Dow Chemicals Plans To Layoff 5,000 Employees
TORRANCE, CA - DECEMBER 08: A Dow Chemical Company plant is seen on December 8, 2008 in Torrance, California. Dow Chemical Co., the largest U.S. chemical maker, announced that it will cut 5,000 full-time jobs, close 20 plants, and sell several businesses under pressure from of the economic recession in an attempt to save about $700 million per year by 2010. The company has not yet determined which workers and plants it will cut. (Photo by David McNew/Getty Images)
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