Location: Richmond, Virginia.
Based on news reporting.
Packaging Corporation of America (PCA) is set to close its full-line plant in Richmond, Virginia, resulting in the layoff of approximately 300 employees. This decision comes as part of PCA's restructuring efforts to streamline operations and improve efficiency. The closure is expected to take effect on October 1, 2023, impacting the local workforce significantly. PCA has cited market conditions and operational challenges as key factors influencing this decision. The company aims to focus on its core business areas while managing costs effectively during this transition.
Packaging Corporation of America cut 300 jobs as of October 1, 2023.
That is roughly 2% of the 14,900 people Packaging Corporation of America employs.
LayoffTalk has tracked 15 layoff events at Packaging Corporation of America since October 2023, affecting a combined 1,847 employees.
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