Juul Laying Off 30% Of Its Workers

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

The cuts will reduce operating expenses by $225 million I Photo: Vaping360 Flickr

The company plans to lay off about 250 people in its latest round of cuts, reducing its workforce to around 650, Reuters also reported.

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.

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