BAT to cut 2,300 jobs as it moves to ‘new category’ business
More than 20% of senior roles will be affected as vaping and e-cigarettes — under fire due to health concerns — are seen as creating more growth
12 September 2019 - 12:39
British American Tobacco (BAT) said on Thursday that it will lay off 2,300 employees globally by January, about 4% of its workforce, as the world’s second largest tobacco company by sales focuses on newer smoking options such as e-cigarettes.
More than 20% of its senior roles will be affected as the maker of Lucky Strike and Dunhill cigarettes eliminates duplicate roles and consolidates business units. BAT employs more than 55,000 people, according to its 2018 annual report...
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