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.
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