Location: Memphis, TN.
Based on news reporting.
International Paper has announced plans to lay off over 1,000 workers at its Memphis facility. This decision comes as part of a broader restructuring effort aimed at improving operational efficiency. The layoffs are expected to impact various roles within the company, although specific departments affected have not been disclosed. The company has not provided a timeline for when these layoffs will take effect, but the significant number indicates a major shift in workforce strategy. This move reflects ongoing challenges in the industry and the company's response to market conditions.
International Paper Company cut 1,000 jobs.
That is roughly 2.6% 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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Estimated figure based on news reporting. Not yet confirmed by International Paper Company.
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