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Dow Corning says it will cut 800 jobs worldwide
Source: Agencies |
February 25, 2009, Wednesday
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Online Edition
Online Edition
DOW Corning Corp. says it will cut 800 jobs, or about 8 percent of its 10,000-member global work force, because of the poor economy.
The company, a joint venture between Midland-based Dow Chemical Co. and Corning, New York-based Corning Inc., will eliminate the jobs during the first half of 2009 through a combination of voluntary retirement programs and involuntary layoffs.
The Midland Daily News says only voluntary separations will be considered at Dow Corning locations in the United Kingdom and at its Hemlock Semiconductor Corp. joint venture in Saginaw County.
Dow Corning spokesman Jarrod Erpelding tells The Bay City Times that it isn't known how many of the company's 3,500 Michigan employees will be affected. About 1,300 of them work at its corporate headquarters in Bay County's Williams Township and factory in Auburn combined.
The company, a joint venture between Midland-based Dow Chemical Co. and Corning, New York-based Corning Inc., will eliminate the jobs during the first half of 2009 through a combination of voluntary retirement programs and involuntary layoffs.
The Midland Daily News says only voluntary separations will be considered at Dow Corning locations in the United Kingdom and at its Hemlock Semiconductor Corp. joint venture in Saginaw County.
Dow Corning spokesman Jarrod Erpelding tells The Bay City Times that it isn't known how many of the company's 3,500 Michigan employees will be affected. About 1,300 of them work at its corporate headquarters in Bay County's Williams Township and factory in Auburn combined.
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