Dow Corning cuts 800 jobs

Dow Corning Corp. says it will cut 800 jobs, or about 8 percent of its 10,000-member global work force, because of the poor economy. The company, a joint venture between Midland-based Dow Chemical Co. and Corning, New York-based Corning Inc., will eliminate the jobs during the first half of 2009 through a combination of voluntary retirement programs and involuntary layoffs.