Acosta is 3 billion dollars in debt...the ceo has stated publicly that he will only concentrate on target,kroger,publix,safeway and heb...that means if you work walmart,c-stores or any other color team...you will be jobless in the near future. ..the only thing that is making them money is mosiac marketing. ..which is advertising. ..not vending....so i would not drive all over for a job that is not going to exist in a year...just make them lay you off or fire you ...dont quit...that way you can at least get unemployment. .big names cant even afford their own salespeople anymore..its just a matter of when the contract ends...than your gone
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Thanks for typing slow, the heads up and good advice. It is appreciated. For some it is alot to take in when their job is on the line.
When do you think Acosta will no longer market Wal-Mart and the vendor employees? I am currently working for Acosta in Fannin County, Texas. Trying to find the latest news on Acosta upcoming layoffs and if Wal-Mart is next
https://foodtradenews.com/2018/12/17/stock-133/
Oh I'm pretty sure that Acosta is in debt since they're doing big group layoffs across the United States every single month this year so far and I was part of one of those groups for March. Don't go to work at this company if you're looking for a long-term job because you won't have it here and you don't get raises Acosta is only good for those going to school that want to make a little extra money. This company won't be around much longer with the way they're doing business. Their competition is putting them out of business.
The article is indeed in print. Having worked for Acosta {2004-2014} this is no big surprise to me. Common sense should start at the top and flow down, not the other way around.
Yes, indeed, Moody's and Food World/Food Trade News has a whole article about Acosta and their latest restructuring plan.
It states that Acosta is $3 billion in debt and their credit rating was downgraded.
It also states, as the OP said, Bas (their latest CEO), is going to concentrate in 5 areas...Target, Kroger, Safeway/Albertsons, Publix & Heb.
Moodys has a whole article about it...but go ahead and make up your own mind...no one cares where anyone works..its your life...don't be a sheep...
You could be anybody, and your motivation for writing the above could be for any reason. I've not found anywhere online saying Acosta is $3B in debt. Maybe, maybe not.
Sorry. Could you type a little slower? You lost me.