Packaging Industry Layoffs: Dow, Sealed Air, Tekni-Plex, and Waddington Announce Closures and Job Cuts
ByAinvest
Thursday, Feb 5, 2026 2:46 pm ET1min read
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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.
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