british american tobacco news BAT Shares Tumble 9% British American Tobacco cutting 5,500

British American Tobacco cutting 5,500 jobs as part of restructuring BTI News Today Why did British American Tobacco stock go up today? British American Tobacco has announced a major AI led restructuring plan that will impact around 9,000 jobs globally, including 5,500 direct job cuts and 3,500 roles shifted to external partners, affecting nearly 20% 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

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