More Cuts, Staff Consolidation Coming At VNU?

sporting_goods_business.jpgFollowing today’s job cuts and executive shuffle at VNU, we hear from inside sources that more changes are afoot, specifically that VNU’s Sporting Goods Business has been sold, effective Aug. 31, with the deal resulting in more layoffs.

That would seem to be in line with outgoing CEO Mike Marchesano‘s exit memo to staff, although he refers to the SGB deal as a “partnership.”

EARLIER:

  • VNU Corporate Memos: Marchesano Expresses ‘Mixed Feelings,’ Uses Children’s Books As Metaphor
  • VNU Names New CEO, Promotes Current One
  • VNU Axes 26
  • VNU Lays Off ‘Week Staffers
  • VNU To Acquire Radio & Records