Imperial Brands is preparing to cut thousands of jobs in several key markets, including the United States and Europe, as part of a broader restructuring and cost-cutting plan, according to people familiar with the matter and reported by multiple outlets.
Bloomberg reports that the company is pursuing a sweeping drive to reduce expenses and that layoffs are expected to affect “thousands” of roles in the US and Europe. NDTV similarly says thousands of positions are at risk across the US, UK, and Europe as the company restructures. Seeking Alpha also reports that Imperial Brands is preparing for another round of job cuts in Europe and the US, though it does not provide additional quantified details in the excerpt provided.
Across coverage, the common theme is the scale (“thousands”) and the geography (the US and Europe). The outlets differ mainly in emphasis and scope, with some explicitly including the UK in the affected regions. None of the provided summaries specify exact numbers, timing, or the specific business units affected.