International Paper Co. Plans UK Packaging Site Closures, Workforce Reduction

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2025.05.23 14:20
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International Paper Co. plans to close five packaging sites in the UK and reduce its workforce as part of a strategic review following its acquisition of DS Smith. The company will also relocate one site and adjust the operating schedule of another, affecting approximately 300 roles by the end of 2025. Consultations with employees and unions are currently in progress.