Deals
BAT Plans to Cut 2,300 Jobs as Cigarette Makers Retrench
- Industry faces unprecedented disruption as vaping takes off
- Job cuts come five months after Jack Bowles took over as CEO
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British American Tobacco Plc plans to cut 2,300 jobs as cigarette sales decline in major markets and U.S. President Donald Trump vows to tighten restrictions on new alternatives to smoking.