Imperial Brands, a British tobacco firm, is preparing to cut thousands of jobs in key markets, including the United States and Europe, to reduce costs, according to a report by Bloomberg News.
Job Cuts
The first phase of layoffs will affect staff working in human resources, finance, and procurement and supply chain at the company’s unit ITG Brands, which covers the US, the Dominican Republic, and Puerto Rico.
The second phase will target the unit’s legal, marketing, and insights and intelligence teams, with affected employees scheduled to be notified in April and cuts to begin mid-year.
A company spokesperson stated, ‘Over time, the changes we are making will have an impact across our global market footprint.’ However, the company did not provide details on the number of jobs affected.
Imperial Brands, which employed about 25,800 staff globally at the end of 2025, has been facing a terminal decline in traditional cigarettes and mounting regulatory challenges.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.