The Edmonton, Alberta-based cannabis giant confirmed in an email to Marijuana Business Daily that the cutting of 12% of its global workforce will result in additional cost savings worth up to CA$90 million ($69 million).
“Today we delivered against that commitment as we announce a corporate reorganization that will allow Aurora to operate as a leaner, more agile, and future-focused company, fit for success in the evolving global cannabis industry,” a spokesperson said Tuesday. “Aurora continues to make substantial improvements to our business as we work through the phases of our transformation plan, designed to deliver shareholder value, and secure Aurora’s future as a leading global cannabis company.”
Aurora’s ‘Business Transformation Plan’
For over two years, the company has been undertaking its 'business transformation plan' …