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A new large company, also present in Romania, announces that it is going to lay off 20% of its staff
RO💼 Business6 days ago

A new large company, also present in Romania, announces that it is going to lay off 20% of its staff

British American Tobacco (BAT), a major tobacco company present in Romania, has announced plans to reduce its workforce by approximately 20%, affecting around 9,000 employees globally through layoffs and outsourcing. The restructuring aims to cut costs and increase profitability using artificial intelligence, driven by challenges such as tobacco regulations and delayed product launches. The company expects annual savings of £600 million by 2028, with £500 million targeted by 2027. The changes include eliminating 5,500 jobs and outsourcing 3,500 positions to third-party firms like Accenture. This move comes amid slow growth in traditional tobacco sales, which are declining, prompting BAT to shift focus toward alternatives like e-cigarettes and nicotine pouches. However, the company faces competition from rivals like Philip Morris International.

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HotNews logoHotNewsIndependentCenter6 days ago
A new large company, also present in Romania, announces that it is going to lay off 20% of its staff

British American Tobacco (BAT), a major tobacco company present in Romania, has announced plans to reduce its workforce by approximately 20%, affecting around 9,000 employees globally through layoffs and outsourcing. The restructuring aims to cut costs and increase profitability using artificial intelligence, driven by challenges such as tobacco regulations and delayed product launches. The company expects annual savings of £600 million by 2028, with £500 million targeted by 2027. The changes include eliminating 5,500 jobs and outsourcing 3,500 positions to third-party firms like Accenture. This move comes amid slow growth in traditional tobacco sales, which are declining, prompting BAT to shift focus toward alternatives like e-cigarettes and nicotine pouches. However, the company faces competition from rivals like Philip Morris International.

Bias read (Center): The article reports on a corporate restructuring decision by a multinational company, focusing on economic and operational factors rather than political issues, policies, or elected officials. There is no evident framing bias, as the content presents factual information about the company’s strategic

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