Aurora Cannabis to lay off staff, close five sites, take impairment charges
EDMONTON – Aurora Cannabis Inc. is continuing to restructure with more layoffs, facility closures and impairment charges.
The Edmonton-based cannabis company says it will reduce its selling, general and administrative workforce by 25 per cent immediately.
Another 30 per cen of production staff will be laid off from the company over the next two quarters.
Aurora has also decided to cease operations at five facilities over the next two quarters in order to focus production and manufacturing at the company’s larger scale and more efficient sites.