ERJ staff report (TB)
Midland, Michigan — Dow Corning Corp. said it plans to eliminate about 800 jobs globally in response to current economic challenges.
Layoffs and voluntary retirement programs will take place primarily during the first half of the year, the company said.
These actions are part of broader cost-saving measures taken by the company, including maximizing operational efficiency and tightly controlling expenses.
Stephanie A. Burns, Dow Corning chairman, president and CEO, said the steps are difficult but necessary to meet the challenges of today to be ready…