Dow Chemical Co. said Friday it would cut between 400 to 500 jobs near its Midland, Mich., headquarters as part of a previously announced global layoff plan.

The nation’s largest chemical maker said last month it would slash 5,000 full-time jobs — about 11 percent of its total work force — close 20 plants and sell several businesses to rein in costs amid the economic recession.”

~News submitted by upthecreek

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