Infogroup Begins Staff Cull

ORC parent Infogroup has begun a programme of staff redundancies across a number of its US offices. While a report in one publication suggested 140 employees would lose their jobs, CEO Clare Hart has denied that this is accurate.

Last summer, database giant Infogroup was acquired by New York private equity firm CCMP Capital in a deal valued at $468m. The firm is now led by Hart (pictured), former head of Factiva.

At the time of the sale, Infogroup was split into 18 separate business units, but this number has now been reduced to five. Hart says the staff reductions will eliminate overlapping positions.

Commenting on the redundancies, she is quoted as saying: 'You can't pretend that if your business structure changes, you don't have to redefine the organizational structure. We had more employees than we needed to support the customer base.'

She also confirmed to Direct Marketing News that the number of people made redundant would be a 'small percentage' of the Infogroup population.

Web site: www.infogroup.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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