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Dow Corning announced job cuts

United States. Dow Corning Corporation announced its intention to eliminate approximately 800 jobs at its global headquarters as a result of the current economic crisis. The decision involves approximately 8% of the company's workforce and will begin to take effect during the first half of the year, covering all countries where the company is present.

The actions will be achieved through a combination of voluntary retirement programs which will be offered in the United States and a part in other global headquarters, while the involuntary layoff program will be proposed in the United Kingdom.

These actions are part of the extensive savings measures adopted by the company, including the maximization of operational efficiency and a perfect control of expenses.


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