Business Services Industry

Late News.

Crain's Chicago Business, April, 2004

IRI STAFF CUTBACK HITS HARD LOCALLY Information Resources Inc. (IRI) plans to jettison 281 workers in the Chicago area, nearly 30% of its 1,000 local jobs. The company will outsource some of the jobs to India, a spokeswoman says. "We're taking these measures to create efficiencies, improve our financial performance and preserve the remaining jobs at the company,'' she adds.

IRI, which employs 2,900 worldwide, is trimming a handful of jobs outside the Chicago area, the spokeswoman says. The market research firm, which tracks sales data at supermarkets and other mass merchants, was acquired by California-based Symphony Technology Group LLC last year for about $100 million after posting losses the previous four years. S-TIMES ALMOST GETS CUBS SPONSORSHIP A...

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