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    Dow Chemical cuts jobs worldwide
    


    By Wan Zhihong (chinadaily.com.cn)
    
 Updated: 2008-12-09 19:07
    



 

    

    Reflecting poor current market conditions the Dow Chemical Company said it will eliminate 5,000 full-time jobs worldwide, 11 percent of the company's global workforce.
    


    However, whether there will be some job cut in China is not clear yet, said a company source Tuesday.
    


    Dow will also close 20 facilities in high-cost locations and divest several non-strategic businesses. In addition, the company will temporarily idle 180 plants and significantly reduce its contractor workforce worldwide by approximately 6,000 as predicated by reduced operations.
    


    

    (For more biz stories, please visit Industries)
    

    

    

 



 



    


    


 

    

    

    


    

    


 

    


    


 

    


    


 

    


    


    


 

    

    

    
    		

    

    








     
    


     
    



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