---
schema_version: "secwatch.filing_event.v1"
accession: "0001751788-23-000006"
form_type: "8-K"
ticker: "DOW"
cik: "0001751788"
company_name: "DOW INC."
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:22:11.765523+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dow approves restructuring with 2,000 job cuts, $550-725M Q1 charge

## Summary
- Global workforce reduction of approx. 2,000 roles; severance costs $330M-$425M.
- Q1 2023 charge $550M-$725M includes asset write-downs ($200M-$250M) and exit costs.
- Targets $1B in cost savings in 2023 via structural ($500M) and operating expense ($500M) cuts.
- Shutting down select assets; further evaluating Europe manufacturing base.
- Future cash payments $450M-$550M primarily over next two years.

## SEC filing metadata
- accession: 0001751788-23-000006
- form_type: 8-K
- ticker: DOW
- cik: 0001751788
- company_name: DOW INC.
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1751788/000175178823000006/0001751788-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/29915/000175178823000006/dow-20230125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001751788-23-000006
- JSON: https://secwatch.observer/filing/0001751788-23-000006.json
- Plain text: https://secwatch.observer/filing/0001751788-23-000006.txt

## Key facts
- Restructurings & Charges
  DOW INC. announced a restructuring with charges of $550 million to $725 million (approximately 2,000 roles).
  - Type: restructuring
  - Charge: $550 million to $725 million
  - Headcount: approximately 2,000 roles
  source text: The Company will record a charge in the first quarter of 2023 for costs associated with these activities. In total, these costs are expected to be in the range of $550 million to $725 million and will consist of severance and related benefit costs ranging from $330 million to $425 million in connection with a global workforce reduction of approximately 2,000 roles; costs associated with exit and disposal activities ranging from $20 million to $50 million; and asset write-downs and write-offs ranging from $200 million to $250 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1751788/000175178823000006/0001751788-23-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.