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Juul cuts jobs, considers exiting some markets

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E-cigarette maker Juul Labs is planning to cut jobs and considering pulling out of some international markets.

The company didn't say how many of its 2,200 employees would be laid off, but media reports indicated the number could be around 1,200.

In November 2019, Juul announced a $1 billion cost-cutting plan and 650 layoffs. Additional job cuts were made in April.

Read more from CNN Business.

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