In the past few months alone, the vaping company parted with key leadership and cut more than 15 percent of its workforce in a two-pronged effort to win back the trust of federal regulators and save money heading into fiscal year 2020.
Juul Labs is considering parting with the $400 million San Francisco tower it just bought, according to reporting by the, while the company continues to adapt to a widening crackdown on its products by the Food and Drug Administration .
Among those priorities: launching Juul products in international markets while decreasing their widespread use among U.S. children, according to company statements. On many counts, it's been a rough year for Juul, formerly the third-fastest growing startup in the world. To help keep up, here's a timeline of the company's financial fallout, run-ins with health departments and resulting cuts to flavors, marketing and U.S. jobs.
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Juul bought a San Francisco office tower for $400 million. It's reportedly considering selling it just four months later.Juul, the embattled e-cigarette startup, bought a San Francisco office tower for $400 million. It's reportedly considering selling it just four months later.
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Juul bought a San Francisco office tower for $400 million. It's reportedly considering selling it just four months later.Juul, the embattled e-cigarette startup, bought a San Francisco office tower for $400 million. It's reportedly considering selling it just four months later.
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