Aurora to layoff 12% of workforce amid reorganization

Aurora Cannabis Inc. says it is laying off 12 percent of its workforce as the company embarks on a reorganization.

The Edmonton-based cannabis company confirmed the cut in an email to The Canadian Press but did not share how many workers would be impacted, what roles they were in, or where they were located.

Spokesperson Kate Hillyar says the reorganization will allow Aurora to operate as a leaner, more agile, and future-focused company it feels will be fit for success.

She says the cuts are part of an additional $70 to $90 million in cost savings Aurora identified in its third-quarter earnings as key to its path to profitability.

To read the complete article, go to www.bnnbloomberg.ca


Publication date:



Receive the daily newsletter in your email for free | Click here


Other news in this sector:


Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber