Dow is planning to cut approximately 4,500 jobs as the chemicals maker puts more emphasis on using artificial intelligence and automation in its business. WATCH HERE WATCH HEREShares of Dow Inc., which has about 34,600 employees globally, fell 2% before the market opened. Leaning more heavily into artificial intelligence, Amazon announced thousands of layoffs Tuesday. And like Dow, Pinterest said this week that it was cutting jobs partially due to increased usage of AI. That is occurring as some businesses reduce their workforces as they redirect money toward artificial intelligence, often baked into wider corporate restructuring.