British American Tobacco to lay off 9,000 employees this year: Takes steps to reduce expenses and adopt AI; Global cigarette volume estimated to decline by 2.5%
British American Tobacco, one of the world’s largest tobacco companies based in London, is going to cut about one fifth of its total 47,000 employees this year, or about 20%. The company has announced that it will eliminate 5,500 jobs and outsource another 3,500 positions by the end of this year to reduce costs and…
