Pax lays off 25% of staff after falling short of projections

Pax Labs, the California-based company producing some of the most recognizable vape pens and cartridges.

Monday Pax announced layoffs of 65 employees,25% of its total workforce.

The summer brought a health epidemic which saw multiple states, the president, and the FDA denounce vaping and has shaken some in the industry.

   

Pax, based in San Francisco and originally the owner of the even more embattled e-cigarette maker Juul, didn’t blame the vaping health crisis to the layoffs, instead citing that the company had fallen short of expectations.

In a statement, Pax spokeswoman Dianne Gleason said: “In light of evolving business priorities, we have made the difficult decision to part ways with 65 members of our team, or 25% of the organization, effective (Monday).”