International Paper said on Thursday it was shutting down four production facilities in the U.S. and laying off about 1% of its global workforce to tackle softer demand for its packaging products from e-commerce and consumer goods firms.

Memphis-based International Paper is closing down four facilities across the United States, which will lead to more than 600 employees losing their jobs.

Memphis-based International Paper announced the closure of four facilities across the U.S., impacting more than 600 employees.