Marlboro is taking a gamble with vaping

[fuseryder]

Came across this article and thought I would share :
http://gizmodo.com/makers-of-marlboro-laying-off-workers-to-invest-in-more-1755701131

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[ej1024]

It's about to happen
Slowly but surely


Vape On

 

[stevegmu]

They aren't laying off workers to have more money to invest in e cigarettes, unless there is a quote from an exec the 'journalist' failed to include. This is what the exec said--



When asked during the call what the company planned to do with the $300 million in savings, [Chief Executive Marty] Barrington declined to offer specifics but did say the company continues to invest in “reduced harm products” such as electronic cigarettes and in its brands.

Continuing to invest in products doesn't equal laying off workers to have extra money to invest in e cigarettes...

 

[fuseryder]

I am more worried about them investing in electronic cigarettes than the layoffs, big tobacco is coming

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