Cott says to refocus business, cut jobs

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Thu Jun 19, 2008 8:10am EDT

(In U.S. dollars)

TORONTO, June 19 (Reuters) - Cott Corp (BCB.TO) said on Thursday that it is refocusing its business and will combine some executive positions and eliminate other jobs for total savings of between $39 million and $43 million a year.

Severance costs will amount to some $6 million to $8 million, the Canadian soft drink maker said. (Reporting by Leah Schnurr; editing by Janet Guttsman)

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