Arauco & Constitution Pulp layoffs, on the record
Every job cut, severance charge and restructuring Arauco & Constitution Pulp reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2025 | 19,100 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryOperating expenses related to staff restructuring or from plant stoppages or closures were recorded as other expenses, mainly due to industrial plants temporarily stopped due to failures.
Word for word“Operating expenses related to staff restructuring or from plants stoppage or closed (*) ( 236,525 ) ( 82,337 ) ( 5,875 )” 20-F for 2023
Our summaryBioforest, the research center, was restructured to focus more on disruptive research.
Word for word“Bioforest has been restructured in order to focus more on disruptive research and in delivering greater value to our businesses.” 20-F for 2023
Our summaryWages, salaries and severance indemnities in administrative expenses decreased.
Word for word“This increase in administrative expenses was offset by a 11.9% or U.S.$ 18.1 million decrease in other administrative expenses and a 3.7% or U.S.$ 9.6 million decrease in wages, salaries and severance indemnities.” 20-F for 2023
Our summaryOperating expenses related to restructuring or from plant stoppages or closures were recorded in other expense by function; the table reports the amount for 2024.
Word for word“Operating expenses related to restructuring or from plants stoppage or closed ( 44,181 ) ( 236,525 ) ( 82,337 )” 20-F for 2024
Our summaryOther expenses fell in 2025 mainly because restructuring and plant stoppage costs dropped, tied to the 2024 stoppage of the Esperanza Mill and conservation costs for the Licancel mill.
Word for word“Other expenses Other expenses decreased 38.6 %, from U.S.$212.2 million in 2024 to U.S.$ 130.3 million in 2025, mainly due to : · a 45.1% decrease in o perating expenses related to restructuring or from plants stoppage or closed, mainly related to the stoppage of our Esperanza Mill and conservation costs related to Licancel mill, both during 2024 ; · a 44.0% decrease in i mpairment provision for property, plant and equipment, provision for inventory obsolescence, withdrawals and others , mainly due to impairment provisions during 2024, mainly related to El Colorado sawmill in Chile and our Pien mill in Brazil; · a 67.2% decrease in other expenses related to a tax charge in Argentina in 2024 in connection with certain foreign currency transactions and a reduction in fiscal expenses in Brazil; · a 41.1% decrease in l oss of forest due to fire s, mainly due to lower expenses related to losses in our biological assets in Brazil; and · a 28.8% decrease in other taxes, mainly due to lower taxes paid in the United Kingdom and Chile.; Finance costs Finance costs increased 3.0 % from U.S.$397.9 million in 2024 to U.S.$ 409.7 million in 2025 .” 20-F for 2025
Arauco & Constitution Pulp has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Arauco & Constitution Pulp’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-03-20. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.