Juul To Layoff More Than Half Of Its Workforce

The Wall Street Journal reports that an e-cigarette maker is cutting over half of its 2200 employees and is considering withdrawing its products from up to eleven countries, excluding the US, Canada, and the UK. The company aims to focus on combating underage e-cigarette use and other investments.

Who reported on the changes made by the E cigarette maker?

What is the company's stated reason for cutting jobs?