Thread regarding MeadWestvaco Corp. layoffs

James Buzzard is gone, 100+ people were let go earlier this year, that might be like 1% of our total employee base. MeadWestvaco struggles in general, but we remain to be a fairly well manage company. Layoffs will continue until we see some significant organic growth. In total, 2014 will bring 550 jobs cuts globally, I think we have 16,000 people at 125 facilities - this includes in North America, South America, Asia and Europe.