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MAZDA MOTOR OF AMERICA ANNOUNCES ORGANIZATIONAL RESTRUCTURING AND WORKFORCE REDUCTION

 IRVINE, Calif., Aug. 24 /PRNewswire/ -- Mazda Motor of America Inc. (MMA) announced today a corporate restructuring aimed at further streamlining the organization to increase efficiency and responsiveness in a changing marketplace. The restructuring also will reduce overhead and fixed costs in an effort to remain competitive and become more productive during this difficult economic period.
 The realignment will result in the loss of approximately 175 jobs through a combination of consolidating departments and divisions, combining some job positions at every level, eliminating some management positions, and layoffs. Most of the changes will take place at the corporate headquarters in Irvine.
 The aggressive actions being taken during this reorganization are a natural extension of a new strategic direction begun last February to serve dealers and customers faster and better by placing more decision- making power and resources closer to the point of sales and service. Designed to better tap regional marketing opportunities and improve responsiveness to Mazda's 900-plus dealers, the regionalization policy placed more key executives in regional positions and shifted responsibility for some programs from corporate headquarters to the field.
 In the move to downsize MMA's corporate structure, the position of executive vice president of Operations has been eliminated. The departments and divisions formerly reporting to that position will now report directly to the president's office.
 Other organizational changes include the consolidation of logistics and sales, headed by Janet Thompson, vice president of Sales Operations, and the consolidation of marketing, product planning and public relations, headed by Jay Amestoy, vice president of Marketing and Communications. Duke Hale has been named vice president of Parts and Service. Herb Clark remains vice president of Human Resources and Training.
 MMA said that outplacement assistance will be provided to minimize the hardship to those employees and managers affected by the restructuring.
 -0- 8/24/93
 /CONTACT: Jay Amestoy, VP-marketing and communications of Mazda Information Bureau; or 714-727-6443; or Ron Hartwig or Eric Borsum 213-936-3114, for Mazda/


CO: Mazda Motor of America Inc. ST: California IN: AUT SU: PER

LM-EH -- LA017 -- 5491 08/24/93 13:45 EDT
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Publication:PR Newswire
Date:Aug 24, 1993
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