WREG

400 International Paper employees in Memphis to be laid off

By Raven Moore,

2 days ago

MEMPHIS, Tenn. — Hundreds of International Paper employees are set to be laid off, with more than half of those positions based in Memphis.

WREG has learned from an International Paper spokesperson that approximately 650 employees will be laid off, including 400 from Memphis.

They say that departures are occurring as the company undergoes a “transformational journey to become a stronger, more profitable sustainable packaging solutions company.”

Laid off employees will receive severance packages, outplacement assistance and mental health resources, per the spokesperson.

IP, a Fortune 500 company, is headquartered in Memphis.

For the latest news, weather, sports, and streaming video, head to WREG.com.

Comments / 3

Add a Comment

Rachel D

1d ago

Welcome to corporate America where your longevity and performance don’t matter when bonuses are wanted by the “E” suite!

Ms. Independent

1d ago

Wow... it's already started, and the election has not even gotten started... So, which political party is going to bail out the economy ...

View all comments

YOU MAY ALSO LIKE

Local News

Texas middle school cheerleaders suffer first and second degree burns after ‘punishment’ from coach

WREG5 days ago

Arrest warrant issued for man accused of murder

WREG5 days ago

Cordova teacher earns national award, $50k check

WREG2 days ago

Missing fisherman’s body found in Tennessee River

WREG3 days ago

Texas electronics company to bring 200 new jobs to Memphis

WREG1 day ago

MPD investigating crash involving motorcycle on US-64

WREG2 days ago

Suspects can’t start car after carjacking attempt

WREG1 day ago

Sean Combs is now in a Special Housing Unit like Red Onion State Prison in Wise County, Virginia

Margaret Minnicks27 days ago

Collierville Assistant Police Chief dies

WREG2 days ago

What can the Mid-South expect this winter?

WREG10 hours ago

Two critically injured in Jackson Avenue shooting

WREG1 day ago

Man dead after being struck by his vehicle after crash on I-40

WREG3 days ago

Two suspects in deadly Jefferson Street shooting during TSU Homecoming arrested

WREG2 days ago

Convicted killer Susan Smith charged after speaking with filmmaker

WREG2 days ago

Two women tried to use a $1 million bill at a Dollar General — and they paid the price for it

MarketRealist4 days ago

Doritos to open its first-ever restaurant

WREG5 days ago

Walgreens to close 1,200 US stores

WREG2 days ago

Former West Union Teacher Indicted for Child Enticement

Mississippi News Group5 days ago

Mom says son’s car towed by MPD, keys lost for days

WREG15 hours ago

Massive meat recall includes hundreds of products sold at Walmart, Target, more

WREG3 days ago

Bath & Body Works apologizes for candle designed with what looked like KKK hoods

WREG3 days ago

Pass It On: ‘You never know who will become your family’

WREG21 hours ago

'Bonanza' Star Dan Blocker Was Discovered on the Road to Hollywood. Literally. Here's a Look Back

Herbie J Pilato1 day ago

North Carolina man shot, killed outside of his own wedding; family wants answers

WREG2 days ago

Restaurant Inspection Scores, October 8 – October 14

WREG3 days ago

SBA announces its out of money

WREG1 day ago

Michigan to pay $13M after shooter drill terrified psychiatric hospital for kids

WREG2 days ago

Deputy killed in car crash while responding to accident

Robert Russell Shaneyfelt13 days ago

Little Rock man killed in Marianna, AR

WREG10 hours ago

Liam Payne of One Direction dies after falling from hotel balcony

WREG1 day ago

It’s essential to note our commitment to transparency:

Our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. As a platform hosting over 100,000 pieces of content published daily, we cannot pre-vet content, but we strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation.

Comments / 0

Community Policy