Juul to Cut More Jobs, Explore Exiting Europe and Asia

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E-cigarette maker Juul Labs Inc. said it is planning another significant round of layoffs and considering halting sales across Europe and Asia. That could mean pulling out of as many as 11 countries and shrinking the startup’s footprint to its core markets of the U.S., Canada and the U.K.

Juul cut about one-third of its 3,000 workers earlier this year and already has halted sales of its vaporizers in several countries. The once fast-growing company has been scaling back its operations to combat a sharp drop in sales. It currently…



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