
International Paper is moving to cut roughly $200 million in costs across its Europe, Middle East, and Africa (EMEA) operations as it prepares to split its business into separate regional entities, a move aimed at sharpening focus and improving efficiency. The planned reductions are part of a broader restructuring strategy designed to streamline operations, boost profitability, and position the EMEA division as a stronger standalone company ahead of the separation. Facing softer demand and higher operating costs in recent periods, the company is using these cuts to stabilize margins and make the upcoming spin-off more attractive to investors, who often favor simpler, more specialized corporate structures.