bat tobacco news British American (BAT) is cutting approximately 9,000 jobs, which is about one-fifth of its global workforce of 47,000, according to a report by Bloomberg. The move by is part of Treasury Announces $508 Million Settlement

Treasury Announces $508 Million Settlement with British American Tobacco Largest Ever Against Non Financial Institution U.S. Department of the Treasury British American Tobacco Writes Down Value of Brands by $31 Billion The New York Times 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 INTERNATIONAL REPORT B.A.T's Setbacks in Tobacco The New York Times Affected employees will receive their statutory and contractual entitlements, including retrenchment benefits, where applicable, British American Tobacco (Malaysia) Bhd said in an exchange filing. The filing did not disclose the number of Cigarette maker BAT warns of $31.5B writedown from US brands

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