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Carlson Companies Statement Regarding Workforce Reduction.

MINNEAPOLIS, July 10 /PRNewswire/ --

Carlson Companies today announced minor reductions to its U.S. workforce, stressing that the reductions will affect less than one-half of one percent of that workforce, and will occur in just two of its five divisions: Carlson Wagonlit Travel, the business travel division of the company; and Carlson Shared Services, which provides internal technology and business services to the other divisions of Carlson. Other divisions of the company will not be affected by this reduction.

Carlson is taking the action in response to the continuing slowdown in the business travel and technology sectors of the economy.

Reports in the media earlier today inaccurately characterized the reductions as being "large-scale" and "throughout the company." Those reports have since been corrected.

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Publication:PR Newswire
Date:Jul 10, 2001
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