Juul Plans to Lay Off 250 Workers in Round of Job Cuts (1)

Juul Labs Inc. plans to lay off 250 workers as the embattled vape maker faces fresh litigation and a trade complaint as it seeks new sources of cash.

The job cuts will result in a reduction of $225 million to the company’s operating expenses, according to a spokesperson. The Wall Street Journal earlier reported the company seeks to lay off about 30% of its workforce.

On its website, the company said the changes are “aimed at reducing our operating costs and positioning us to continue to advance our mission during a period of regulatory and marketplace uncertainty.” The goal ...