SEPTEMBER 18, 2021 — LAYOFFS FOLLOWING ACQUISITION OF NORTH AMERICA BRANDS
After conducting a strategic review of its company’s activities, Nestle recently sold its Nestle Waters North America brands, which included Pure Life, Poland Spring, Deer Park, Ozarka, and delivery service ReadyRefresh, in February 2021 for $4.3 billion. The purchaser was One Rock Capital Partners, which renamed the company Blue Triton.
According to a company statement, “As the bottled water industry continues to face an array of headwinds, BlueTriton Brands, now a smaller company, is charting a re-imagined course to thrive amidst changing consumer preferences in a rapidly evolving marketplace.”
To compete successfully, we must continually assess how to effectively allocate and align resources, ensuring we have the right structures and sufficient capacity to do what needs to be done on accelerated time frames.
Accordingly, we have recently taken steps to reorganize our internal structure and realign resources to strengthen key functions. Unfortunately, this process also included eliminating certain positions. We recognize the personal impact of these changes on affected employees, and we are providing transition support, including separation benefits that recognize tenure and their many contributions to the company.”
An unknown number of employees at the company’s Poland and Hollis Maine facilities. The company added, “We do not anticipate reducing production at those facilities.”
AUGUST 27, 2018 — Original post…
As part of a company-wide restructuring effort Stamford, Connecticut-based Nestle Waters North America Inc. has announced that it will be closing its ReadyRefresh distribution facility in Kearny, New Jersey, and laying off 175 employees.
ReadyRefresh distributes brands such as Poland Spring, Perrier, S. Pellegrino, and Nestle Pure Life to home and commercial customers.
Nestle disputes the characterization that the workers are being laid off because they are being assigned to other facilities in Jersey City, New Jersey; Carlstadt, New Jersey; Long Island City, New York, and Elmsford, New York. However, employees who do not choose to relocate will be laid off.
The company’s spokesperson noted, “We are implementing a series of operational changes within ReadyRefresh branch locations serving the New York metropolitan area. These operational changes are part of our business strategy to optimize our delivery process and strengthen our organization for future growth."
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?