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Forum posts for Advice of the Day for February 24th, 2010!

Posted by fanoom on Feb 23, 2010
I'm going to go ahead and disagree with your statement that Canadian Tire is a great company to work for. The controlling company of Part Source, is essentially Canadian Tire. Recently they laid off a bunch of their executives in a single day. Some of them were on the east coast setting up new stores, when they recieved a call, told them to stop doing what they're doing and to arrange for the first flight out of the city they were in.

They were the fastests growing aftermarket auto parts supply chain in Canada. However, every indication when they are firing all their top level employees is that they made mistakes in their market strategy and are hurting badly. These are guys that would have 20-30 years in the industry and have come from other companies.

Hey, I could also be wrong, but this is the news I get from my circles.