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Yeah, for big changes like that I think the method pook suggested will lead to rumors. I'd rather hear crappy news at the same time as everyone else from the boss than indirectly as a breakroom rumor.
It's been something like that at my job the last two years as well with bad news upon bad news and cuts and new management and pretty much everything. Unfortunately it's nearly impossible to gather everyone like that, (I work in a grocery store) so most of the info I get is trickled down by rumor. It sucks.
We had a big meeting once when we were bought up, management wanted to drop the news during the meeting but it leaked out a few days before so everyone knew and had thought about it, and when the meeting came a lot of us spoke up with good questions. Maybe that's one way of doing it, call a meeting and let everyone know what's going to be discussed so people can stew over it for a few days. Speaking up at a meeting is not just about having balls, it's about being prepared. Some people can think very fast on their feet but most people need some time to respond to changes like that.
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