Dow to cut 1,500 jobs as it struggles to restore profitability. Stock slides to four-year low - MarketWatch
1. Dow Inc. stock fell 6% after earnings miss and job cuts. 2. Company targets $1 billion in savings by cutting 1,500 jobs. 3. Q4 earnings showed a net loss of $435 million. 4. Sales declined to $10.4 billion, below analyst expectations. 5. Stock has dropped 28% in a year, underperforming S&P 500.