British American Tobacco (BAT)

“cut 5,500 jobs worldwide.”

“around 3,500 positions outsourced to third parties”

“roughly 9,000 staff, close to a fifth of its 47,000 workers.”

“save £600 million (€695m) a year by 2028.”

“£500 million (€580m) in cuts the company had already pencilled in for 2027.”

“drawing half its revenue from these newer lines by 2035.”

“British American Tobacco (BAT), the London-listed maker of Lucky Strike and Dunhill, said on Monday that it will cut 5,500 jobs worldwide.”