Toronto, Canada – Rumors of coming cuts to Cott Corp’s current employee roster, across the full spectrum of the troubled soft drink producers many divisions, were heard grinding the rumor mill in the employee locker room of the world’s largest producer of store-branded carbonated soft drinks for groceries and other retailers, mostly in the United States , Canada and Mexico.
This comes after Cott recently parted ways with former CEO Brent Willis, after the corporation was informed by Wall-Mart, its largest customer that it was going to loose some of its valuable shelf-space and merchandising support at the world’s number one retailer, and the recent appointment of Director David Gibbons to the empty post of CEO at the corporation.
Rumors floating around the corporations have employees doubting the new CEO and dreading any plans he might have for cutting costs at the corporation.
Nobody at the company could be contacted, despite repeated attempts, they are probably busy planning the demise of thousands of highly trained and valued employees, and may want to hold off on any announcement until Thursday, when they have a scheduled meeting of the board.
In conclusion, Cott has been the talk of troubled waters lately, but they have been awful quiet about the whole affair, you’d think they would at least implement a policy of commenting to try to alleviate the current stress being experienced by many of their worried employees, but then maybe they don’t expect to have to deal with many of these employees soon.
