Juul to cut $1 billion in costs as new CEO aims for reboot

Juul to cut $1 billion in costs as new CEO aims for reboot

Juul Labs will cut nearly $1 billion in costs next year, a company official said on Tuesday. This comes as new CEO K.C. Crosthwaite tries to turn around the e-cigarette maker following a regulatory crackdown. The official also said Juul would cut around 650 jobs, or 16% of its 4,051 strong workforce, starting Tuesday.

KCooper
KCooper
Sir_Kutz
Sir_Kutz 4 months

Fuck Juul. Terrible company with terrible business practices that cared more about a quick buck than strengthening the vape industry.

ConcealCarryProtect
ConcealCarryProtect 4 months

Boomers: Dont smoke Also boomers: candy flavored vape. GenZ: Pass me the juuuul

IvoryDove
IvoryDove 4 months

This is what happens when you sell a product designed to kill your customers.

Edward Williams
Edward Williams 4 months

Yay!

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