Vaping giant Juul is cutting staff in corporate restructuring as scrutiny intensifies

Business

James Monsees, co-founder and chief product officer at JUUL Labs Inc., appears before the House Economic and Consumer Policy Subcommittee which is examining JUUL’s role in the youth nicotine epidemic, on July 25, 2019 in Washington, DC.

Mark Wilson | Getty Images News | Getty Images

Vaping giant Juul Labs plans to restructure and cut back its staff as state, federal and international health regulators pull its fruit flavored pods off store shelves amid a public health crisis, the Wall Street Journal reported.

The company is eliminating some of it’s 3,900 employees, slowing hiring and reviewing its current job postings the WSJ reported, citing sources familiar with the matter.

This story is breaking. Check back for updates.

Articles You May Like

Here’s the inflation breakdown for August 2026 — in one chart
NFL Commissioner Roger Goodell says league could rework TV packages in next media deal
Social Security COLA for 2027 may be 3.5% to 3.6%, new estimates show — the highest in 3 years
Here is what changed in the new Fed statement under Warsh
Novo CEO tells CNBC why drugmaker is rebranding, needs to ‘rethink’ obesity strategy

Leave a Reply

Your email address will not be published. Required fields are marked *