Fewer than 100 of the 6,500 Dow Chemical employees were eligible for the deal, the story stated.
Labor reductions at Dow are necessary and will save the company an estimated $700 million annually, the story noted.
Local 12075 President Kent Holsing said: ''''The goal of the negotiated plan was to minimize if not eliminate the chances of bargained-for employees being laid off. It appears we''ve achieved that objective.''''