british american tobacco news today writes down $31.5 billion as it shifts its business away from cigarettes Reynolds executive chairman: BAT deal

Reynolds executive chairman: BAT deal a 'win win' for both sets of shareholders ET British American Tobacco is undertaking a restructuring exercise that will cut nearly 9,000 jobs. The cigarette maker will eliminate 5,500 roles, while 3,500 roles will be outsourced to third parties. #layoff # British American Tobacco has announced a major AI led restructuring plan that will impact around 9,000 jobs globally, including 5,500 direct job cuts and 3,500 roles shifted to external partners, affecting nearly 20% British American Tobacco profits rise despite drop in sales British American Tobacco The Guardian BAT Is on Track to Deliver 2024 Guidance, CEO Says

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