US
ITG Brands LLC has confirmed its third round of job cuts for 2019, although the company stressed the latest cut is the smallest.
ITG spokesperson, Matt Smith, said the latest workforce reduction is another part of an organizational restructuring that is reducing the size of its production and sales units by at least 100 each. “The net impact of the job loss is low double digits, which, for an organization our size, are job losses essentially close to the number of new hires,” he added.
“We have created an ITG Brands’ national accounts team and redefined our trade customer marketing group,” Smith said. “We also have created a new area sales structure. To strengthen our field sales team, we are integrating the Fontem (makers of blu E-cigs) sales force with the ITG Brands sales force. This is maximizing our ability to sell the entire portfolio with one point of contact in the field. We are also redesigning our sales areas, regions and divisions.”
The job cuts come after ITG told the NC Commerce Department in October this year that it had made official plans to end production at its Reidsville cigarette-manufacturing plant by December 31, effectively eliminating 110 jobs. The restructuring will result in some field sales roles being eliminated and others created, Smith said.