bat tobacco news British American (BAT) is cutting around 9,000 jobs, a fifth of its 47,000-strong workforce, as the cigarette maker moves to adopt AI technologies and reduce costs. The company will cut 5,500 British American Tobacco is cutting

British American Tobacco is cutting 5,500 jobs across the globe and handing thousands more roles to outside contractors, as the cigarette giant races to strip out costs and pivot towards vapes and British American Tobacco's Latest Tax Controversy 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 Writes Down Value of Brands by $31 Billion The New York Times BAT shares fall after it fails to lift guidance on US vape boost Reuters BAT Is on Track to Deliver 2024 Guidance, CEO Says

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