Around the Net
E-Cigarette Maker Juul Labs Plans Layoffs
- The Wall Street Journal, Thursday, April 30, 2020 7:21 PM
Juul Labs plans to cut around a third of its staff as it grapples with falling e-cigarette market share and regulatory crackdowns. “The San Francisco company will cut between 800 and 950 of its staff as part of a broader restructuring plan,” according to The Wall Street Journal. “The cuts aren’t related to the coronavirus pandemic…. Blamed for a rise in teenage vaping, Juul is the subject of several federal investigations.”
