Location: Elk Grove, California, USA.
Based on news reporting.
International Paper Company has announced the closure of its packaging plant located in Elk Grove, California, resulting in the layoff of 130 workers. This decision is part of the company's ongoing efforts to streamline operations and reduce costs. The layoffs are expected to take effect immediately as the facility ceases operations. The closure reflects broader challenges within the industry, but specific reasons for this particular plant's shutdown were not detailed in the announcement. The company aims to focus on more efficient production methods and align its workforce with current market demands.
International Paper Company cut 130 jobs as of October 1, 2023.
That is roughly 0.3% 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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