Imperial Brands to Cut Thousands of Jobs in US and Europe

Management

โดย Reuters·

Summary · why it matters

British tobacco giant Imperial Brands is reportedly preparing to cut thousands of jobs across key markets including the United States and Europe as part of cost reduction efforts. The first phase of the cuts will target human resources, finance, and procurement and supply chain functions at its subsidiary ITG Brands, which covers the US, the Dominican Republic, and Puerto Rico. The second phase will affect legal, marketing, and insights and intelligence teams at the same subsidiary. Affected employees will be notified in April, with the reductions set to begin mid-year. Some of ITG Brands' operations are expected to be outsourced to strategic partner Capgemini of France by the end of the year. A company spokesperson said in a statement that the changes being made will gradually impact the entire global market, but did not disclose the exact number of people affected. As of the end of 2025, Imperial Brands had approximately 25,800 employees worldwide.