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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.
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Title Annotation:Technology & Computers
Author:Turner, Lance
Publication:Arkansas Business
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 29, 2004
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