Supreme Cannabis cuts about 15 per cent of workforce
February 12, 2020 By The Canadian Press
The Supreme Cannabis Company Inc. says it has cut about 15 per cent of its workforce.
The Toronto-based company says it slashed about one-third of its corporate positions and 13 per cent of operational ones.
The move comes as the company adopts a new structure aimed to accelerate revenue growth in Canada.
Supreme’s layoffs follow mass cutbacks in the industry in recent weeks with some experts predicting more to come this year.
Sundial Growers also cut some of its staff recently.
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