BTTR - Better Choice lays off 25% of its workforce
- Pet health and wellness company Better Choice ( NYSE: BTTR ) said Thursday it is streamlining operations and cutting jobs, which will help save the company about $2.2 million annually.
- The reduction is expected to impact about 25% of the current workforce, Better Choice said.
- "This reduction, combined with the elimination of the COO role, will lower the cost structure of the business substantially in 2023, while also providing cost benefits in future years,” Interim CEO Lionel Conacher said.
- Press Release .
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Better Choice lays off 25% of its workforce