RONA announces new structure, eliminating 500 positions

RONA inc. has just released news of major changes within the organization. In a release yesterday, the company says it will “simplify its organizational structure to strengthen its position on the market and be more efficient.” That includes the elimination of 500 positions within the RONA network in Canada. A time frame was not given.

“In light of the current economic downturn, RONA, like other organizations that recently announced restructurings, needed to adapt to reflect new market realities,” says the release. “The organization firmly believes that its transition plan aimed at positioning RONA as the leader of the Canadian home improvement industry will support its viability and benefit stakeholders in the long run.”

Concerning the job cuts, RONA’s statement said: “Decisions like these are never taken lightly as they impact the organization’s employees and their families. Employees affected by this change will be supported throughout this transition.”

(We are in touch with RONA’s head office and will provide more details, including how many cuts have been made at the Boucherville offices, in Monday’s edition of our Hardlines Weekly Report! This is our flagship publication. If you’re not receiving the Hardlines Weekly Report every Monday morning, you’re not getting the full story. Click here for a free trial and check it out for yourself!)