BAT stubs out 2,300 jobs as new CEO tackles tobacco sector changes
Shares of the second-largest tobacco company by sales were up 1.6 %, the biggest boost to the broader FTSE index
The move by BAT, which employed more than 56,000 people at the end of last year, 629 of them senior managers, comes a day after President Donald Trump said that the U.S. would remove all flavored e-cigarettes from shelves, as officials warned millions of children had been drawn into nicotine addiction.
There has been growing concern on the safety of vaping after health officials reported 450 cases of vaping-related lung illness and six deaths linked to its use in the United States.
) Juul to capture nearly three-quarters of the new market.
It expects the business to generate constant currency revenue of 1.19 billion-1.375 billion pounds this fiscal year.Read more: Reuters Top News
Meet the 300-Pound Sprinter Who Could Beat You in a Race“The team’s MC tells me that people start screaming and cheering from their seats and it gets electric as soon as I turn it on and as I pass the person and as I cross the line.”
Opinion: California's GOP is so desperate it's going to bat for anti-vaccine uber liberalsOpinion: California's GOP is so desperate it's going to bat for anti-vaccine uber liberals (via latimesopinion) opinion Gavin Newsom is the anti vaxxer this is propaganda opinion Of Feck off! 🤦🏽♀️ opinion Opinion: the LA Times writer for this article must be a leftist.
Bugatti's new $3.9 million hypercar broke a world record for going over 300 miles per hour — now it's for saleThe Bugatti Chiron Super Sport 300+ set a record for the fastest hypercar ever, the company announced in September. Now, 30 of them are for sale. 'it will be electronically limited to 273.4 mph' :( The yearly oil change only costs $34,000. What a deal!
British American Tobacco to cut 2,300 jobs by Jan 2020British Am erican Tobacco Plc said on Thursday it would lay off 2,300 employees g... Oh no, what will give us lung cancer if they go bankrupt?! 😰 Recessions is coming
Blink-182 were goof-punks with cute videos. Twenty years later, they're having the last laughDespite a tumultuous lineup change in 2015, the trio remain a rock staple, and their new album tackles modern sounds and the plague of mass shootings. Nobody likes you when you're 43
U.S. Job Openings Cool in Slowing Labor MarketThe number of job openings decreased in July from a year earlier for the second consecutive month, underscoring slowing demand for new workers, though opportunities remain plentiful for job seekers. It could also be a sign of a continued push into automation. Productivity on a per employee basis continues to increase, meaning they can get a whole lot more out of each employee.What's the point in hiring 10 people when you can hire 1 with automated assistance and get the same? Reflect the voice of Abi Sahar's daughter FifaStandUp4Sahar Republicans destroy the economy every time they’re in power. When will we learn?