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This week, Acxiom Corp. announced it would eliminate 265 positions at its company as part of a workforce reduction effort aimed at saving money. About 140 of those jobs are being cut in Arkansas. The database giant says that the layoffs "will better align expenses with recent revenue performance" and "position the company to achieve stronger future financial performance." While the job cuts represent about 3.7 percent of Acxiom's global workforce, 53 percent of the announced layoffs are coming in Arkansas. Acxiom announced in mid-May that it would be acquired by private equity groups Silver Lake Partners and ValueAct Capital for $27.10 a share. Coughlin files paper in sentencing case Tom Coughlin, former Wal-Mart vice chairman, is asking for a hearing on an appeals court ruling handed down less than two weeks ago.
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