8-K
filed October 21, 2024, 7:59 PM ET
ticker IP
CIK 0000051434
other material
confidence high
sentiment neutral
materiality 0.50
International Paper to cut 650 jobs, incur $80-100M restructuring charge
INTERNATIONAL PAPER CO /NEW/
- Workforce reduction of ~650 employees; restructuring substantially implemented in Q4 2024.
- Estimated pre-tax charges of $80M-$100M: $50M in Q3 2024, $30M-$50M in Q4 2024.
- Charges are substantially cash; majority of cash payments expected in Q1 2025.
- Plan aims to reduce operating costs and optimize organizational structure.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001193125-24-240435
- form_type
- 8-K
- ticker
- IP
- cik
- 0000051434
- company_name
- INTERNATIONAL PAPER CO /NEW/
- filed_at
- 2024-10-21T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:10.775716+00:00
- generated_at
- 2026-05-30T12:37:06.825725+00:00
- sec_items
- ["2.05"]
- event_type
- other_material
- sentiment
- neutral
- materiality_score
- 0.5
- calibrated_materiality_score
- 0.5
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001193125-24-240435
- json_url
- https://secwatch.observer/filing/0001193125-24-240435.json
- markdown_url
- https://secwatch.observer/filing/0001193125-24-240435.md
- text_url
- https://secwatch.observer/filing/0001193125-24-240435.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/51434/000119312524240435/0001193125-24-240435-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/51434/000119312524240435/d855285d8k.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
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