bat tobacco news Treasury Announces $508 Million Settlement with British American Largest Ever Against Non-Financial Institution British American Tobacco (BATS.L) plans
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 BAT Pays Over US$629M For Breaking N. Korea Sanctions Tobacco Asia British American Tobacco (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 Cigarette maker BAT warns of $31.5B writedown from US brands
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