Aurora Cannabis Inc. is reorganizing its European operations and cutting some jobs.
The Edmonton-based cannabis company says in an email to The Canadian Press that the layoffs will amount to a one-quarter workforce reduction in select countries and in a regional office.
Spokeswoman Laura Gallant refuses to specify exactly how many workers or which specific offices are impacted, but says the decision is part of Aurora's restructuring it announced in February. The restructuring aims to help Aurora better align its international operations with current market conditions and has already caused more than 1,000 employees to be laid off and more than five Aurora sites to be closed.
The company says it will also fully acquire its Aurora Nordic Cannabis A/S facility in Odense, Denmark, which it will use to ramp up operations over the next 12 months and meet demand in the European medical cannabis market. Mads Ulrik Pedersen, who is currently CEO of Aurora Nordic, has been appointed president of the European organization effective immediately and will oversee a new growth strategy.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Aurora Cannabis to cut jobs in EuropeThe Edmonton-based cannabis company said the layoffs will amount to a one-quarter workforce reduction in select countries and in a regional office.
Read more »
Tall Canadian Celebs Can Help You Keep Your DistanceJust picture Ryan Reynolds lying down on the sidewalk between you and someone else.
Read more »
Aurora Cannabis to cut jobs in EuropeThe Edmonton-based cannabis company said the layoffs will amount to a one-quarter workforce reduction in select countries and in a regional office.
Read more »
Three dead, several critically injured after bus rollover in Canadian Rockies near Jasper, say RCMPA sight-seeing bus near Athabasca Glacier rolled off the road, number of people injured unclear
Read more »
Three dead, several critically injured after bus rollover in Rockies near Jasper, Alberta: RCMPA sight-seeing bus near Athabasca Glacier rolled off the road, number of people injured unclear
Read more »
Off-duty Abbotsford cop in critical condition after intervening in Nelson incidentOff\u002Dduty Abbotsford cop in critical condition after intervening
Read more »