Issue Date: March 2, 2009
Dow Corning Will Slash 800 Jobs
Dow Corning plans to eliminate 800 jobs across its 40-plus global locations in response to the economic slowdown. The firm intends to achieve the 8% workforce reduction through a combination of voluntary retirements and layoffs. However, Dow Corning says its Hemlock Semiconductor joint venture with Shin-Etsu Handotai and Mitsubishi Materials has been spared because demand for silicon used in solar-power cells continues to be strong.
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