0
0
0
s2sdefault

Juul Labs plans to cut about 500 jobs by the end of the year as part of a broader reorganization plan aimed at repairing the company’s relationship with regulators. The e-cigarette giant will also cut its marketing budget and invest in ways to limit underage vaping. In a statement to CNBC, the company said the cuts were part of a broad review of the company’s practices and policies by its CEO K.C. Crosthwaite.