{"id":60535,"date":"2020-09-04T20:11:00","date_gmt":"2020-09-04T17:11:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/juul-to-slash-more-than-half-its-workforce-with-1200-job-cuts\/"},"modified":"2020-09-04T20:11:00","modified_gmt":"2020-09-04T17:11:00","slug":"juul-to-slash-more-than-half-its-workforce-with-1200-job-cuts","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/juul-to-slash-more-than-half-its-workforce-with-1200-job-cuts\/","title":{"rendered":"#Juul to slash more than half its workforce with 1,200 job cuts"},"content":{"rendered":"

“#Juul to slash more than half its workforce with 1,200 job cuts<\/strong>”<\/p>\n

\n
\n
\n

September 4, 2020 |<\/span> 1:11pm <\/p>\n

\n Juul said it would make a \u201csignificant\u201d cut to its global workforce and explore pulling out of some European and Asia-Pacific markets to save cash and weather a tumultuous period for the e-cigarette industry.<\/p>\n

The company, partly owned by Marlboro maker Altria Group, is planning to lay off about 1,200 employees, more than half its workforce, the Wall Street Journal reported, citing people familiar with the matter.<\/p>\n

\u201cNo final decisions have been made and we will continue to go through our evaluation process,\u201d a Juul spokesman said Thursday.<\/p>\n

E-cigarette sales have slowed in the US, Juul\u2019s home market, as increased regulatory scrutiny following a rise in teenage vaping and a ban on the sale of popular flavors have hit demand.<\/p>\n

\u201cIt has seemingly become even easier to sell combustible cigarettes than vapor products,\u201d Juul said in a blog post.<\/p>\n

Altria\u2019s 35 percent stake in Juul, valued at $12.8 billion in December 2018, dwindled to about $4.2 billion at the end of last year.<\/p>\n

Juul said some European and Asia Pacific markets had not provided enough return to justify additional investments. The company pulled out of South Korea this year after it failed to gain traction amid government health warnings.\n <\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

\n

If you want to read more Business News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

\n

if you want to watch Movies<\/a> or Tv Shows go to Dizi.BuradaBiliyorum.Com<\/a> <\/span> for forums sites go to Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Juul to slash more than half its workforce with 1,200 job cuts” September 4, 2020 | 1:11pm Juul said it would make a \u201csignificant\u201d cut to its global workforce and explore pulling out of some European and Asia-Pacific markets to save cash and weather a tumultuous period for the e-cigarette industry. The company, partly owned…<\/p>\n","protected":false},"author":1,"featured_media":60536,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[64700,64699],"class_list":["post-60535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-200-job-cuts","tag-juul-to-slash-more-than-half-its-workforce-with-1"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/60535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=60535"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/60535\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/60536"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=60535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=60535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=60535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}