Why Layoffs at 3M and Dow Are More Concerning Than at Amazon, Google, and Microsoft
Layoffs are spreading beyond tech. That’s a troubling trend investors should be paying attention to.
Layoffs are spreading beyond tech. That’s a troubling trend investors should be paying attention to.
On Thursday, chemicals giant Dow Inc. DOW +0.16% (ticker: DOW) reported weaker-than-expected fourth-quarter numbers. It sees the global economy slowing down and is preparing for weakness by cutting costs and focusing on cash generation. That’s the right playbook for a weak operating environment.