International Paper to close 5 sites in UK, putting 300 jobs at risk
ReutersMay 23, 2025 6:14 AM
May 23 (Reuters) - International Paper IP.N said on Friday it will close five packaging sites in Britain, cutting around 300 jobs, citing tough industry conditions.
The company, which closed its $7.2 billion acquisition UK paper and packing peer DS Smith earlier this year, said a consultation process with employees and unions is ongoing.
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