Aurora Cannabis Layoffs Continue In Effort To Improve Balance Sheet
This comes two weeks after halting operations at one of its facilities in Alberta
Aurora Cannabis Inc. started this year with serious layoffs, and it seems it will end it in the same manner.
The Canadian cannabis giant revealed this week that it had to close activities at its Aurora Sun facility and opted to reduce the production at its flagship Aurora Sky facility by 75%.
Per Marijuana Business Daily, Aurora’s reducing production to 25% at Aurora Sky led to the company terminating around 200 employees.
This move comes just two weeks after Aurora announced halting operations at one of its facilities in Alberta, which resulted in about 30 layoffs.
In June, Aurora laid off 700 workers and disclosed plans to shut activities at several facilities, including those in Saskatchewan, Ontario, Alberta and Quebec.
Aurora started to reduce its workforce even earlier this year when in February cut around 340 jobs.
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