---
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"
generated_at: "2026-05-30T12:37:06.825725+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# International Paper to cut 650 jobs, incur $80-100M restructuring charge

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/51434/000119312524240435/0001193125-24-240435-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/51434/000119312524240435/d855285d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-240435
- JSON: https://secwatch.observer/filing/0001193125-24-240435.json
- Plain text: https://secwatch.observer/filing/0001193125-24-240435.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.