Harris Interactive slashes US workforce by 16%
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US-- Harris Interactive has cut its US workforce by 16% as it looks to make $10m in annualised cost savings and “align cost structure with revenues”.
Ninety positions across the firm's research, project management, operations, marketing, sales and corporate departments were axed in the move.
Harris said the reductions were the next step in its organisational restructure, which was announced last December, when 51 positions were eliminated.
The firm said the new streamlined set-up replaces a “less efficient organisation structure with duplicative staffing”.
President and CEO, Kimberly Till, said: “These restructurings, taken together, align Harris's cost structure to the reality of the market with an eye toward a sustaining future.”
Its most recent results, reported in February, showed a 19% drop in revenue .
Author: James Verrinder
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