International Paper is shutting down five of its U.K. facilities and eliminating 300 jobs as part of its merger with DS Smith. The move is aimed at streamlining operations post-deal, but it’s a tough blow for workers and local communities tied to those sites.

Editor’s Note: Mergers often lead to cost-cutting, and this one’s no exception—while it might make business sense for the companies involved, real people are losing their livelihoods. It’s another reminder of how corporate deals can ripple through local economies, leaving workers scrambling. For the U.K., where job markets are already strained, this adds to the pressure.

Mexico's state-owned oil giant Pemex is gearing up for a major restructuring to cut costs, according to an internal document. The move likely involves streamlining operations, possibly through layoffs or asset sales, as the heavily indebted company tries to stay afloat.

Editor’s Note: Pemex is one of Mexico’s biggest employers and a key player in its economy, but it’s been struggling with debt and inefficiency for years. If this restructuring goes through, it could mean big changes—not just for the company but for workers, investors, and even Mexico’s broader energy policy. Whether this is a step toward stability or just another Band-Aid remains to be seen.