January 29, 2026By Canadian PlasticsThrough an AI-driven cost-saving initiative, Dow’s workforce reduction aims to streamline operations and enhance productivity. Chemical giant Down Inc. has announced that it will eliminate 4,500 jobs as part of a sweeping cost-saving initiative designed to boost productivity and improve shareholder returns. The Midland, Mich.-based firm says that it plans to leverage artificial intelligence (AI) to streamline operations and achieve significant efficiencies. Company officials also said that Dow anticipates paying about US$600 million to US$800 million in one-time severance costs related to the cuts. Dow operates manufacturing sites in 29 countries and employs about 34,600 people.