Dow Corning Layoffs Job Cut: fires 800 employees

The news is not good for the employees of Dow Corning. The recession is taking a toll on all sectors. The latest addition to the list of companies going for layoffs is the Dow Corning.

How many employees will be laid off by Dow Corning?
There could be around 500 layoffs by the Dow Corning organization. This will be around 8% of the global workforce of Dow Corning.

What is the total no. of employees of Dow Corning?
Total No. of employees of Dow Corning is around 10,000 as of now.

Which locations will be affected by the Dow Corning Job Cuts?
No detailed information is available location wise, but it is learnt that the layoffs will be on a global basis.

When will the Dow Corning layoffs happen?
The layoffs will be done in the first six months of 2009.

How much savings can be made by the company from the layoffs?
Non info about that.

What is the primary reasons for Dow Corning layoffs?
Major reason are because of the poor economy & challenging economic conditions. The layoffs are done in a bid to reduce costs.

Any other news about Dow Corning layoffs
As per MSN MOney, There will be a combination of voluntary retirement programs and involuntary layoffs.
   Let's hope that alternative jobs are available to the affected employees of Dow Corning Layoffs Job Cut