Aurora Hashish says it’s shedding 12 per cent of its workforce as the corporate embarks on a reorganization.

The Edmonton-based hashish firm confirmed the lower in an e mail to The Canadian Press, however didn’t share what number of employees could be impacted, what roles they have been in or the place they have been positioned.

Spokesperson Kate Hillyar says the reorganization will permit Aurora to function as a leaner, extra agile and future-focused firm it feels shall be match for fulfillment.

She says the cuts are a part of an extra $70 to $90 million in value financial savings Aurora recognized in its third-quarter earnings as key to its path to profitability.

A number of hashish firms, together with Aurora, have been overhauling their operations to higher align provide with demand in hopes of changing into worthwhile within the subsequent few years.

Earlier this yr, Aurora introduced it would shut three amenities, together with one in Edmonton, the place 13 per cent of its world workforce was employed.

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