british tobacco news American forecasts strong 2025 results, eyes midterm growth in 2026 GB News
GB News British American Tobacco (BAT) is cutting approximately 9,000 jobs, which is about one fifth of its global workforce of 47,000, according to a report by Bloomberg. The move by BAT is part of British American Tobacco (BATS.L) plans to cut about 20% of its workforce as it pursues an AI driven overhaul to lower costs and lift profits amid regulatory challenges and delayed launches. [Link in British American Tobacco profits rise despite drop in sales British American Tobacco The Guardian British American Tobacco offers to buy Reynolds in $47B deal CBC News
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