bat tobacco news shares fall after it fails to lift guidance on US vape boost British American Tobacco (BATS.L) plans

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 British American Tobacco (BAT) has announced plans to cut around 9,000 jobs globally as part of a major restructuring strategy aimed at simplifying its operations and reducing costs. The move comes as Lucky Strike maker BAT to axe 5,500 jobs worldwide in 695m cost drive Euronews British American Tobacco cutting 5,500 jobs as part of restructuring INTERNATIONAL REPORT B.A.T's Setbacks in Tobacco The New York Times

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