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NY Post
New York Post
23 Aug 2023


NextImg:E-cigarette maker Juul slashing 30% of workforce in bid to cut costs

Juul Labs is planning to lay off 30% of its workforce as it looks to cut costs, the Wall Street Journal reported on Wednesday.

The company plans to lay off about 250 people in its latest round of cuts, reducing its workforce to around 650, the report said.

The company plans to lay off about 250 people in its latest round of cuts.
REUTERS

Woman smokes a Juul e-cigarette

The cuts will reduce operating expenses by $225 million, the Journal reported.
REUTERS

The cuts will reduce operating expenses by $225 million, WSJ reported, citing a company spokesperson.

Juul did not immediately respond to a request for comment.