Irving Paper Cuts Operations by 50% in New Brunswick Due to Electricity Costs
SOURCENews reportView the filing ↗
What we know
Location: New Brunswick, Canada.
Based on news reporting.
Summary
Irving Paper has announced the shutdown of 50% of its operations in New Brunswick, primarily due to rising electricity rates. This significant reduction in operations is expected to impact the company's workforce, although specific numbers of employees affected have not been disclosed. The decision reflects ongoing challenges in the industry related to operational costs. The company has not provided a timeline for when these changes will take effect, but the move underscores the financial pressures faced by manufacturers in the region. This situation highlights the broader issues within the industry regarding energy costs and operational viability.
LayoffTalk has tracked 9 layoff events at New Brunswick since February 2025, including 90 jobs documented in official WARN filings, with 8 additional events known from news reporting.
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