4.0
Mar 11, 2010
Former employee
Freeport, TX
Recommend
CEO approval
Business outlook
Pros
Dow is a well-structured company. Shift from basic chemicals to specialty means less cyclical profits and employment. Very concerned about safety.
Cons
Too old and big for it's own good. The policies and procedures on projects became useless formalities that chewed up several people's time and drive. Progress is slowed by paperwork and waiting on so many other people to get things done. Massive layoffs, 10% and then another 5% worldwide, when Dow over-extended their credit in jont venture with Kuwait oil co. and Rohm and Haas buyout.