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"Quite frankly, this was not an easy decision to make. Terrific, hard-working people are hurt at times like this. But, we cannot continue to operate "business as usual" if we are to win in the tough, global business environment in which we operate today," Dillon adds. "We will do everything possible to help reduce the adverse impact on our employees and communities. On the positive side, we feel strongly that by taking this action, both our shareowners and employees will benefit from a stronger, more efficient, more focused IP."
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- Companies:
- International Paper
- People:
- John Dillon
- Mills
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