“Juul Labs is planning another major restructuring effort that includes layoffs and cost cutting. The e-cigarette maker is also considering halting sales in Europe and Asia, reducing its footprint to its core markets of the U.S., Canada and the U.K. The bulk of the cuts will hit Juul’s marketing department. Juul said it would cut 150 jobs and phase out the position of chief marketing officer, adding to 500 reductions announced in October. In total, the company is slashing 650 jobs, or 15 percent of its global workforce.”
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Juul to Cut Jobs, Consider Exit from Europe and Asia
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