MIDLAND, Mich. (AP) — Dow Chemical is cutting 5,000 full-time jobs, closing 20 plants and selling businesses in an effort to cut costs amid poor market conditions. The job cuts represent 11 percent of the company's total workforce. Dow Chemical Co. says the move will save $700 million annually by 2010. This is in addition to the $800 million in expected savings from its Rohm and Haas acquisition.
