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Dow-DuPont merger: Better living through layoffs

from The Wall Street Journal

To the eyeshades on Wall Street, a DuPont- Dow Chemical merger is a thing of utter sensibility. Cut costs. Rationalize. End two problems with one final $60 billion flourish. But there is a mournful edge to the whole idea. It’s as if these two companies—absolute bedrock of U.S. industrial might—have given up faith in themselves and their futures. Is thriving, surviving, and adapting through 331 years of total history not enough to keep these companies confident? DuPont was founded in 1802, Dow Chemical Co. in 1897. more

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