Dow(US:DOW) Xin Lang Cai Jing·2026-01-30 09:20Group 1 - The core strategy "Transform to Outperform" aims to enhance productivity and growth, leading to improved competitive advantage and returns by laying off 4,500 employees [1] - The initiative is expected to simplify workflows and maintain the company's global leadership position, with a target of increasing Op. EBITDA by at least $2 billion between 2026 and 2028 [1] - The one-time costs associated with the plan are estimated to be between $1.1 billion and $1.5 billion, with $600 million to $800 million allocated for severance pay and $500 million to $700 million for other one-time expenses [1] Group 2 - In 2025, the company reported net sales of $39.968 billion, a decrease of 7%, and a net loss of $2.444 billion compared to a net income of $1.201 billion the previous year [2] - The fourth quarter of 2025 saw sales of $9.46 billion, down 9% year-over-year, with losses increasing from $35 million to $1.477 billion [2] - The company has previously announced multiple rounds of layoffs to reduce costs and improve efficiency, including a reduction of approximately 2,000 employees in January 2023 and 1,500 employees in January 2025 [2]