Honest has cut sku’s, repackaged, added products and cut prices for its beauty line.
This is the company’s second settlement over misleading labels in as many months.
Some consumers of The Honest Co. products said they contained the additive sodium lauryl sulfate while packaging claimed otherwise.
Cofounder and former ceo Brian Lee will remain on the company’s board and serve as an adviser.
The business is cutting about 80 positions in the first quarter.