Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Juul reaches financing deal, plans to cut 30% of jobs to dodge bankruptcy

Por: CNBC Business November 11, 2022

thumbnail

Packages of Juul e-cigarettes are displayed for sale in the Brazil Outlet shop on June 22, 2022 in Los Angeles, California.Mario Tama Getty ImagesJuul Labs said Thursday it secured financing from early investors, as it made plans to lay off nearly a third of its staff in a bid to avoid bankruptcy.Today, Juul Labs has identified a path forward, enabled by an investment of capital from some of our earliest investors, a Juul spokesperson told CNBC.... + full article



Similar News

Juul to avoid bankruptcy, laying off hundreds of workers

The Hill USA Health November 15, 2022

thumbnailElectronic cigarette company Juul Labs Inc. has found a way to avoid bankruptcy through a cash infusion from its early investors, with the new plan involving a round of layoffs. “Today, Juul Labs has identified a path forward, enabled by an investment of capital from some of... + más

Vaping company Juul announces layoffs amid growing setbacks | Associated Press

Vaping company Juul cuts 400 jobs amid growing setbacks | ABC News


Juul slashes 400 jobs as embattled vaping company faces growing setbacks

Fox Business USA Business November 11, 2022

thumbnailCheck out what's clicking on FoxBusiness.com Amid a growing , and increased competition, embattled vaping company Juul Labs is reportedly laying off hundreds of employees. A person familiar with the plan told The Associated Press the layoffs include 400 staffers and are... + más

Vaping company Juul announces layoffs amid growing setbacks | Associated Press

Vaping company Juul cuts 400 jobs amid growing setbacks | ABC News


Vaping company Juul cuts 400 jobs amid growing setbacks

ABC News USA Health November 11, 2022

thumbnailWASHINGTON -- Embattled vaping company Juul Labs announced hundreds of layoffs Thursday as the company weathers lawsuits, government bans and increasing competition for its electronic cigarettes. Juul said it has obtained new financing to stay in business and continue... + más

Vaping company Juul announces layoffs amid growing setbacks | Associated Press

Juul slashes 400 jobs as embattled vaping company faces growing setbacks | Fox Business


Vaping company Juul announces layoffs amid growing setbacks

Associated Press USA Business November 10, 2022

thumbnailWASHINGTON (AP) — Embattled vaping company Juul Labs announced layoffs Thursday as the company tries to weather growing setbacks to its electronic cigarette business, including lawsuits, government bans and increasing competition.Juul also said it has obtained new financing... + más

Vaping company Juul cuts 400 jobs amid growing setbacks | ABC News

Juul slashes 400 jobs as embattled vaping company faces growing setbacks | Fox Business


Altria and Juul end noncompete deal: Here's what that means for e-cigarette sales and marketing

MarketWatch USA Business October 01, 2022

thumbnailAltria paid the $12.8 billion in 2018 to acquire a 35% stake in Juul, which was valued at about $35 billion at the time. The stake has steadily lost value as Juul has drawn regulatory scrutiny for flavors and marketing that were blamed for a spike in teenage vaping. In early... + más

How McKinsey Got Into the Business of Addiction | The New York Times

Maine to walk away from multimillion dollar Juul settlement | Portland Press Herald


Maine to walk away from multimillion dollar Juul settlement

Portland Press Herald USA Business September 24, 2022

thumbnailThe Maine Attorney General’s Office on Friday decided to walk away from an $11 million agreement with electronic cigarette manufacturer Juul after objecting to certain conditions from the company. Maine was set to receive about between the manufacturer and 33 states and... + más

Maine opts out of $440M multistate settlement with Juul | Associated Press

Juul will pay $438.5 million to states over youth vaping investigation | The Verge


Juul will pay $438.5 million to states over youth vaping investigation

The Verge USA Health September 24, 2022

thumbnailJuul will pay $438.5 million to states over youth vaping investigationJuul will pay $438.5 million to states over youth vaping investigation / Juul says it’s ‘focused on the future’p>span:first-child]:text-black text-blurple>By Sep 6, 2022, 8:24 PM UTC Share this story... + más

Maine to walk away from multimillion dollar Juul settlement | Portland Press Herald

How McKinsey Got Into the Business of Addiction | The New York Times



About iurex | Privacy Policy | Disclaimer |