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159 new news items in the last 24 hours
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  2. Economy

British American Tobacco will lay off 5,500 employees and will move 3,500 positions to foreign companies, affecting 9,000 jobs.

Emese Grancsa
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29 June 2026, 10:23
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The multinational tobacco producer British American Tobacco (BAT) announced in a statement that it will lay off 5,500 employees and transfer 3,500 positions to external firms, including Accenture, which will affect a total of 9,000 jobs. The layoffs do not apply in the United States, the company's largest market.

The changes have been discussed with employees, and the remaining consultations are taking place in accordance with local regulations. By 2028, the cost-cutting program could generate annual savings of 600 million pounds. In Romania, BAT reported a turnover of 5 billion lei in 2025, an increase of 5%, but with a declining net profit.

The company paid over 11.5 billion lei in taxes and excise duties in 2024, significantly contributing to the local economy. BAT Romania is pursuing a reorganization to become more efficient, committing to remain in the Romanian market. Additionally, Dragoș Constantinescu has been appointed CFO and Executive Director of the group starting September 1, 2026.

Sources

sursa imagine
Economica
Gigantul British American Tobacco vrea să concedieze 20% din forţa sa de muncă la plan global. Ce afaceri are BAT în România
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Ziarul Financiar
Gigantul tutunului British American Tobacco taie 9.000 de locuri de muncă la nivel global, inclusiv în România, pe fondul scăderii cererii pentru ţigările tradiţionale
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independent.co.uk
British American Tobacco to cut 9,000 jobs to slash costs
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The Guardian EU
British American Tobacco to slash 9,000 jobs as it turns to AI
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Antena3
Concedieri în masă la British American Tobacco. Compania va renunța la 20% din forţa sa de muncă: Mii de angajați rămân fără joburi

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