Juul employees are circulating a spreadsheet of laid-off employees - Business Insider

The Juul job cuts represent 16% of its 4,051-person global workforce. A spokesperson for Juul said in a statement that employees will receive severance.

The changes come on the heels of the embattled e-cigarette maker bracing for a hit in sales after announcing pods, its most popular flavor, after research indicated that mint and mango-flavored pods were the top choices for teens. Juul's marketing team has been hit the hardest, a company spokesman confirmed to Business Insider. Under new CEO K.C. Crosthwaite, the company has suspended all broadcast, print and digital product advertising in the US, and the remaining team will focus on direct marketing to adult smokers, said the spokesman. In October, the company's first CMO Craig Brommers left the company.

"The writing was on the wall," another laid-off Juul employee told Business Insider. "People have been having sleepless nights."

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WPP employees are concerned about layoffs stemming from consolidation - Business InsiderSources told Business Insider they expected some downsizing, which is standard practice for agencies. Forrester called the consolidation necessary.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Adtech company IgnitionOne lays off staff while facing an allegation of unpaid bills - Business InsiderAn investment bank alleges in a court filing that IgnitionOne owes Progress Partners more than $590,000 in damages.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Just Capital's 2019 ranking of companies doing good - Business InsiderPaul Tudor Jones' nonprofit ranked the best companies for employees, customers, and communities, and Microsoft came out on top for the second year in a row Microsoft Seriously? This is biased.
Source: BusinessInsider - 🏆 729. / 51 Read more »