Juul Labs plans to cut about 500 jobs by year-end, people familiar with the matter say, amid a vaping-related illness and a proposed flavor ban
Juul Labs Inc. plans to cut roughly 500 jobs by the end of the year, according to people familiar with the matter, reversing the embattled e-cigarette maker’s rapid expansion amid a mysterious vaping-related illness and a proposed ban on flavors that make up more than 80% of its U.S. sales.
The cuts are part of a broader reorganization aimed at mending the company’s damaged relationship with regulators. Besides the job cuts, Juul will trim its marketing budget and invest in new ways to reduce underage vaping.
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