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Jump to full article: The Washington Post, 2008-06-19
Author: JANE WARDELL
Intro: Imperial Tobacco Group PLC said Thursday that it plans to slash its work force by around 6 percent as part of its restructuring plans after its recent takeover of Spanish rival Altadis SA.
Imperial, Europe's second largest tobacco company, said it will close six of its 58 factories around the world and "reorganize operations at a number of other sites." Two of the plants being closed are in France and there is one each in Britain, Germany, Spain and Slovakia.
The maker of brands including Lambert & Butler, West and Gauloises said the plans are an attempt to address overcapacity and improve efficiencies in a "challenging and highly regulated operating environment."
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