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Tobacco company: British American Tobacco wants to cut 2300 jobs

2019-09-12T11:56:47.095Z

TIME ONLINE | News, backgrounds and debates


London (dpa) - The tobacco company British American Tobacco (BAT) wants to delete 2300 jobs. This was announced by the company in London.

BAT, like most of its competitors, is struggling with a decline in sales of classic cigarettes, looking for new sources of revenue. The company wants to spend the money saved through the dismissals for growth in new areas such as e-cigarettes.

The Group expects to have eliminated the jobs by January next year. This also affects every fifth job in management. BAT CEO Jack Bowles wants to rebuild the pressurized group and reduce costs. In 2018, more than 55,000 employees worked for the cigarette manufacturer.

Source: zeit

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