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NEWS10 July 2012

Harris Interactive closes New Jersey office

North America

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.

@RESEARCH LIVE

1 Comment

4 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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