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Juul Labs laying off about 30% of workforce, WSJ reports

E-cigarette company Juul Labs plans to lay off roughly 30% of its workforce as it seeks to raise capital or sell the company, reported The Wall Street Journal’s Jennifer Maloney. Publicly traded companies in the tobacco products space include Altria Group (MO), British American Tobacco (BTI), Imperial Brands (IMBBY) and Philip Morris (PM).

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