ECONOMY: The Juul company will pay 2 billion to its disgruntled employees.

ECONOMY: The Juul company will pay 2 billion to its disgruntled employees.

A few days ago we announced it to you same here : The American cigarette maker Altria, which produces the Marlboro, will buy 35% shares of the manufacturer of electronic cigarettes Juul for 13 billion. In order to anticipate a possible dissatisfaction of the employees, the company Juul decided to unlock an envelope of 2 billion. 


2 BILLION DOLLARS WITH A BREAKDOWN ACCORDING TO THE NUMBER OF SHARES OWNED.


This is the correspondent of Monde in the United States which tells us that Juul will pay $ 2 billion (1,7 billion euros) to its employees. That is, on average, 1,3 million dollars (1,1 million euros) each. The objective would be simple: Prevent their dissatisfaction with seeing their company join the “Big Tobacco” camp, following the acquisition of a significant stake by Altria in its capital. In any case, that's enough to retain them at a defining moment in the history of the young company.

In a communication to his 1 500 collaborators, Kevin Burns (boss of Juul) concedes that the arrival of an investor like this is " counter intuitive "But the operation" will allow us to accelerate our success in converting adult smokers. ". According to Wall Street Journal, the envelope of 2 billion will be divided according to the number of shares of each employee. At Juul, as in the majority of American start-ups, part of the remuneration is paid in shares.

SourceLemondedutabac.com/

Com Inside Bottom
Com Inside Bottom
Com Inside Bottom
Com Inside Bottom

About the Author

Passionate about journalism, I decided to join the editorial team of Vapoteurs.net in 2017 in order to mainly deal with vape news in North America (Canada, United States).