Aurora Cannabis laying off 12% of workers, reorganizing
Edmonton-based Aurora Cannabis is laying off 12 per cent of its staff as it seeks to reorganize.
The Canadian cannabis company identified the slash in jobs via an email to The Canadian Press on Wednesday. The exact number of employees and roles affected are not known. There are no details on which of the company’s locations are impacted.
Kate Hillyar, spokesperson for Aurora, said the reorganization will allow the company to be more agile and “future-focused”.
It is believed the job cuts will bring $70 million to $90 million in cost savings for the employer, and help it on its journey to profitability.
Previous closures
Aurora Cannabis closed three facilities earlier this year, including one in Edmonton and another in British Columbia. The former location housed 13 per cent of its entire workforce.
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Severance packages
Employees at Aurora Cannabis are owed severance pay when they lose their jobs due to downsizing or corporate restructuring. Severance can be as much as 24 months’ pay, depending on numerous factors.
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Before you accept any severance offer, have an experienced employment lawyer at Samfiru Tumarkin LLP review it and your employment contract. We can tell you if what you have been provided is fair, and how to get proper compensation if it falls short of what you are actually owed. If you aren’t given the full amount (which happens often) you have been wrongfully dismissed and are entitled to compensation.