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INTERNATIONAL PAPER TO CUT 9,000 JOBS; TRIAD SPARED.(BUSINESS)
- Article from:
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The News & Record (Piedmont Triad, NC)
- Article date:
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July 9, 1997
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Copyright informationCOPYRIGHT 1997 News & Record. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: From Staff and Wire Reports
NEW YORK -- International Paper Co., the world's largest paper producer, plans to eliminate 9,000 jobs, or 10 percent of its work force, as it restructures its printing paper business.
The company said the cuts will not affect its Triad operations, which employ more than 500 people, mostly in Greensboro. But all of International Paper's units will be required to meet companywide performance goals or risk future cuts, a company spokesman said.
"All of our businesses have to be evaluated," said spokesman Phil Giaramita. "We didn't announce anything today with respect to North Carolina. That doesn't mean there won't be in the ...
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