R.J. Reynolds Tobacco Holdings.
| Position | Regional Report: Triad - Tobacco company plans to cut work force, sell two divisions - Brief Article |
WINSTON-SALEM -- R.J. Reynolds Tobacco Holdings plans to cut its work force by 635, about 8%, in the first half of 2003. It also plans to sell a packaging division and a botanical-extraction division. Reynolds took a $235 million restructuring charge in its fourth quarter because of the cost-cutting moves. The...
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