Top tobacco company to cut thousands of jobs ^25.3%

Fox Business - By Eric Revell - 6/29/2026, 9:24 PM

Negativity Bias 18.1% - Post Hoc (False Cause) 15.3% - Framing Effect 7.8%

British American Tobacco is planning to cut about 20% of its workforce as it moves forward with using artificial intelligence (AI) to reshape its operations with the goal of lowering costs and boosting profits. The maker of Lucky Strike and Dunhill cigarettes said Monday it plans to cut around 5,500 jobs and outsource about 3,500 roles... more