Based on news reporting.
International Paper Company has announced nearly 700 layoffs as part of its decision to close several facilities. This move is part of a broader strategy to streamline operations and reduce costs amid challenging market conditions. The layoffs are expected to significantly impact the company's workforce, although specific locations and departments affected have not been detailed in the announcement. The company is facing pressures that necessitate these drastic measures, highlighting the ongoing challenges within the industry.
International Paper Company cut 700 jobs as of February 13, 2025.
That is roughly 1.8% of the 39,000 people International Paper Company employs.
LayoffTalk has tracked 44 layoff events at International Paper Company since October 2023, affecting a combined 9,679 employees.
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