British American Tobacco stubs out 2,300 jobs, vaping casts cloud | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

British American Tobacco stubs out 2,300 jobs, vaping casts cloud

Despite the job cuts by the British American Tobacco, US decision to ban flavoured e-cigarette products will throw off its plans. – AFP file pic, September 12, 2019.

BRITISH American Tobacco today said it planned to cut 2,300 jobs globally by January as its new boss seeks to drive revenues in controversial e-cigarettes. “My goal is to oversee a step change in new category growth and significantly simplify our current ways of working and business processes, whilst delivering long-term sustainable returns for our shareholders,” chief executive Jack Bowles said in a statement.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BAT plans 2,300 job cuts as tobacco companies face pressureGENEVA: British American Tobacco Plc plans to cut 2,300 jobs as cigarette sales continue to decline in major markets and US President Donald Trump vows to tighten restrictions on new alternatives to smoking.
Source: staronline - 🏆 4. / 75 Read more »

US to ban flavoured-vaping products | The Malaysian InsightMove follows spate of lung disease linked to e-cigarettes.
Source: msianinsight - 🏆 8. / 63 Read more »

What's new on The Malaysian Insight on 09/12/2019
Source: msianinsight - 🏆 8. / 63 Read more »

What's new on The Malaysian Insight on 09/11/2019
Source: msianinsight - 🏆 8. / 63 Read more »

Renewed call to ban vaping, e-cigarettes in MalaysiaPETALING JAYA: The previous Cabinet had rejected a Health Ministry proposal to ban vaping and e-cigarettes four years ago. Now, there are renewed call...
Source: theSundaily - 🏆 25. / 51 Read more »

Met Dept starts cloud-seeding exercises in S'wak to combat hazePETALING JAYA: The Malaysian Meteorological Department (MetMalaysia) is now conducting cloud-seeding exercises in Sarawak in an effort to combat the haze.
Source: staronline - 🏆 4. / 75 Read more »