Printer Friendly

Acxiom won't talk about layoff rumors.

Officials at Acxiom Corp. would not comment last week on rumors that it is laying off a significant number of workers as part of corporate restructuring.

Dale Ingram, Acxiom's spokesman, said the company does not comment on rumors.

Word from inside the company is that Acxiom has been dismissing workers since March 20, with more layoffs to come on March 30. It was unclear how many workers would lose their jobs or where Acxiom would make cuts.

The information management services company's last major layoff took place in June 2001, when the company let go 412 workers, or about 7 percent of its work force, reduced salaries by at least 5 percent and cut expenses in advertising, marketing, incentives and travel.

In February, Alltel Corp. laid off about 600 workers nationwide, resulting in a net loss of about 90 jobs in Little Rock. The telecommunications firm made the cuts alter a yearlong internal analysis of Alltel's operations, which identified duplication among corporate and regional employees.

Acxiom is in the process of buying Consodata companies in Europe for $37.5 million in cash, and in January it closed the purchase of Claritas operations in Europe in a deal valued at $40 million.
COPYRIGHT 2004 Journal Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Technology & Computers
Author:Turner, Lance
Publication:Arkansas Business
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 29, 2004
Words:201
Previous Article:Judge: damages against Tyson 'overstate' liability.
Next Article:Continental to offer daily LR-NY flight.
Topics:


Related Articles
'Unexpected' Happens at Acxiom.
Reducing Overhead.
Acxiom Cuts 230, Reveals 'Financial Road Map'.
Acxiom turnover on rise in turbulent 2005.
Acxiom transforms, performs.
Acxiom layoffs appear greater than in the past.
Acxiom's future.
Acxiom plans offshoring jobs to save money.
Acxiom: 2 'bad quarters' mean 266 lose their jobs.
ClearPointe benefits from Acxiom layoffs.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters