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Started By
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re: Dow to cut about 4,500 jobs as emphasis shifts to AI and automation
Posted on 1/30/26 at 12:20 pm to HoustonGumbeauxGuy
Posted on 1/30/26 at 12:20 pm to HoustonGumbeauxGuy
quote:
McKinsey
That's how I spell retarded.
Once a company hires them, you know it's leadership is terminally retarded.
0
Posted on 1/30/26 at 12:25 pm to JohnnyKilroy
quote:
Who tf thought that?
Mingo
Posted on 1/30/26 at 12:26 pm to TigerHornII
quote:
tariffs will bring more to replace them.
at "more" Yeah im sure all these former Dow employees are gonna go to work in an aluminum smelter
This post was edited on 1/30/26 at 12:33 pm
Posted on 1/30/26 at 1:03 pm to DallasTiger
DOW chemical is a totally unserious company, totally bought in to woke, and the greater good being more important than earnings to the stockholder. My view is based on retiring 25 years ago from dow, having a very few shares, and personal relationships with folks at several current sites.
The annual report for 2024, published 12 months ago included a review of the sexual preferences of the CEO and board, they came out. And they have very large joint ventures in conservative muslim countries.
At the Saint Charles site, they have sold off large portions of the infrastructure, think tank farm, utilities etc and leased it back to free up funds for the balance sheet. Last week driving by the site, I see a huge new office building under construction, 3 story, big as a warehouse, maybe 20 million dollars. Serious conflict in plain site.
At Alberta a zero carbon ethylene project has been put on hold, market or economic realization, can't easily cancel because of completed engr/purchasing cost that would be written off.
At Saudi, the Saudi's appear to be just absorbing Dow's half
Dow/Fetterling deliberately pushed capital into social programs, climate change etc and the company really does not talk about selling chemicals
the plant level people are good folks and the corporate management unseriouness has been difficult for them to deal with
The annual report for 2024, published 12 months ago included a review of the sexual preferences of the CEO and board, they came out. And they have very large joint ventures in conservative muslim countries.
At the Saint Charles site, they have sold off large portions of the infrastructure, think tank farm, utilities etc and leased it back to free up funds for the balance sheet. Last week driving by the site, I see a huge new office building under construction, 3 story, big as a warehouse, maybe 20 million dollars. Serious conflict in plain site.
At Alberta a zero carbon ethylene project has been put on hold, market or economic realization, can't easily cancel because of completed engr/purchasing cost that would be written off.
At Saudi, the Saudi's appear to be just absorbing Dow's half
Dow/Fetterling deliberately pushed capital into social programs, climate change etc and the company really does not talk about selling chemicals
the plant level people are good folks and the corporate management unseriouness has been difficult for them to deal with
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