Packaging Industry Layoffs: Dow, Sealed Air, Tekni-Plex, and Waddington Announce Closures and Job Cuts

Packaging industry layoffs in January included Sealed Air, Tekni-Plex, and Waddington, with International Paper announcing plans to close at least seven facilities in Europe, the Middle East, and Africa and cut 700 employees in 2026. Dow also announced a cost-cutting plan that will lay off 4,500 employees, approximately 13% of its workforce, with packaging and specialty plastics sales volumes falling 11% year over year in Q4 2025.