International Paper advanced its cost improvement strategy in 2025 and delivered approximately $510 million of run-rate benefits, despite global economic headwinds, said CEO Andy Silvernail on an earnings call Thursday. Demand continued to be softer in the Europe, Middle East and Africa business than in North America, although there were challenges across the board.
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International Paper expects at least 7 closures, 700+ layoffs in 2026 |
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