HEXO Hands Out Pink Slips, Delays Earnings Release

HEXO (NYSE: HEXO) is reducing its employee numbers. The company announced Thursday that it's eliminating roughly 200 jobs due to what it terms "a changing market and regulatory environment."

The company said the job cuts are being made throughout its locations and departments in an attempt at "rightsizing its operations." These reach into the executive level: HEXO's chief manufacturing and chief marketing officers have departed.

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Source Fool.com