The axe at Acxiom | Arkansas Blog

Wednesday, September 12, 2007

The axe at Acxiom

Posted By on Wed, Sep 12, 2007 at 8:38 AM

And a cheery good morning to you, too:

Acxiom Corporation today announced a workforce reduction that will better align expenses with recent revenue performance and position the company to achieve stronger future financial performance. Approximately 265 positions will be eliminated, which represents 3.7 percent of the company’s global workforce. Of that total, about 140 jobs are being cut in Arkansas.

“Slower revenue growth drove us to take this action to reduce expenses,” Acxiom company leader Charles D. Morgan said. “The workforce reduction, in addition to other targeted expense cuts, will position Acxiom to deliver improved financial results.” Morgan noted that jobs were eliminated across all areas of Acxiom’s U.S. business.



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