Aurora cannabis provides key updates on business transformation plan

Aurora cannabis provides key updates on business transformation plan.aurora cannabis inc - remains on track for positive adjusted ebitda in fiscal q1 2021.aurora cannabis - exiting fiscal q4 2020 at an sg&a run rate of approximately $42 million.aurora cannabis inc - changes include an approximate 25% reduction in aurora's sg&a staff, most with immediate effect.aurora cannabis - has executed material reduction in corporate, production level employees & third-party consulting & professional spending across co.aurora cannabis - approximate 25% reduction in aurora's sg&a staff, most with immediate effect.aurora cannabis inc - changes include approximate 30% reduction in production staff over next two quarters.aurora cannabis inc - has initiated a plan to close operations at five facilities over next two quarters.aurora cannabis - approximate 30% reduction in production staff over next two quarters.aurora cannabis inc - corporate headcount rationalization was undertaken at all levels of company.aurora cannabis - expects to record production asset impairment charges of up to $60 million during q4 2020.aurora cannabis inc - expects part of aurora vie facility in quebec will remain operational to allow for manufacturing of certain higher margin products.aurora cannabis - expects to record a charge of up to $140 million in carrying value of certain inventory.
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