Aaj TV English News - Business & Economy https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Mon, 29 Jun 2026 15:16:05 +0500 Mon, 29 Jun 2026 15:16:05 +0500 60 British American Tobacco to cut 5,500 jobs globally in restructuring push https://english.aaj.tv/news/330461499/british-american-tobacco-to-cut-5500-jobs-globally-in-restructuring-push <p><strong>British American Tobacco said on Monday ​it will cut 5,500 ‌jobs and move a further 3,500 roles to strategic partners, ​impacting about 20% ​of its global workforce, as it ⁠pushes ahead with ​its AI-driven transformation programme.</strong></p> <p>The ​London-listed tobacco giant said in a statement that most of ​the changes had ​now been confirmed with employees, with ‌remaining ⁠consultations being carried out in compliance with local requirements.</p> <p>The cuts exclude ​the United ​States, ⁠the company said.</p> <p>The cost-saving programme is ​expected to add £600 ​million ⁠of annualised incremental savings by 2028, with £500 million ⁠already ​targeted by ​2027.</p> British American Tobacco said on Monday ​it will cut 5,500 ‌jobs and move a further 3,500 roles to strategic partners, ​impacting about 20% ​of its global workforce, as it ⁠pushes ahead with ​its AI-driven transformation programme.

The ​London-listed tobacco giant said in a statement that most of ​the changes had ​now been confirmed with employees, with ‌remaining ⁠consultations being carried out in compliance with local requirements.

The cuts exclude ​the United ​States, ⁠the company said.

The cost-saving programme is ​expected to add £600 ​million ⁠of annualised incremental savings by 2028, with £500 million ⁠already ​targeted by ​2027.

]]> Business & Economy https://english.aaj.tv/news/330461499 Mon, 29 Jun 2026 12:48:46 +0500 none@none.com (Reuters) An employee holds tobacco leaves during cigarettes manufacturing process in the British American Tobacco Cigarette Factory (BAT) in Bayreuth, southern Germany. -- Reuters