Catalina Marketing to Trim Workforce
Catalina Marketing Corp. is reducing its domestic workforce by 6 percent, or about 70 positions, the St. Petersburg, FL, company said this week.The company anticipates taking a pre-tax restructuring charge related to the workforce reduction of about $1 million in its fourth fiscal quarter ending March 31.
The reductions do not include employees within Catalina Marketing Direct Marketing Services, Catalina Marketing Research Solutions or Pacific Media, a Tokyo-based billboard division. The company in November announced its intention to divest those business units.
