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Tag Archives: pipes

Tobacco group Altadis cuts staff, sales up in smoke

Written on June 5, 2013 at 1:37 pm, by

Franco-Spanish tobacco group Altadis announced Wednesday it will axe nearly 10 percent of its staff in Spain as cigarette sales slump in the face of no-smoking bans and a booming black market in the recession-hit country. Altadis, an offshoot of British-based Imperial Tobacco, will shed 114 of its 1,400 employees in Spain, mostly through early […]