The Supreme Cannabis Company cuts 15 per cent of its workforce

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 99%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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.

A cannabis plant is shown on Tuesday, June 26, 2018. The Supreme Cannabis Company Inc. says it has cut about 15 per cent of its workforce. THE CANADIAN PRESS/ Tijana MartinTORONTO -- 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.Supreme's layoffs follow mass cutbacks in the industry in recent weeks with some experts predicting more to come this year. Aurora Cannabis Inc. recently slashed 500 staff jobs and Tilray Inc. said it would lay off 10 per cent of its workforce.This report by The Canadian Press was first published Feb. 11, 2020.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Supreme Cannabis Company cuts about 15 per cent of its workforce, adopts new structureSupreme’s layoffs follow mass cutbacks in the industry in recent weeks with some experts predicting more to come this year
Source: globeandmail - 🏆 5. / 92 Read more »