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British American Tobacco to cut 9,000 jobs
Key takeaways
- The company, which makes Lucky Strike and Dunhill cigarettes, is cutting 5,500 roles and outsourcing 3,500 more.
- BAT did not say where the jobs being cut were located, but added that the US was not affected.
- The cost-cutting programme is expected to save about £600m a year by 2028, it added.
Why this matters: a developing story that could shape the day's news cycle.
The company, which makes Lucky Strike and Dunhill cigarettes, is cutting 5,500 roles and outsourcing 3,500 more.
BAT did not say where the jobs being cut were located, but added that the US was not affected.
The cost-cutting programme is expected to save about £600m a year by 2028, it added.
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