British American Tobacco (BAT) plans 2,300 job cuts, as it moves away from traditional cigarettes into the e-cigarette market and other products. The company said it wants to become more “efficient, agile and focused”, but has not revealed which departments will see jobs lost from its 55,000-strong global workforce and 55 factories. The news comes as US authorities prepare tough rules for e-cigarettes after several deaths linked to vaping and rising concerns over its increasing use by teenagers. BAT is also moving towards a new business model in Europe, where it hopes to sell products that are less harmful than cigarettes.
British American Tobacco (BAT) plans 2,300 job cuts, as it moves away from traditional cigarettes into the e-cigarette market and other products. The company said it wants to become more “efficient, agile and focused”, but has not revealed which departments will see jobs lost from its 55,000-strong global workforce and 55 factories. The news comes as US authorities prepare tough rules for e-cigarettes after several deaths linked to vaping and rising concerns over its increasing use by teenagers. The Food and Drug Administration is working on plans to ban all non-tobacco flavours.