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BAT Cost-Cutting Hits 9,000 Roles as Turnaround Plan Intensifies

BAT Cost-Cutting Hits 9,000 Roles as Turnaround Plan Intensifies
Bloomberg Markets Monday 29 June 2026, 07:00 UTC By Jennifer Creery 1 min read
Key Points

BAT Cost-Cutting Hits 9,000 Roles as Turnaround Plan Intensifies British American Tobacco Plc is reducing its 47,000-strong global workforce by about one-fifth as part of a sweeping plan to bring down costs and simplify operations. By the end of this year, the maker of Dunhill cigarettes will have slashed 5,500 jobs and outsourced a further 3,500, according to an internal notice that lays bare the scale of change taking place at the tobacco giant. The numbers, seen by Bloomberg News, do not...

BAT Cost-Cutting Hits 9,000 Roles as Turnaround Plan Intensifies British American Tobacco Plc is reducing its 47,000-strong global workforce by about one-fifth as part of a sweeping plan to bring down costs and simplify operations. By the end of this year, the maker of Dunhill cigarettes will have slashed 5,500 jobs and outsourced a further 3,500, according to an internal notice that lays bare the scale of change taking place at the tobacco giant. The numbers, seen by Bloomberg News, do not include BAT’s US business, which is operated through its subsidiary Reynolds American Inc.
British American Tobacco Plc (ORG) Dunhill (ORG) Bloomberg News (ORG) BAT (ORG) US (LOCATION) Reynolds American Inc. (ORG)
Originally published by Bloomberg Markets Read original →

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