International Paper Says In Total, ~900 Positions Will Be Impacted
Portfolio Pulse from Benzinga Newsdesk
International Paper has announced that approximately 900 positions will be impacted. The specifics of the impact are not detailed in the news.
October 18, 2023 | 1:21 pm
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NEGATIVE IMPACT
International Paper (IP) has announced that around 900 positions will be impacted. The nature of the impact is not yet clear.
The announcement of a significant number of positions being impacted could potentially indicate layoffs or restructuring, which could lead to short-term uncertainty and potential negative impact on the company's stock. However, without further details, the exact nature of the impact is unclear.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100