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Imperial Brands prepares for a round of job cuts in Europe and the U.S. (IMBBY:OTCMKTS)

Imperial Brands (IMMBY) plans major U.S./Europe job cuts to lower costs amid falling cigarette demand.

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Imperial Brands prepares for a round of job cuts in Europe and the U.S. (IMBBY:OTCMKTS)
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Imperial Brands (IMMBY) plans major U.S./Europe job cuts to lower costs amid falling cigarette demand.

Imperial Brands prepares for a round of job cuts in Europe and the U.S. (IMBBY:OTCMKTS) | Seeking Alpha

koyu/iStock via Getty Images

Imperial Brands (IMMBY) is preparing to cut thousands of jobs across Europe and the U.S. as part of broad restructuring aimed at lowering costs, according to Bloomberg. The company has not publicly confirmed the final number of positions to be eliminated, the affected business units, or a

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