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Dow announces cost-structure plan to utilize AI and automation; cut jobs

This article was originally posted on Chemical Engineering Online.
Summary
Dow announced a company-wide “Transform to Outperform” plan to simplify operations, streamline end-to-end processes, and modernize customer service. The initiative targets at least $2 billion in near-term operating EBITDA gains by leveraging AI and automation and includes workforce reductions as part of a broader cost-structure reset.

What opportunities and risks do you see in Dow using AI and automation to cut costs—how might this reshape jobs and competitiveness across the chemical industry?

Dow Chemical Co. (Midland, Mich.; www.dow.com) announced a comprehensive plan to simplify how it operates and streamline its end-to-end processes. The Company will also reset its cost structure and modernize how it serves customers. Transform to Outperform targets the addition of at least $2 billion in near-term Op. EBITDA, in part by utilizing AI and automation […]

The post Dow announces cost-structure plan to utilize AI and automation; cut jobs appeared first on Chemical Engineering.

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