News

Acclaim job cuts, CEO resigns

Posted on Sunday, 19 January 2003 by Speed, source: Fragland
Yahoo is reporting that Acclaim is apparantly getting rid of 35% of their administrative personnel and that their CEO has resigned

The job cuts and other measures will help Acclaim to reduce annual operating expenses by about 35 percent, it said in a release.

The Glen Cove, New York company also said president and chief operating officer for North America, Edmond Sanctis, had resigned. Rod Cousens, president and COO for Acclaim's international unit, will assume the interim role of global COO and president.
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