NEWS10 July 2012
US— Harris Interactive closed its Princeton, New Jersey office at the end of June as part of an ongoing re-evaluation and downsizing of its leased office space requirements.
The actions are part of the turnaround plan instigated by CEO Al Angrisani (pictured), who was brought in to “right-size” the business a year ago after a run of bad results.
In its most recent results, for the three months ended 31 March, Harris reported revenue down 8% to $34.1m, albeit with reduced operating losses and net losses.
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1 Comment
Aneesh Laiwala
12 years ago
Cannot understand how closing offices & optimising space can be a strategy for turnaround of any company. What it tells us is that they do not have a strategy in place to recover lost clients & grow the business further to fill in empty seats. Organisations instead of sacking experienced people, should look at their capabilities & whether they have the right sales strategy in terms of who is selling business (researchers or pure sales people) & building relationships based on value addition & insights.
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