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Juul Plans More Layoffs

By
Cory Weinberg
· · Source: The Wall Street Journal

Troubled e-cigarette maker Juul is planning its second significant round of layoffs this year, as regulation continues to squeeze sales, the Wall Street Journal reported. CEO K.C. Crosthwaite told employees about the impending layoffs in an email Wednesday, but didn’t disclose the size of the cuts. The company already laid off about 1,000 employees earlier this year. Crosthwaite wrote that the...

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Mixed hydroxide precipitate, the go-to feedstock for battery nickel sulfate, on a conveyor belt at Indonesia's Harita Group, which pioneered the process. Photo: Dimas Ardian/Bloomberg
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