Acxiom to Cut up to $30 million in Operating Expenses – Staff Layoff Underway

Posted by Joachim Bartels | Nov 25, 2013 | Acxiom, Business Information, Business Process Outsourcing, Data Aggregation, Marketing Tools, United States | 0 |

As announced in Acxiom’s second quarter earnings report the company has begun to streamline its management structure, lay off staff to reduce its operating cost base by $20 to $30 million. According to a company spokesman the layoffs will be a company wide effort. Employees can expect measurable actions before the end of Acxiom’s fiscal year in the spring.

Source: Thecabin.net

About The Author

Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.